Berkshire Hathaway Specialty Insurance (BHSI), the insurance arm of Warren Buffett’s global insurance and reinsurance company, is expanding into the UK property construction insurance market and has added Simeon Seamer to lead as Head of Property Construction, UK & Ireland from the firm’s London office.
Alongside property construction, BHSI’s UK expansion looks set to offer a range of products including Contractors’ All Risks (CAR) insurance, as well as liability and professional indemnity coverages.
“With the current uncertainty surrounding available capacity for the construction industry in London, BHSI is pleased to provide a stable, reliable solution,” stated Chris Colahan, Head of UK and Europe, BHSI.
“We enter the property construction market with substantial capacity backed by stellar financial strength, BHSI’s long-view market commitment, and the expertise of Simeon to lead our growing team.”
Seamer joins BHSI with close to 20 years’ experience in the construction re/insurance industry. His most recent role was with SCOR Global P&C, where he served as EMEA Head of Construction & Senior Underwriter.
Prior to that he was Senior Construction Underwriter at Zurich Global Corporate UK.
BHSI’s construction team for the UK and Ireland also includes James Emson, VP of Casualty, who joins BHSI from QBE in Hong Kong, and Farhad Dabestani, Senior Underwriter, Professional Indemnity, who comes to BHSI from AXA XL.
