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Berkshire Hathaway Specialty Insurance launches surety in France
BHSI appointed Stéphane Fauré in Paris to lead the new surety operation targeting upper middle-market and large corporate clients.
Berkshire Hathaway Specialty Insurance has launched a surety business in France, naming Stéphane Fauré as head of surety for the country, according to Coverager.
Fauré will lead the development of surety solutions for brokers and customers, with a focus on upper middle-market and large corporate clients, and the offering is aimed at industries including infrastructure, construction, renewable energy and services.
Coverager reports that Fauré, based in Paris, has more than 10 years of experience in surety and guarantees, including regional strategy, business transformation, product development, and broker and bank relationships.
Coverager also notes that BHSI’s existing operations include a US healthcare professional liability business for healthcare providers and life sciences companies, and Switzerland coverage that spans property, business interruption, D&O and multinational insurance, alongside continued investment in its employer stop loss business.