Berkshire Hathaway Specialty Insurance Company (“BHSI”) has established a dedicated medical stop loss division and has appointed John Snyder to lead the effort. The company also named David Friedly as head of underwriting and Glenn Funk as actuary for medical stop loss.
“We are pleased to have the talent and experience of John, David, and Glenn fueling our move into medical stop loss and building out our team for this product line,” said Sanjay Godhwani, the executive vice president at BHSI. “Their deep expertise, coupled with BHSI's strong balance sheet, will allow buyers to make their medical stop loss choice with confidence.”
Mr. Snyder joined BHSI with nearly four decades of experience specializing in employer self-funded medical plans. During the course of his career, he served as a third party administrator, an employee benefits broker, and a managing general underwriter of stop loss business. He retired from AIG in 2013 after more than a decade as president and chief executive officer of Medical Excess, LLC.
Mr. Friedly has more than 40 years of life and health insurance experience with major commercial insurers and benefits organizations. His career has included leadership roles in operations, compliance, claims, and underwriting, with a focus on medical stop loss. He holds a bachelor's degree in political science from the University of Southern California.
Mr. Funk has more than 40 years of industry experience, most recently serving as vice president and actuary at AIG Benefits Solutions. Previously, he was executive vice president and chief actuary at Medical Excess, LLC, and served as chief actuary at American Health & Life Insurance Company, General Reassurance Corporation, and Anthem Insurance Companies. He is a Fellow of the Society of Actuaries. He holds a bachelor's degree in mathematics from Yale University and a master's degree in actuarial science from Northeastern University.
All three executives are based in BHSI's office in Irvine, California.
Learn more: www.bhspecialty.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].