Berkshire's BHSI launches D&O liability and PI in Middle East

Berkshire Hathaway Specialty Insurance (BHSI) has launched directors & officers (D&O) liability and professional indemnity (PI) policies in the UAE and throughout the Middle East.

The coverage will be provided on a direct insurance basis in the Dubai International Financial Centre (DIFC) or on a reinsurance basis elsewhere in the Middle East, to both publicly listed and private companies, traditional professions as well as miscellaneous professions and financial institutions.

BHSI stated that its policy is designed for the complex and evolving risks facing directors, officers and their companies, and can be customised to include specific business needs and exposures.

“Companies in the Middle East are increasingly concerned about management and professional liability exposures particularly in the challenging business environment created by the COVID-19 pandemic,” said Aisling Malone, head of executive & professional lines, Middle East BHSI.

“Our new policy forms enable customers and brokers to secure broad coverage that is backed by excellent financial strength and the deep claims expertise of BHSI.”