The insurance arm of Warren Buffett’s global insurance and reinsurance company, Berkshire Hathaway Specialty Insurance Company (BHSI), has introduced two new policies for UK financial institutions.
Namely, these are Professional First Financial Institutions Civil Liability Insurance, and Executive First Financial Institutions D&O Liability Insurance.
Both policies offer broad coverage for liability exposures faced by large financial institutions.
In addition, BHSI has built each policy to include coverage to support crisis management and offer expansive coverage for investigations.
“Executives and professionals across Europe face significant liability exposures, and a volatile market for coverage,” said Thomas Dilley, Head of Financial Institutions, BHSI, UK & Ireland.
“BHSI is pleased to provide UK financial institutions with the certainty of broad, clearly-written coverage, backed by the financial strength, stability and claims service of BHSI,” he added.
