Berkshire Hathaway Specialty Insurance Expands Casualty Lines in Italy

Business Wire

BOSTON & MILAN--(BUSINESS WIRE)--
Berkshire Hathaway Specialty Insurance (BHSI) today announced the introduction of primary casualty policies for national and multinational risks in Italy.

"We are pleased to launch our modular, proprietary primary casualty solution, expressly designed to meet our customers’ need for simplicity, clarity and transparency in managing casualty risk,” said Francesco Longobardo, Head of Casualty, Italy, BHSI. “This marks another significant step in building a sustainable, long-term business in the Italian market.”

Coverage sections – including public liability, employers’ liability and product liability – can be purchased individually or combined. BHSI underwrites on a net capacity basis without accessing the reinsurance markets, which translates to flexible coverage design and responsive, local decision-making for customers, from underwriting through claims. All policies are backed by BHSI’s "CLAIMS IS OUR PRODUCT" philosophy, which underscores the company’s commitment to delivering excellent service when customers face claims.

"The introduction of these policies is another milestone in our steady expansion in Italy. We look forward to continuing to grow, hiring talented professionals, launching new products, entering new segments, and expanding our geographical presence," said Leonardo Castrichino, Country Manager, Italy, BHSI.

The new policies are available immediately in Italy. For more information, contact francesco.longobardo@bhspecialty.com.

In Italy, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI). BHEI is an Irish domiciled Designated Activity Company, Registration Number 636883 and Registered Office at 2nd Floor, 7 Grand Canal Street Lower, Dublin D02 KW81 and is affiliated with Berkshire Hathaway Specialty Insurance Company (BHSIC), a Nebraska USA domiciled corporation, which provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance. BHSIC and BHEI are subsidiaries of Berkshire Hathaway's National Indemnity group of insurance companies, which hold financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's. Based in Boston, BHSI has offices in Atlanta, Boston, Chicago, Columbia, Dallas, Houston, Indianapolis, Irvine, Los Angeles, New York, Plymouth Meeting, San Francisco, San Ramon, Seattle, Stevens Point, Adelaide, Auckland, Barcelona, Brisbane, Brussels, Cologne, Dubai, Dublin, Frankfurt, Hong Kong, Kuala Lumpur, London, Lyon, Macau, Madrid, Manchester, Melbourne, Milan, Munich, Paris, Perth, Singapore, Stockholm, Sydney, Toronto, and Zurich.