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Forged By Fire: Berkshire Hathaway Specialty Insurance


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Forged By Fire

 

"To understand the professional bonds and temperaments of the team that leads Berkshire Hathaway Specialty Insurance, go back to 2008.

 

Peter Eastwood, president of BHSI since its April 29 launch, then worked at Lexington Insurance, AIG's excess and surplus division. David Bresnahan, David Fields and Sanjay Godhwani, the three other players in the leadership quartet that left AIG for BHSI in April, were also AIG employees at the time. All of them had worked together on major projects and trusted one another. Then came September of 2008 and the earth shook in financial services.

 

We all know the story. AIG's liquidity problems brought it to its knees. For many of its employees, the question became, should I stay or should I go?

 

These four stayed..."

 

http://www.riskandinsurance.com/story.jsp?storyId=533355409

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Great read.  Thanks for sharing.

+1 Thanks

 

Looks like they are building the team and business fast. How much float generation should be expected from BHSI over the next 5 years?

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