Berkshire Hathaway expanding again

A new week, a new product – Warren Buffet’s insurance arm ties up with broker and moves into the rental market
INSURANCE NEWS
By James Middleton
Nov 17, 2015
Insurance giant Berkshire Hathaway Travel Protection (BHTP) teamed up with VacationGuard, a specialist provider of vacation rental insurance, this week to create customized travel insurance products for timeshares, travel clubs, resorts and vacationers.
 
Targeted at both property owners and vacation renters, the products protect against trip cancellation, delays, injuries and accidental damage to rental units.
 
VacationGuard claims to be one of the pioneers of developing benefits and plan designs for vacation rental insurance more than 20 years ago. Partnering with BHTP allows VacationGuard to stay up to date, offering new technologies and innovative products, backed by the security of one of the biggest brands in travel insurance.
 
“BHTP has proven themselves to be leaders in embracing innovation, technology, and a culture that will protect the brand-sensitive companies we work with,” said Brian Rock, vice president of VacationGuard.
 
BHTP travel insurance products for VacationGuard have been approved in 45 jurisdictions, with filings pending in Massachusetts, New York, Virginia, Colorado, Oregon and Washington.
 
 
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB US.