Berkshire Hathaway Specialty Insurance (BHSI) has unveiled plans to expand into the property construction insurance market in the UK and Ireland.
The new venture will be spearheaded by Simeon Seamer, who joins from SCOR Global P&C.
At SCOR, Seamer was the EMEA head of construction and senior underwriter.
Overall, he spent around 20 years in the construction re/insurance sector.
His insurance career includes stints as senior construction underwriter at Zurich Global Corporate UK.
Seamer will be supported by James Emson, who will serve as VP of casualty, and Farhad Dabestani, who will hold the role of senior underwriter of professional indemnity.
Emson and Dabestani most recently worked at QBE in Hong Kong and AXA XL, respectively.
All of them will operate out of the firm’s London branch.
BHSI head of UK and Europe Chris Colahan said: “With the current uncertainty surrounding available capacity for the construction industry in London, BHSI is pleased to provide a stable, reliable solution.
“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.”
The firm’s UK and Ireland unit also offers CAR, liability as well as professional indemnity services.