Berkshire Hathaway Specialty Insurance has entered the Spanish insurance market, opening an office in Madrid and naming Ignacio Almazan country manager.
In Spain, Berkshire Hathaway Specialty will first underwrite property, casualty, financial lines, construction and engineering insurance. Eventually, the insurer will expand its product lines and services in the country.
Almazan, formerly RSA Spain country manager, will lead Berkshire Hathaway Specialty's expansion efforts in the country.
Berkshire Hathaway Specialty trades under Berkshire Hathaway European Insurance DAC which is an affiliate of Berkshire Hathaway Specialty Insurance Co. and part of U.K.-based Berkshire Hathaway International Insurance Ltd.
