Berkshire Hathaway Specialty Insurance Expands in Italy
Berkshire Hathaway Specialty Insurance is making significant strides in expanding its management team in Italy. With the recent appointment of Francesco Longobardo as the Head of Casualty, the company is enhancing its local underwriting capacity in Milan.
Leadership and Vision for Growth
Leonardo Castrichino, the Country Manager for Italy at Berkshire Hathaway Specialty Insurance (BHSI), expressed enthusiasm about this expansion. He stated, "We are excited to continue our expansion, with Francesco leading our entrance into the casualty market in Italy." His leadership is set to catapult BHSI's efforts in bringing robust casualty solutions to customers and brokers in the region.
Francesco Longobardo's Extensive Experience
Francesco Longobardo joins BHSI with more than 20 years of invaluable experience in the insurance industry. Throughout his career, he has held progressive roles in liability underwriting, particularly during his 17-year tenure at a renowned global insurer. His diverse background also includes time spent in brokerage, giving him a well-rounded perspective on both sides of the industry.
Role and Responsibilities
In his new position, Longobardo will manage the underwriting process for primary and excess casualty insurance across various industry sectors. This crucial role will help solidify BHSI's footing in the Italian market. For any inquiries, he is available to connect directly.
Berkshire Hathaway Specialty Insurance in Italy
Berkshire Hathaway Specialty Insurance operates in Italy under the name Berkshire Hathaway European Insurance DAC (BHEI). This entity is an Irish-domiciled Designated Activity Company and maintains a robust affiliation with Berkshire Hathaway Specialty Insurance Company (BHSIC), which is based in the USA. BHSIC provides a wide array of insurance products, including commercial property, casualty, healthcare professional liability, and more.
Financial Strength and Global Reach
Both BHSI and its subsidiaries, like BHEI, benefit from stellar ratings in the insurance sector, boasting A++ from AM Best and AA+ from Standard & Poor’s. This financial strength underpins their commitment to providing quality insurance services. With offices across major cities worldwide, including Milan, the company is strategically positioned to meet the needs of its global clientele.
Frequently Asked Questions
What is the new position held by Francesco Longobardo?
Francesco Longobardo has been appointed as the Head of Casualty in Italy at Berkshire Hathaway Specialty Insurance.
How long has Francesco Longobardo been in the insurance industry?
Francesco Longobardo comes with over 20 years of experience in the insurance sector.
What is the focus of Berkshire Hathaway Specialty Insurance's expansion?
The expansion focuses primarily on enhancing local underwriting capabilities in the casualty insurance market in Italy.
Under which name does BHSI operate in Italy?
Berkshire Hathaway Specialty Insurance operates in Italy under the name Berkshire Hathaway European Insurance DAC (BHEI).
What types of insurance does BHSIC offer?
BHSIC provides a diverse range of insurance products, including commercial property, casualty, healthcare professional liability, and more.
