Berkshire Hathaway GUARD Insurance Companies

AM Best Affirms Credit Ratings of Berkshire Hathaway GUARD Insurance Companies’ Members

Retrieved on: 
Wednesday, July 26, 2023
Insurance, Professional Services, Berkshire Hathaway, Pressure, AM Best, BRK, ALL, Risk management, Berkshire Hathaway GUARD Insurance Companies, Credit, National Indemnity Company, Berkshire, NICO, Superior, Wilkes-Barre, Pennsylvania, AM, Var, News, NYSE

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement.
  • These companies are members of Berkshire Hathaway GUARD Insurance Companies (GUARD) and are domiciled in Wilkes-Barre, PA, unless otherwise specified.
  • 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 Names Ben Ruddlesdin Head of Professional Indemnity in London

Retrieved on: 
Monday, March 20, 2023
Insurance, Professional Services, Berkshire Hathaway, AM Best, National Indemnity Company, Berkshire Hathaway GUARD Insurance Companies, Travel, PI, Lead, Standard, Growth, Health, Indemnity

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Ben Ruddlesdin to Head of Professional Indemnity & Cyber (UK).

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Ben Ruddlesdin to Head of Professional Indemnity & Cyber (UK).
  • “Ben has been integral to the growth of our PI portfolio over the past three years,” said Jessica Kirby, Head of Executive and Professional Lines, UK.
  • 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.
  • It underwrites on the paper of Berkshire Hathaway's National Indemnity group of insurance companies, which hold financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's.

weSure Digital Launches Innovative Commercial Insurance Product in its First US State

Retrieved on: 
Wednesday, February 15, 2023
Insurance, GWP, MetLife, WESR, Berkshire Hathaway, NTT, Berkshire Hathaway GUARD Insurance Companies, Data-driven, AM Best, Small, SME, Harel Group, Business owner's policy, Knowledge, Small business, Liability, Chief commercial officer, Traveler, TASE, Digital, BOP, MGA, NTT DATA, Cryptocurrency, Mobile phone, Management

New York, NY, Feb. 15, 2023 (GLOBE NEWSWIRE) -- WeSure Digital Insurance Services, Inc. (“weSure Digital”), the US Managing General Agency (MGA) subsidiary of the international publicly traded insurance and technology group WeSure Global Tech Ltd (TASE: WESR) which currently writes over $1 billion of Gross Written Premium (GWP) globally as a multi-line and multi-segment insurance carrier, announced today the launch of its fully digital insurance offering in the US, starting with Business Owners Policy (BOP) packaged Property & Liability insurance product in the State of Ohio.

Key Points: 
  • New York, NY, Feb. 15, 2023 (GLOBE NEWSWIRE) -- WeSure Digital Insurance Services, Inc. (“weSure Digital”), the US Managing General Agency (MGA) subsidiary of the international publicly traded insurance and technology group WeSure Global Tech Ltd (TASE: WESR) which currently writes over $1 billion of Gross Written Premium (GWP) globally as a multi-line and multi-segment insurance carrier, announced today the launch of its fully digital insurance offering in the US, starting with Business Owners Policy (BOP) packaged Property & Liability insurance product in the State of Ohio.
  • During the course of 2023, weSure Digital will expand to additional US States and will introduce additional products.
  • Emil Vainshel, Founder of weSure Global Tech and Chairman of the Board of weSure Digital, said: “We are thrilled to be launching this product and to offer our unique international digital insurance services now to the US market.
  • Barbara joins from Utica National Insurance Group, where she spent over 10 years in various product and distribution leadership roles, most recently leading Utica’s Small Commercial Segment.

Roots Automation Closes 2022 with Strong Growth Across Several Areas as it Increases Operational Efficiency for Insurers with Intelligent Digital Coworkers

Retrieved on: 
Tuesday, December 13, 2022
Document processing, ROI, Product innovation, Female gendering of AI technologies, Automation, Data science, HIPAA, Software as a service, Berkshire Hathaway GUARD Insurance Companies, Digital, Economics, Workload, Computer vision, Medicare, AI, CRV, Patent, Multimedia, Artificial intelligence, Intelligent document, IDP, Machine learning, Head, Workforce, Natural language, Job satisfaction, Natural language processing, Marketing, NLP, 1836 U.S. Patent Office fire, RPA, Liberty Mutual, Insurance, Pressure, Organization, Mobile phone, Online shopping, NYSE American

