Berkshire Hathaway Specialty Insurance Launches Singapore Operation, Appoints Key Leaders in Region

BOSTON--()--Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has received its non-life insurance license in Singapore, and named Marc Breuil as Regional President, Marcus Portbury as Head of Third Party Lines, and Peter McKenna as Head of Energy and Construction Casualty, in Asia.

"We are pleased to bring the stability and capacity of BHSI to serve the commercial insurance needs of customers in Singapore,” said Peter Eastwood, President of BHSI. "With Marc, Marcus and Peter spearheading our entry into the local insurance market, we are pairing substantial expertise and local knowledge with our strong balance sheet from day one."

Under Marc's leadership as Regional President, BHSI is introducing a full range of commercial insurance products in Singapore, including commercial property, casualty, energy & construction, marine, and financial lines.

Marc comes to BHSI with over 20 years of international insurance experience, including more than a decade in various senior level posts in the Asian market. He was most recently President & CEO of AIG Hong Kong, Macau and Taiwan. He received his maitrise degree in Business Administration from Dauphine University in Paris, and a master's degree from Baruch College.

Marcus Portbury has spent more than two decades in the insurance industry at various broking and insurance organizations in Australia, Canada, Singapore, and Hong Kong. He was most recently regional Head of Casualty, Asia Pacific, for AIG.

Peter McKenna joins BHSI with more than 25 years of experience spanning both casualty claims and underwriting in Australia and Singapore. He was most recently Asia Head of Casualty at Catlin. Prior to his career in insurance, Peter served in the Royal Australian Infantry.

Berkshire Hathaway Specialty Insurance (www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines, surety, travel, programs, and homeowners insurance for customers domestically and internationally. It underwrites on the paper 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. In Asia, it underwrites on the paper of Berkshire Hathaway Specialty Insurance Company, which hold financial strength ratings of A++ from AM Best. Based in Boston, Berkshire Hathaway Specialty Insurance has regional underwriting offices in Atlanta, Boston, Chicago, Los Angeles, New York, Singapore and Toronto.

For more information, contact Marc Breuil at +85263190001 or marc.breuil@bhspecialty.com

Contacts

MEDIA CONTACT
for Berkshire Hathaway Specialty Insurance
JoAnn Lee, +1 617-936-2937

Release Summary

Berkshire Hathaway Specialty Insurance Launches Singapore Operation, Appoints Key Leaders in Region

Contacts

MEDIA CONTACT
for Berkshire Hathaway Specialty Insurance
JoAnn Lee, +1 617-936-2937