Berkshire Hathaway Specialty Insurance Co. said it is launching an inland and ocean marine insurance products unit in Canada and has named Gord Rider as senior marine underwriter.
Mr. Rider, who is based in Toronto, comes to Boston-based BHSI from Chubb Insurance Co. of Canada, where he was most recently senior marine underwriter, BHSI said Tuesday in a statement.
“We are pleased to welcome Gord to our team of marine specialists,” John Evans, vice president of marine for BHSI, said in the statement. “With Gord at the helm, BHSI in Canada has launched ocean marine products — including ocean cargo, stock throughput and project cargo insurance — as well as a full line of inland marine products.”
U.S.-based Berkshire Hathaway Inc. plans to begin Indian operations in the next two years, Money Control reports citing sources. The company, which is awaiting regulatory approvals, plans to operate in the reinsurance space via its subsidiary General Reinsurance Corp.