The insurance arm of Warren Buffett’s global insurance and reinsurance company, Berkshire Hathaway Specialty Insurance Company (BHSI), has expanded its Executive & Professional Lines offerings in New Zealand.
Going forward, BHSI will introduce Management Liability and Association Liability Insurance policies in the country.
“BHSI’s new Management Liability and Association Liability policies reflect our commitment to providing broad coverage in simple, concise wordings to address the multifaceted management liability risks of today’s world,” said Cameron McLisky, Head of Executive and Professional Lines, Australasia.
“They also allow us to provide private company and non-profit organisations with sound solutions backed by BHSI’s financial strength and commitment to claims handling excellence.”
BHSI’s Management Liability policy aims address a range of claims that private companies can face, and can be customised to include Directors & Officers Liability, General Liability, Statutory Liability, Employers Liability, Employment Practices Liability and/or Fidelity Insurance.
The Association Liability policy, meanwhile, offers similar coverage options for non-profit organisations, with the addition of Professional Indemnity protection.