Berkshire Hathaway Specialty Insurance enhances multinational capabilities

Berkshire Hathaway Specialty Insurance announced several enhancements to its multinational capabilities, including expanding its partner network and internal team of multinational experts, adding multinational products, and adopting a new technology platform to elevate service.

BHSI has grown its network of partners and can now deliver service in 178 countries. In addition, the company has expanded its dedicated internal team of multinational experts to 13 cities around the world. The company also rounded out its multinational capabilities to include surety bonds.

In terms of technology, BHSI has adopted WorldLink, an end-to-end distributed ledger-centric platform, to manage and service its multinational program business. The company collaborated with London-based insurance technology provider ChainThat.

“ChainThat’s distributed ledger-centric platform supports consistency, compliance, and transparency in our multinational transactions, while delivering data clarity and protection across multinational accounts. It enables BHSI to seamlessly coordinate and collaborate across local underwriters, producing offices, and network partners, facilitating the execution of our multinational programs.” – David Valzania, head of Multinational at BHSI.