Kemah Capital Announces Underwriting Agreement with Members of the Berkshire Hathaway Group of Insurance Companies
Kemah Capital, a Specialty Lines Managing General Agency, is proud to announce that it has entered into an underwriting agency contract with National Indemnity Company and National Fire and Marine Insurance Company, member companies of the Berkshire Hathaway Group of insurance companies.
Under the terms of the contract, Kemah Capital is authorized to write a varied portfolio on behalf of National Fire and Marine Insurance Company and National Indemnity Company, as applicable. Kemah's initial focus will be USA E&S Property Insurance, Facultative Reinsurance in the USA, Latin America, the Caribbean and Africa, as well as a modest Specialty Marine book. During the coming months, the focus will broaden into other lines of business including Energy and Sports, Leisure & Entertainment.
Commenting on the announcement, Dom Tobey, Chairman and Chief Executive Officer of Kemah Capital said “We are thrilled to be entering into this relationship with such an outstanding leading global risk carrier and we look forward to the superior levels of security this will enable us to deliver to our clients.”
This expansion of business will complement the portfolio of African Treaty Reinsurance business which Kemah Capital currently underwrites on behalf of StarStone Insurance SE.
Kemah will be open for Direct & Facultative business with immediate effect for risks attaching on or after 1st October 2017.