Berkshire Expands in Company-Crime Insurance With New AIG Hire

Lock
This article is for subscribers only.

Berkshire Hathaway Inc.’s specialty insurance business, created last year to expand into new niches, is adding sales of coverage to protect employers against misdeeds by their staffs.

Brian O’Neill was hired from American International Group Inc. to lead the push into the fidelity and crime insurance market, the unit of Omaha, Nebraska-based Berkshire said today in a statementBloomberg Terminal. O’Neill will be based in New York.