Berkshire Hathaway

Improving Contract Literacy: Praktio Launches On-demand Course for Marmon's Business Professionals

Retrieved on: 
Tuesday, April 2, 2024

In a fast-paced business environment, understanding and managing contracts is a critical skill for business professionals across all roles and industries.

Key Points: 
  • In a fast-paced business environment, understanding and managing contracts is a critical skill for business professionals across all roles and industries.
  • Praktio's latest on-demand course, Commercial Contracts Essentials , empowers professionals with the acumen to confidently navigate commercial contracts.
  • Our business units see the value in the training, and they like the option to take it at their own pace.
  • "We are excited to release this new course aimed specifically at business professionals who work with contracts."

AM Best Affirms Credit Ratings of National Indemnity Company and Its Affiliates

Retrieved on: 
Thursday, March 28, 2024

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aaa” (Exceptional) of National Indemnity Company (Omaha, NE) and its affiliates (collectively referred to as National Indemnity).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aaa” (Exceptional) of National Indemnity Company (Omaha, NE) and its affiliates (collectively referred to as National Indemnity).
  • The ratings of National Indemnity reflect its balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, very favorable business profile and appropriate enterprise risk management (ERM).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Berkshire Hathaway Specialty Insurance Appoints Chres Lee to Head of Transactional Liability in Canada

Retrieved on: 
Tuesday, March 26, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has expanded its global Transactional Liability team, welcoming Chres Lee as Head of Transactional Liability in Canada.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has expanded its global Transactional Liability team, welcoming Chres Lee as Head of Transactional Liability in Canada.
  • “With this latest appointment, we continue to strengthen our Transactional Liability team and capabilities around the globe,” said Michael Brooks, Head of Transactional Liability, North America.
  • Chres is based in Ontario and can be reached at [email protected]
    BHSI’s Transactional Liability team structures Representations & Warranties, Tax, Contingent Liability and Class Action Settlement Insurance for companies throughout North America and around the world.
  • Berkshire Hathaway Specialty Insurance ( www.bhspecialty.com ) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance.

Berkshire Hathaway Specialty Insurance Names Ingo Lorber Head of Claims for DACH Region

Retrieved on: 
Tuesday, April 2, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Ingo Lorber to Head of Claims for Germany, Austria, and Switzerland (DACH).

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Ingo Lorber to Head of Claims for Germany, Austria, and Switzerland (DACH).
  • “BHSI’s commitment to consistently excellent service and doing the right thing for our customers and brokers is embodied in our CLAIMS IS OUR PRODUCT philosophy,” said Andreas Krause, Head of DACH, BHSI.
  • He joined BHSI a year ago as the company deepened its service infrastructure in the DACH region.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

Berkshire Hathaway Specialty Insurance Promotes Daniela Peeters to Lead Customer & Broker Engagement in Germany

Retrieved on: 
Tuesday, March 26, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has named Daniela Peeters as Head of Customer & Broker Engagement in Germany.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has named Daniela Peeters as Head of Customer & Broker Engagement in Germany.
  • She was previously Customer & Broker Engagement Manager for Northern Germany.
  • “Daniela lives our BHSI values, bringing them to her every interaction with our customers and brokers,” said Andreas Krause, Head of DACH, BHSI.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

Celonis Launches Sailfin Accounts Receivable App Suite Powered by Process Intelligence and AI to Improve Cash Flow and Working Capital

Retrieved on: 
Wednesday, March 20, 2024

Celonis , the global leader in Process Mining , today announced the launch of the new Sailfin Accounts Receivable (AR) app suite, developed in collaboration with Sailfin Technologies, which Celonis acquired in 2022 .

Key Points: 
  • Celonis , the global leader in Process Mining , today announced the launch of the new Sailfin Accounts Receivable (AR) app suite, developed in collaboration with Sailfin Technologies, which Celonis acquired in 2022 .
  • The Sailfin AR apps are powered by the Celonis Process Intelligence Platform and leverage the standardized and unified process data and knowledge provided by the Celonis Process Intelligence Graph *.
  • “The Sailfin AR apps are a true value accelerator for Finance operations,” said Harit Nanavati, GM Accounts Receivable at Celonis and Founder & CEO of Sailfin Technologies.
  • With this robust process intelligence foundation, the Sailfin AR app suite is an evolution of the existing Celonis Premium Accounts Receivable apps .

