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Berkshire expands in company-crime insurance with new AIG hire

Berkshire Hathaway hired AIG's Brian ONeill to lead the company's push into the fidelity and crime insurance market.

By Laura Davison, Bloomberg | Updated on September 24, 2014

(Bloomberg) — 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 statement. O’Neill will be based in New York.

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