Berkshire Hathaway Specialty Insurance (BHSI) on Monday announced the appointment of Marcus Portbury as regional president, Asia Middle East (AME), subject to regulatory approval. He succeeds Marc Breuil, who is retiring from BHSI and the insurance industry.
In addition to his regional president role, Portbury will also serve as the business’s chief executive of its Hong Kong branch.
Hong Kong-based Portbury first joined BHSI in 2014 and has been serving as regional head of third-party lines for Asia. He brings more than three decades of insurance industry experience, including over 20 years in senior leadership roles in the region, over eight years at AIG, and five years at Liberty Insurance.
“Marcus has played a pivotal role in growing our business across Asia and the Middle East since our launch in the region,” said Peter Eastwood, president and CEO of BHSI. “I look forward to continuing our work together, building on our strong relationships and customer-first philosophy.”
Eastwood also thanked Breuil, who has been with BHSI since 2014, for his service.
“Under his leadership, BHSI has established a strong, stable portfolio and built a stellar team in Asia and the Middle East. Marc has had an accomplished career in the global insurance industry. I am proud to call him a colleague and friend and wish him all the best in his retirement,” Eastwood said.
