The 12 closest competitors and alternatives to Berkshire Hathaway among conglomerate, insurance, finance companies — ranked by similarity to what Berkshire Hathaway actually does, not by market-cap band.
Subscribe to see Berkshire Hathaway’s full profile → the full roster, investors in every round, weekly hiring history and every corporate event
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. It owns and invests in a diverse range of businesses across various sectors, including insurance, utilities, energy, transportation, manufacturing, and retail, and is known for its long-term investment strategy.
Berkshire Hathaway is a conglomerate, insurance, finance company headquartered in Omaha, United States. It is publicly listed (BRK-A) with a market capitalisation of $1.1T. Xcout tracks 2 named people at Berkshire Hathaway, including Bill Gates (Owner).
Ranked by semantic similarity — how close each company is to Berkshire Hathaway by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Insurance
National Indemnity Company is a Berkshire Hathaway insurance subsidiary headquartered in Omaha, Nebraska. It provides commercial insurance and reinsurance, including specialty and excess-and-surplus lines, serving businesses and other insurers rather than primarily individual consumers.
Insurance & Reinsurance
Alleghany Corporation, a subsidiary of Berkshire Hathaway, owns and supports property and casualty reinsurance and insurance operating subsidiaries.
Insurance
Mutual of Omaha Insurance Company is an American Fortune 500 mutual insurance and financial services company based in Omaha, Nebraska. Founded in 1909, as Mutual Benefit Health & Accident Association, Mutual of Omaha is a financial organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States.
Insurance
Markel Corporation operates as a multifaceted financial conglomerate, engaging in the marketing and underwriting of specialized insurance offerings across numerous global regions. Its operational footprint spans the United States, Bermuda, the United Kingdom, continental Europe, Canada, the Asia Pacific, and the Middle East. Within its Insurance segment, the company delivers a broad spectrum of protection. This includes general and professional liability coverage, personal lines, marine and energy policies, bespoke specialty programs, and workers' compensation. Furthermore, it provides property insurance encompassing fire, allied perils, and other tailored property coverages, notably safeguarding against catastrophe-exposed risks such as earthquakes and severe wind events. This segment also extends to credit and surety offerings, alongside collateral protection insurance. The Reinsurance division focuses on sophisticated risk transfer solutions. It offers reinsurance for transactional exposures, healthcare liabilities, and environmental impairment. Additionally, it specializes in treaty reinsurance products, which comprise structured and whole turnover credit, political risk, mortgage and contract, and commercial surety programs. Through its Markel Ventures segment, the corporation engages in a wide array of non-insurance businesses. This segment manufactures and supplies equipment for baking systems and food processing, portable dredges, and over-the-road vehicle transporters and other specialized transportation equipment. Its product portfolio also features laminated oak and composite wood flooring, tube and tank trailers, ornamental plants, residential homes, fashionable handbags, and various architectural products. Beyond goods, Markel Ventures extends consulting and diverse services to both businesses and consumers, including the distribution of exterior building products, crane rental, comprehensive fire protection and life safety services, management and technology consulting, and retail intelligence solutions. Finally, the Other segment encompasses healthcare, leasing, and investment services. It functions as an asset manager for insurance and investment funds, making available a suite of investment products such as insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives. This segment also provides program services and actively co-manages funds with external partners. Established in 1930, Markel Corporation maintains its corporate headquarters in Glen Allen, Virginia.
Insurance - Property & Casualty
Loews Corporation functions as a diversified holding company, with significant business segments spanning insurance, energy infrastructure, hospitality, and manufacturing. Its insurance division delivers commercial property and casualty coverage to clients both within the United States and internationally. This segment offers a comprehensive array of products, including specialized options such as professional and management liability, along with surety and fidelity bonds. Property insurance solutions encompass general property, marine risks, and boiler and machinery protection. For casualty needs, Loews provides workers' compensation, general and product liability, and commercial automobile and umbrella policies. Additionally, the company furnishes supplementary services like loss-sensitive insurance programs, warranty services, risk management consulting, information resources, and claims administration. These insurance offerings are distributed through a network of independent agents, brokers, and managing general underwriters. In the energy sector, the company is actively involved in the transportation and storage of natural gas, natural gas liquids (NGLs), and various other hydrocarbons. Its robust infrastructure includes approximately 13,615 miles of interconnected natural gas pipelines and 450 miles of NGL pipelines, primarily situated in Louisiana and Texas. Storage capabilities consist of 14 underground fields, boasting a total capacity of around 213 billion cubic feet of natural gas, alongside eleven salt dome caverns and related brine systems designed for brine supply services. Further diversifying its operations, Loews also owns and manages a chain of 26 hotels. Moreover, the corporation maintains a strong presence in plastics manufacturing. Here, it designs, produces, and markets a variety of extrusion blow-molded and injection-molded plastic containers. These products cater to diverse customer bases in industries such as pharmaceuticals, dairy, household chemicals, food and nutraceuticals, industrial and specialty chemicals, and the water/beverage/juice sectors. The company also produces both standard and specialized plastic resins, often derived from recycled materials. Loews Corporation was founded in 1969 and its corporate headquarters are located in New York, New York.
