Berkshire Hathaway Specialty Insurance announces new product line

Berkshire Hathaway Specialty Insurance announces new product line | Insurance Business

Berkshire Hathaway Specialty Insurance announces new product line
Berkshire Hathaway Specialty Insurance (BHSI) has announced that it has launched a full suite of accident and health insurance products in the Australian market, with a pair of key hires joining the firm.

The business has hired Daniel Kenny as head of accident and health and Shaun Higgerson as senior underwriter, accident and health, as the company looks to build on its Australian footprint.

“The financial strength of BHSI and skill and responsiveness of our team will give us unique flexibility in tailoring A&H protection for companies and employees throughout Australia,” Chris Colahan, president of BHSI, Australasia said.

“Our A&H solutions will be distinguished by our innovative underwriting and deployment of technology to enhance worker wellness and benefits, while lowering employer costs.”

BHSI’s new A&H product line includes: corporate travel insurance, group personal accident insurance, expatriate insurance, inpatriate insurance, journey insurance and voluntary workers insurance.

BHSI has contracted with IAG-owned emergency management company Dynamiq to provide emergency travel, medical and security assistance services to policyholders and will offer access to concierge services “that help employees address emergencies they face while traveling or that impact their home or family while they are away,” the company said in a statement.

Kenny heads to BHSI with more than 20 years’ experience in the industry and was previously national manager, broker market, accident and health at Chubb having held positions with Aon Risk Solutions and Ogilvy & Ogilvy in Sydney and Toronto respectively.

Higgerson also joins to BHSI from Chubb where he was most recently senior development underwriter, having worked as a consultant at FactSet Research Systems.

The move in Australia follows a similar launch in Asia.

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