Also in July of this year, the U.S Patent Office awarded Roots Automation a new patent based on its unique, novel human-in-the-loop AI technology. This technology enables the company's Digital Coworkers to interact with human employees in real-time to raise and manage exceptions such as missing data, poor quality documents or a variety of other exceptions that commonly occur within automated processes. An alternative to robotic process automation (RPA) technology, which has fallen short of its promise to automate tasks in unstructured environments, Digital Coworkers ingest and analyze both structured and unstructured data to work seamlessly with a company's human workforce -- addressing a $100+ billion market opportunity to improve insurance operations through automation and AI.

Key Points: 
  • Demand for the company's Digital Coworkers that improve insurance operations has fueled Roots Automation's notable growth across several areas, including financial, product and staffing.
  • In November 2022, Roots Automation announced that it closed $10 million in a Series A funding round.
  • Also in July of this year, the U.S Patent Office awarded Roots Automation a new patent based on its unique, novel human-in-the-loop AI technology.
  • To learn more about how Roots Automation is improving claims management through Digital Coworkers, visit this link to register for an upcoming webinar.

Uptime.com Welcomes New Chief Product Officer

Retrieved on: 
Tuesday, November 8, 2022
GLOBE, BNP Paribas, Leadership, Site reliability engineering, Gettysburg College, IBM, VMware, Berkshire Hathaway, Palo Alto Networks, Running, Adolphe Franconi, SRE, Culture, Pennsylvania College of Technology, Software as a service, Network management, Berkshire Hathaway GUARD Insurance Companies, Kraft Foods, Growth, CEO, Apple, Industry, Microsoft, Management, Engineering

AUSTIN, Texas, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Uptime.com , the market leader in website monitoring and service monitoring, has named Jonathan Franconi as the company's new Chief Product Officer.

Key Points: 
  • AUSTIN, Texas, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Uptime.com , the market leader in website monitoring and service monitoring, has named Jonathan Franconi as the company's new Chief Product Officer.
  • "Uptime.com is honored to have Jonathan and his decade-plus worth of experience in SaaS and Engineering," said Michael Esposito, CEO at Uptime.com.
  • "Uptime.com has built a tremendous product, providing mission-critical monitoring services to businesses around the world.
  • I am thrilled to be joining the Uptime.com team and lead continued product advancement in this transformative platform and rapidly evolving industry.

Berkshire Hathaway GUARD Insurance Companies Sees Reduction in Accidents with Cars Equipped with Safe Drive Systems Active Driver Assistance System (ADAS)

Retrieved on: 
Wednesday, August 31, 2022
Automotive Manufacturing, Fleet Management, Manufacturing, Other Professional Services, Automotive, Other Technology, Insurance, Software, Venture Capital, Internet, Professional Services, Data Management, Technology, Mobile, Wireless, General Health, Health, Other Automotive, General Automotive, Performance & Special Interest, Technology, Berkshire Hathaway GUARD Insurance Companies, Getty, NTSB, Insurance, SDS, National Transportation Safety Board, Australian Transport Safety Bureau, Multimedia, ADAS, Quattro (four-wheel-drive system), Berkshire Hathaway, Radar, AWACS, Car rental, Road, Rail transport, Accident

Safe Drive Systems (SDS), the leading developer and distributor of advanced auto safety technologies, has announced the results of a three-year pilot project conducted by Berkshire Hathaway GUARD Insurance Companies .

Key Points: 
  • Safe Drive Systems (SDS), the leading developer and distributor of advanced auto safety technologies, has announced the results of a three-year pilot project conducted by Berkshire Hathaway GUARD Insurance Companies .
  • View the full release here: https://www.businesswire.com/news/home/20220830005772/en/
    Berkshire Hathaway GUARD Insurance Companies Sees Reduction in Accidents with Cars Equipped with Safe Drive Systems Active Driver Assistance System (ADAS).
  • (Photo: Getty)
    SDSs Active Driver Assistance System, supplemented with SDS Telematics unit, were tested to evaluate whether they reduce the frequency and severity of accidents.
  • Berkshire Hathaway GUARD Insurance Companies is a property and casualty insurance specialist writing $2 billion in premium nationwide.

