Berkshire Hathaway Specialty Insurance (BHSI) has introduced four new executive and professional lines products in Australia, in a bid to provide better services for its customers.
The firm’s new policies include executive first directors and officers liability insurance and professional first financial planners professional indemnity insurance.
Other launched products comprise of professional first asset manager liability insurance and professional first civil liability insurance.
The company has also appointed Sami Jaghbir as senior underwriting manager for executive and professional lines unit in Brisbane, as well as Richard Johnson as senior underwriting manager for executive and professional lines unit in Melbourne.
BHSI Australasia executive and professional lines head Cameron McLisky said: "We are pleased to introduce the first of our primary executive and professional lines policies in Australia, while rounding out our geographic footprint with experienced underwriting professionals now in Sydney, Melbourne and Brisbane.
"Our executive and professional lines team looks forward to providing tailored D&O, Financial Institutions and Professional Indemnity solutions with the security of our financial strength and long term commitment to the Australian marketplace."
In April last year, BHSI received insurance license to provide all lines of general products in Australia.
The license allowed the firm to offer property, casualty, financial lines and marine cargo insurance in the country.
BHSI provides commercial property, casualty, healthcare professional liability, executive and professional lines, surety, travel, programs, and homeowners insurance services to its customers.
Image: BHSI has launched four new executive and professional lines policies in Australia. Photo: courtesy of Stuart Miles/ FreeDigitalPhotos.net.