Insurance
AIG, or American International Group, Inc., is a global insurance organization headquartered in New York, New York, United States. It provides a diverse range of insurance and other financial services to clients worldwide.
Insurance
Applied Underwriters is a global risk services firm and provider of business insurance solutions designed to help governments and companies manage uncertainty. Headquartered in Omaha, Nebraska, the company employs between 1,001 and 5,000 people.
Insurance
White Mountains Insurance Group is a diversified insurance and related financial services holding company based in Hamilton, Bermuda. Redomiciled from Delaware, United States, on October 25, 1999, the company conducts most of its business through its insurance subsidiaries and other affiliates.
Insurance
American Wholesale Insurance Holding Company, LLC is a Delaware company whose headquarters are located in Charlotte, North Carolina.
Insurance
W. R. Berkley Corporation functions as an insurance holding company, primarily underwriting commercial policies across the United States and globally. Its extensive operations are divided into two principal divisions: Insurance, and Reinsurance & Monoline Excess. The Insurance segment delivers a wide spectrum of commercial insurance solutions. This includes foundational coverages such as general liability, property, commercial auto, and professional liability, alongside specialized offerings like workers' compensation, environmental policies for diverse businesses, directors and officers (D&O) liability, cyber risk protection, and niche policies for fine arts and jewelry. The segment also extends to personal lines, providing home and automobile insurance, and specialized liability products for sectors such as law enforcement and public officials. Additionally, it offers accident and health insurance, group life, and crime and fidelity products, coupled with risk management and alternative risk program services. The Reinsurance & Monoline Excess segment focuses on assisting other insurance carriers and self-insured entities in effectively managing their overall risk exposure. This is accomplished through both treaty reinsurance, which handles portfolios of policies, and facultative reinsurance, designed for individual risks. Founded in 1967, W. R. Berkley Corporation is headquartered in Greenwich, Connecticut.
Insurance
American Financial Group, Inc. (AFG) operates as an insurance holding company, specializing in providing a broad array of property and casualty insurance solutions across the United States. Its comprehensive product portfolio encompasses various lines of business, including property and transportation coverage, which offers protection for physical damage and liability concerning vehicles like buses and trucks, along with inland and ocean marine policies, agricultural-related products, and other commercial property and niche transportation insurance types. The company's specialty casualty segment delivers products such as excess and surplus lines, executive and professional liability, general liability, and umbrella and excess liability policies. It also develops customized programs for small to mid-sized enterprises and provides workers' compensation coverage. Furthermore, AFG extends specialty financial insurance products, including risk management solutions tailored for lending and leasing institutions, fidelity and surety bonds, and trade credit insurance. Distribution of these property and casualty policies is primarily conducted through a network of independent insurance agents and brokers. Established in 1872, American Financial Group, Inc. maintains its corporate headquarters in Cincinnati, Ohio.
Insurance
Brown & Brown Insurance operates as an insurance and risk management brokerage that provides a wide range of property and casualty insurance, employee benefits, retirement and wealth solutions, and specialized risk consulting services. The company serves businesses across diverse industries, public sector organizations, and private clients with personal lines insurance needs.
Search any company we track to see its competitive set.
Paste a short paragraph describing a company or product — we'll find the most similar companies we track, scored 1–100.
Funding, investors, tech stack, hiring signals, leadership and corporate events — for Berkshire Hathawayand every competitor above — in one live dashboard.
Subscribe to Xcout Intel →