Berkshire Hathaway names Australasia insurance headApril 27 2015 by InsuranceAsia News Staff
Property and casualty insurer Berkshire Hathaway Specialty Insurance (BHSI) has appointed Chris Colahan as President of its Australasia Region after the insurer received a license to provide all lines of general business in Australia.
Colahan joins BHSI from RSA Insurance Group, where he was most recently Asia CEO, and will lead the underwriting, claims and functional team that will serve the needs of the Australian market.
Colahan started his career in Australia at Westpac Banking Corporation.
BSHI President Peter Eastwood said that following the issuing of the insurance license by Australian regulators, BSHI will start providing property, casualty, financial lines and marine cargo insurance in the country immediately.
BSHI is also pursuing its insurance license in New Zealand.
Colahan said he was excited to bring the Berkshire Hathaway brand to the Australian insurance marketplace.
Aside from Colahan, BHSI also announced the appointment of 10 individuals to head the insurer’s various departments in Australia.
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