Berkshire Hathaway's BHSI begins writing management liability in New Zealand

Berkshire Hathaway Specialty Insurance Company (BHSI), a wholly owned subsidiary of Warren Buffett's Berkshire Hathaway, has expanded its executive & professional lines offerings in New Zealand.

The company has introduced management liability and association liability insurance policies, designed to address the wide range of claims private companies can face.

Brokers and insureds will be able to customise coverage to include directors & officers liability, general liability, statutory liability, employers liability, employment practices liability and/or fidelity insurance.

“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,” he added.