BHSI favours steady growth in Europe

Berkshire Hathaway Specialty Insurance (BHSI) has said it prefers the steady growth strategy to a quick one for its Europe operation. The reason for this measured approach is reportedly because the company likes to build long term relationships with brokers, saying that earning business takes time. BHSI has recently made three new additions to its London underwriting team with Richard Nathan as head of property lines, Patrick Brown as head of executive and professional liability and Andrew Walker as head of claims. They will be joined by a fourth later in the year and have been tasked with growing business in the UK, Ireland, Spain, France and Italy with Ireland and Spain the main focus this year.