Berkshire Hathaway expands overseas offering, adds new SVP

Berkshire Hathaway expands overseas offering, adds new SVP | Insurance Business America

Berkshire Hathaway expands overseas offering, adds new SVP
Warren Buffett’s Berkshire Hathaway continues its expansion in the UK and Europe with the launch of a new casualty platform and the appointment of a senior leader in London.
Berkshire Hathaway Specialty Insurance (BHSI) is introducing public and products liability insurance in the UK, Ireland and Southern Europe, and employer’s liability insurance in the UK and Ireland.
The company has also appointed Martin Leeks as senior vice president, casualty, UK and Southern Europe. He will be based in the London office that BHSI established in February.
“Under Martin’s leadership, we look forward to building out our casualty team in the region and bringing to market creative solutions with the financial strength and long-term underwriting focus of BHSI,” said Tom Bolt, president, BHSI, UK and Southern Europe.
“Martin’s wealth of casualty underwriting expertise, coupled with our broad appetite and stable capacity, will translate to solutions that serve customers well for years to come,” Bolt added.

Bolt has 26 years of casualty underwriting experience, joining from Mitsui Sumitomo at Lloyd’s. He was also a senior underwriter at Chartis (AIG) Cat Excess and held casualty underwriting roles at ACE Europe and Zurich.

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