Business Chief April 2019

BERKSHIRE HATHAWAY GUARD INSURANCE COMPANIES
Competition may be rife in the insurance
sector but Berkshire Hathaway GUARD
Insurance Companies is proving it has
the right strategy for success
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P
erhaps no greater question faces companies
today than: ‘How do I scale my business?’
Nowadays, business headlines are inundated with
stories touting the best tips and tricks for growth but surely,
more than anything, it’s better to follow in the footsteps
of a company which has done it before? Insurers searching
for the best tried-and-tested methods to scale their
business need look no further than Berkshire Hathaway
GUARD Insurance Companies, a fast-growing trailblazer
in the US insurance market.
Preparing the foundations for growth
Since its founding in 1983, GUARD companies have gone
from strength to strength and today, now known as Berkshire
Hathaway Guard Insurance Companies, the business stands
as a prominent subsidiary of Berkshire Hathaway – underwriting
through its insurance companies: WestGUARD,
AmGUARD, EastGUARD, NorGUARD and AZGUARD.
The group provides commercial (and, most recently, personal
lines) insurance coverage and services to businesses of all types
in the US. In fact, in 2017, the group issued over 250,000
policies to businesses across the country. However, this
success wasn’t achieved because of luck or ‘just good
timing’: throughout its history Berkshire Hathaway GUARD
has worked hard to redefine and reshape its strategy,
APRIL 2019