Berkshire Hathaway Specialty Insurance (BHSI) has launched a customised suite of Directors & Officers (D&O) Liability and Professional Indemnity policies for customers in Ireland.
BHSI’s new suite of coverages includes architects, engineers & consultants, professional indemnity and project-specific professional indemnity, design & construct liability and miscellaneous professional indemnity insurance.
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It widens BHSI’s capabilities in the country where it already provides primary solutions via its Executive First Directors & Officers Liability Insurance for commercial customers and Professional First Asset Management Liability and Financial Institutions Civil Liability for financial institutions.
BHSI head of executive & professional lines in Ireland Caoimhe Gormley said: “Companies in the Irish market face growing and evolving management and professional indemnity exposures at the same time they are navigating challenging and uncertain insurance market conditions.
“BHSI is pleased to provide companies across Ireland with a wide range of new Executive & Professional Lines options backed by the certainty of stellar financial strength, our long-view underwriting, and the excellent service that comes with our claims is our product philosophy.
BHSI said its Executive First & Professional First policies provide broad coverage in clear, concise wording, which can be customised able to meet individual risks.
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By GlobalDataLast week, BHSI unveiled energy and technical lines casualty insurance products in the UK.
Earlier this month, BHSI launched a full line of marine insurance products in France.
Its marine offering includes inland marine, ocean cargo, stock & transit, project cargo, freight forwarders liability, ports & terminals, and subsea insurance.
In October 2020, BHSI rolled out Directors & Officers (D&O) Liability and Professional Indemnity (PI) policy for customers in the UAE and throughout the Middle East.
Prior to that, it launched Defence Base Act (DBA) insurance globally and Environmental Impairment Liability (EIL) Insurance in France.