Berkshire Hathaway HomeServices California Properties Agents, Teams Earn a Place on Top 100 Real Estate Agents List

Retrieved on: 
Wednesday, March 13, 2024

Berkshire Hathaway HomeServices California Properties agents have once again proved they are among the best in Southern California: Five of the company’s agents and teams have placed prominently in the Los Angeles Business Journal list of the county’s Top 100 Residential Real Estate Agents in 2024.

Key Points: 
  • Berkshire Hathaway HomeServices California Properties agents have once again proved they are among the best in Southern California: Five of the company’s agents and teams have placed prominently in the Los Angeles Business Journal list of the county’s Top 100 Residential Real Estate Agents in 2024.
  • We are proud of our agents for consistently going the extra mile and for establishing themselves as leaders in the industry,” said Martha Mosier, President of Berkshire Hathaway HomeServices California Properties.
  • The full list of the Top 100 producers appears in the March 11 issue of the Los Angeles Business Journal.
  • The Berkshire Hathaway HomeServices California Properties agents, teams, and their branch offices are as follows, shown by placement on the list:
    No.

Brooks Running Announces CEO Transition

Retrieved on: 
Tuesday, March 12, 2024

Dan Sheridan, who currently serves as President and Chief Operating Officer, will become Brooks’ next CEO, effective April 26, 2024.

Key Points: 
  • Dan Sheridan, who currently serves as President and Chief Operating Officer, will become Brooks’ next CEO, effective April 26, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240312936273/en/
    Dan Sheridan, who currently serves as President and Chief Operating Officer, will become Brooks’ next CEO.
  • “It has been a privilege and an honor to serve as Brooks CEO for the past 23 years.
  • Dodge joined Brooks in 2013 as Associate General Counsel and has served as VP General Counsel, VP of HR, and Managing Director of Brooks International in his decade-long career at Brooks.

Applied Surety Underwriters, subsidiary of Applied Underwriters' United Risk Division, Acquires Major Portion of Argo Group's In-Force Oil, Gas, Mining, and Coal Surety Businesses

Retrieved on: 
Thursday, April 4, 2024

NEW YORK, April 4, 2024 /PRNewswire/ -- Applied Surety Underwriters (ASU), a subsidiary of Applied Underwriters' United Risk division, has announced that it will acquire the majority of Argo Surety group's in-force coal, oil, gas, and mining business.

Key Points: 
  • NEW YORK, April 4, 2024 /PRNewswire/ -- Applied Surety Underwriters (ASU), a subsidiary of Applied Underwriters' United Risk division, has announced that it will acquire the majority of Argo Surety group's in-force coal, oil, gas, and mining business.
  • ASU will immediately assume the management and administration of the exposures acquired, while Argo Surety continues some processing, renewing, and closing of bonds during the transition period, expected to last for less than one year.
  • Terms of the transaction were not disclosed.
  • While this is now a small subsection of the industries we support, we firmly believe a diversified portfolio is strengthened by adding engineered risk solutions to underpin our overall surety portfolio and that we have the strongest potential platform for its growth.

Applied Underwriters Names Gregg Holtmeier Vice President, Strategic Development, for Company's Growing M&A and Partnership Alliances

Retrieved on: 
Monday, April 1, 2024

OMAHA, Neb., April 1, 2024 /PRNewswire/ -- Steve Menzies, Chairman of Applied Underwriters, has announced the naming of Gregg Holtmeier to the post of Vice President of Strategic Development, to collaborate with the company's growing team in M&A, corporate alliances and partnership relationships. Applied Underwriters has announced several transactions recently, which follow a long list in the preceding years.

Key Points: 
  • OMAHA, Neb., April 1, 2024 /PRNewswire/ -- Steve Menzies, Chairman of Applied Underwriters, has announced the naming of Gregg Holtmeier to the post of Vice President of Strategic Development, to collaborate with the company's growing team in M&A, corporate alliances and partnership relationships.
  • Applied Underwriters has announced several transactions recently, which follow a long list in the preceding years.
  • As it is getting more vigorous, we have hired Gregg Holtmeier to help blueprint and realize meaningful, strategic growth, using imagination and creativity together with the resources our professional team offers.
  • He has served in strategic leadership roles at BMS, Guy Carpenter and JLT, while serving on multiple boards during his distinguished career.