Berkshire Hathaway Specialty Insurance

What Berkshire Hathaway Specialty Insurance does

Berkshire Hathaway Specialty Insurance (BHSI) is a Boston-headquartered, wholly owned subsidiary of Berkshire Hathaway Inc. that operates as a global specialty commercial insurance carrier, founded in 2013 as part of Berkshire's National Indemnity group of insurance companies. The company provides a broad portfolio of specialty insurance products including commercial property, casualty, healthcare professional liability, executive and professional lines (Directors & Officers liability), transactional liability, surety, marine, travel, programs, medical stop loss, homeowners, multinational, cyber and errors & omissions, and financial institutions coverage. Its core technical platform is a multinational insurance capability that designs, prices, and issues locally compliant policies across more than 178 countries, supported by integrated global claims coordination under the 'Claims is Our Product' operating philosophy.

BHSI underwrites enterprise and commercial risks through three principal go-to-market motions: insurance brokers and specialty wholesale brokers as the primary distribution channel, direct enterprise field sales via 40+ offices worldwide, and direct multinational program engagement with corporate customers and broker partners. Pricing is quote-based and determined through an underwriting assessment of risk profile and policy terms, with annual billing, producing recurring insurance premium revenue streams. The carrier benefits from the financial strength of Berkshire Hathaway's balance sheet, holding an A++ rating from AM Best and AA+ from Standard & Poor's, and writes certain lines on net capacity without accessing reinsurance markets.

Since founding with four teammates, BHSI has grown to approximately 1,900 teammates globally and pursued a measured, disciplined expansion strategy, entering Europe in 2016 and Asia Middle East shortly thereafter, with continued 2026 product and geographic launches into Ireland (surety), Switzerland (casualty and D&O), Italy (primary casualty), and a strategic MGA-style partnership with Vivere Partners to access the small and mid-sized private company management liability segment.

Name

Berkshire Hathaway Specialty Insurance

Legal name

Berkshire Hathaway Specialty Insurance

Website

https://bhspecialty.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

Berkshire Hathaway Specialty Insurance is a global specialty commercial insurance carrier offering property, casualty, D&O, surety, marine, medical stop loss, and multinational coverage to enterprise and mid-market clients through brokers and 40+ offices across five regions, backed by Berkshire Hathaway's A++ balance sheet.

Ownership category

akta.pro rank

Product category

Specialty Commercial Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412)

SIC

Fire, Marine & Casualty Insurance (6331), Surety Insurance (6351)

akta.pro primary industry

Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD)

akta.pro secondary industries

Commercial General Liability (CGL) (FSAJADAA), Construction Specialty (Wrap-Ups/Builders Risk/Contractors) (FSAJAGAH), Directors & Officers (D&O) Liability (FSAJADAF)

Keywords

• Commercial property insurance
• Executive liability coverage
• Multinational insurance programs
• Marine insurance coverage
• Surety bonding solutions

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices43 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Insurance Premiums: BHSI generates revenue through insurance premiums across multiple specialty lines including property, casualty, professional liability, marine, surety, and executive lines
2. Multinational Insurance Programs: Provides customized multinational insurance solutions with local policy issuance in over 178 countries

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Berkshire Hathaway Specialty Insurance (BHSI) underwrites and delivers a broad portfolio of specialty commercial insurance products, including commercial property, casualty, healthcare professional liability, executive and professional lines (D&O), transactional liability, surety, marine, travel, programs, medical stop loss, homeowners and multinational insurance. The company distributes these products through insurance brokers and direct office sales to commercial and institutional clients across more than 178 countries, supported by an in-house claims operation organized around a "Claims is Our Product" philosophy.

Product overview

Berkshire Hathaway Specialty Insurance (BHSI) operates as a specialty insurance organization offering a comprehensive portfolio of commercial insurance products. The company provides property, casualty, professional lines, and specialty coverage through a multi-product platform spanning over 178 countries worldwide. Core products include Commercial Property Insurance, Casualty Insurance (public liability, employers' liability, product liability), Healthcare Professional Liability, Executive and Professional Lines (D&O), Transactional Liability, Surety, Marine, Travel Insurance, Programs, Medical Stop Loss, Homeowners Insurance, and Multinational Insurance solutions. The product portfolio also includes Cyber and Errors & Omissions coverage, Financial Institutions Insurance, and a Private Company Management Liability program developed in partnership with Vivere Partners. BHSI is part of Berkshire Hathaway's National Indemnity group, maintaining financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's.

Differentiator

Problem solved

Functional benefit

Brands

• Executive First D&O: Directors & Officers liability insurance product line launched in Switzerland, UK and other markets
• Casualty Insurance Policies

Products and services

• Commercial Property Insurance Insurance coverage for commercial properties against damages from fire, weather, theft and other covered perils, underwritten for commercial and institutional clients.
• Casualty Insurance Coverage including public liability, employers' liability and product liability for corporate, industrial and multinational risks, expanded to Italy and Switzerland in 2026.
• Healthcare Professional Liability Professional liability coverage for healthcare providers and institutions.
• Executive and Professional Lines (D&O) Directors and Officers (D&O) liability insurance including Executive First D&O and D&O Liability+ products for commercial, industrial and financial organizations.
• Transactional Liability Insurance coverage for transaction-related risks including mergers and acquisitions and deal-specific liabilities.
• Surety Surety bonding solutions for construction firms and infrastructure projects, including major national and international infrastructure programs.
• Marine Insurance Marine and transportation insurance covering vessels, cargo and marine liability risks across North America, the UK and Canada.
• Travel Insurance Travel protection products including Berkshire Hathaway Travel Protection (BHTP), Travelex and VacationGuard.
• Medical Stop Loss Employer stop loss insurance protecting self-funded employer health plans against catastrophic claims.
• Multinational Insurance Customized insurance solutions for multinational companies operating in over 178 countries, including local policy execution, global claims coordination and dedicated multinational underwriting support.
• Cyber and Errors & Omissions Coverage for cyber risks and professional liability including errors and omissions insurance for various industries.
• Private Company Management Liability Program Management liability program for small to mid-sized private companies, launched in partnership with Vivere Partners and led by Vivere's Chief Underwriting Officer Michael Levins.
• Financial Institutions Insurance Specialty coverage for financial institutions including banks, investment firms and other financial services companies.
• Homeowners Insurance Insurance coverage for homeowners against property damage and liability.

Quantifiable outcome

• Global presence in over 178 countries through multinational programs
• +1 more outcomes

Named customers3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Vivere PartnerscoreStrategic or Co-development Partner · 2 March 2026Strategic partnership to launch Private Company Management Liability program targeting small to mid-sized private company accounts. The program is led by Vivere's Chief Underwriting Officer Michael Levins and emphasizes disciplined underwriting principles and technology enablement.

Scale indicators3 records

Recent moves10 records

Expansion highlights6 records

Market position

Strengths4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/berkshire-hathaway-specialty-insurance
• Xx.com/bhspecialty

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Berkshire Hathaway Specialty Insurance