BOSTON--(BUSINESS WIRE)--
Berkshire Hathaway Specialty Insurance (BHSI) today announced the
introduction of Professional First™ Architects & Engineers (A&E)
Professional Liability Insurance in the U.S.
“Our new Professional First™ A&E Professional Liability policy responds
to a variety of exposures facing the design community, including cyber
and LEED certification exposures, and it rewards our customers for
strong risk management practices,” said Joe Schrancz, Vice President,
Head of A&E Professional Liability, BHSI. “Along with contemporary
worldwide coverage, design professionals gain the peace of mind that
comes with our experienced A&E claims team that is committed to
optimizing coverage for our customers.”
The new policy’s cyber coverage addresses media, technology and network
security and privacy liability exposures, including the design
professional’s own costs to respond to a data breach or network
extortion threat. BHSI customers also have access to a network of
experts to assist them in responding to a data breach or extortion
threat, and can take advantage of risk management services, including
contract reviews, newsletters and best practices webinars.
“Our industry experience and proactive approach to pre-claims, claims,
risk management and loss prevention allow us to foster collaborative
relationships with our policyholders and drive positive claim outcomes,”
said Kevin McGrath, Vice President of A&E Claims, BHSI.
Limits up to $25 million are available, backed by BHSI’s financial
strength. Coverage can be underwritten on an admitted or non-admitted
basis.
A&E Professional Liability Insurance is part of BHSI’s Professional
First™ suite of products, which also includes Asset Management Liability
Insurance, Insurance Company Professional Liability Insurance, Network
Security & Privacy Liability Insurance, Bankers Professional Liability
Insurance, and Miscellaneous Professional Liability Insurance. All of
the products in the Professional First suite are designed to provide
clear, current coverage, customized for professional services firms and
financial institutions.
For more information, contact Joe.Schrancz@bhspecialty.com
or 917.830.2322.
Berkshire Hathaway Specialty Insurance (www.bhspecialty.com)
provides commercial property, casualty, healthcare professional
liability, executive and professional lines, surety, travel, programs,
medical stop loss and homeowners insurance. The actual and final terms
of coverage for all product lines may vary. It underwrites on the
paper of Berkshire Hathaway's National Indemnity group of insurance
companies, which hold financial strength ratings of A++ from AM Best and
AA+ from Standard & Poor's. Based in Boston, Berkshire Hathaway
Specialty Insurance has offices in Atlanta, Boston, Chicago, Fort
Lauderdale, Houston, Irvine, Los Angeles, New York, San Francisco, San
Ramon, Seattle, Stevens Point, Auckland, Brisbane, Hong Kong, Melbourne,
Singapore, Sydney and Toronto.
For more information, contact info@bhspecialty.com.
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