BHSI expands into UK and Europe with focus on mergers and acquisitions
Berkshire Hathaway Speciality Insurance (BHSI) is expanding its North American transactional liability insurance business into the UK and Europe.
The latest move, which comes multi week after announcing its entry into the property development market in the UK and Ireland, will enable BHSI to zero in on its mergers and acquisitions project in UK and Europe.
The company has named Ed Martin as head of transactional liability, UK and Europe. Martin will be based in London. Earlier, he filled in as the lead in-house insurance industry M&A deals at Enstar Group. Prior to that, he was at Norton Rose Fulbright as Of Counsel.
Berkshire Hathaway Speciality Insurance senior VP and head of transactional liability Robert Underhill said: "As the requirement for answers for the dangers and uncertainties in corporate transactions keeps on developing, BHSI is pleased to bring to market the local skill, financial strength, and capacity that will enable companies in the UK and all through Europe to answer, rapidly and strategically, to the openings of mergers, acquisitions and different transactions."
BHSI head of UK and Europe Chris Colahan said: "Our capabilities in the UK, all through Europe and around the world keep on expanding to assist our customers with answering squeezing gambles.
"This latest expansion follows the very much set pattern of BHSI's development: We develop where and when we can offer outstanding skill and give meaningful long haul arrangements, backed by our stable capacity and financial strength."
BHSI will offer warranty and reimbursement, tax, and contingent liability insurance in the UK and all through Europe.
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