AM Best Affirms Credit Ratings of Berkshire Hathaway GUARD Insurance Companies’ Members

Retrieved on: 
Wednesday, June 22, 2022
Professional Services, Insurance, Finance, Storm, Berkshire, Credit, Investor, Industry, BRK, Berkshire Hathaway, Berkshire Hathaway GUARD Insurance Companies, ALL, Superior, Guard, Insurance, Pressure, AM, February 13–17, 2021 North American winter storm, Hurricane Ida, News, Wilkes-Barre, Pennsylvania, Risk management, NICO, National Indemnity Company, AM Best, NYSE, Bank

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of aa- (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of aa- (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement.
  • These companies are members of Berkshire Hathaway GUARD Insurance Companies (GUARD) and are domiciled in Wilkes-Barre, PA, unless otherwise specified.
  • 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 Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Berkshire Hathaway GUARD Insurance Companies Expands Connectivity with Ivans for Workers’ Compensation Business

Retrieved on: 
Thursday, June 16, 2022
Berkshire Hathaway GUARD Insurance Companies, Data collection, Appetite, Industry, Senior, Insurance, Berkshire Hathaway, GLOBE, MGA, API, Technology, Ivan Seidenberg

UNIVERSITY PARK, Ill., June 16, 2022 (GLOBE NEWSWIRE) -- Ivans today announced that Berkshire Hathaway GUARD Insurance Companies has expanded its relationship to extend Workers Compensation lines connectivity via the Ivans Distribution Platform.

Key Points: 
  • UNIVERSITY PARK, Ill., June 16, 2022 (GLOBE NEWSWIRE) -- Ivans today announced that Berkshire Hathaway GUARD Insurance Companies has expanded its relationship to extend Workers Compensation lines connectivity via the Ivans Distribution Platform.
  • We are happy to work with Ivans on an API for Workers Compensation connecting to various agents for real-time quoting, said Dave Simmons, Senior Vice President of Sales at Berkshire Hathaway GUARD Insurance Companies.
  • Berkshire Hathaway GUARD Insurance Companies is a property and casualty insurance specialist writing $2 billion in premium nationwide.
  • To learn more about Berkshire Hathaway GUARD or to apply to be an agent visit https://www.guard.com .

CoverEase Helps Businesses Instantly Shop and Save on Business Insurance

Retrieved on: 
Tuesday, March 15, 2022
Insurance, Twitter, Markel Corporation, Intelligence, Technology, Kaiser Permanente, Traveler, Sale, Liberty Mutual, Instagram, Berkshire Hathaway GUARD Insurance Companies, UnitedHealth Group, CEO, LinkedIn, AmTrust Bank, Online shopping, Facebook

In 3 minutes businesses can shop the insurance marketplace to receive instant quotes from top-rated insurance companies.

Key Points: 
  • In 3 minutes businesses can shop the insurance marketplace to receive instant quotes from top-rated insurance companies.
  • "We're obsessed with delivering a best-in-class customer experience that makes it easy to shop and save on the insurance that businesses need.
  • About CoverEase: CoverEase is a digital insurance brokerage that simplifies the way business insurance is quoted and purchased across the United States.
  • CoverEase combines artificial intelligence and broker expertise to instantly quote, and purchase workers' compensation plus other business insurance coverages from top insurance companies.

Insurtech Briza Successfully Completes SOC 2® Type 2 Examination

Retrieved on: 
Friday, January 28, 2022
Information, AmTrust Bank, Insurance, SSF, Berkshire Hathaway GUARD Insurance Companies, Coterie, Liberty Mutual, CNA, Information security, Confidentiality, LLP, Interface, API, Markel Corporation, SOC, Hiscox

"The completion of our SOC 2 examination affirms Briza's commitment to the security and integrity of our platform," said Rakesh Taranath, Information Security Manager for Briza.

Key Points: 
  • "The completion of our SOC 2 examination affirms Briza's commitment to the security and integrity of our platform," said Rakesh Taranath, Information Security Manager for Briza.
  • Briza's SOC 2 Type II examination focused on its ongoing commitment to internal controls over data security and data confidentiality.
  • Briza offers a unified commercial insurance API that enables developers to incorporate instant commercial insurance procurement within a native user experience.
  • With Briza, carriers can more efficiently distribute their products, while agencies can quote, bind, and issue policies in seconds.