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QBE hires Berkshire executives for a new specialty business unit



QBE North America said on Friday that it has launched a specialty business unit for accidents and hired four former senior executives for Berkshire Hathaway Specialty Insurance Co. to lead the business.

Karen London has been named president, specialty victim; Mike Foley, chief underwriting officer; Morgan Wichmann, Head of Accident, Non-Construction; and Craig Freid, head of accident construction, said QBE.

The unit will provide adopted and non-accepted primary, leading umbrella and surplus liability.

QBE already writes some risks similar to special accident, but through various channels, including its program operations in North America and its Lloyd’s of London platform.

This unit will focus on distribution through a select group of brokers and target a wide range of business segments in a range of industries, a spokeswoman said in an email.

All four executives have previously been senior vice presidents at Berkshire Hathaway. Ms. London and Mr. Freid is based in New York, Mr. Foley is based in Boston and Wichmann in Charlotte, North Carolina.


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