Berkshire Hathaway Specialty Insurance (BHSI), a division of Berkshire Hathaway, announced the launch of two new first directors and officers (D&O) liability insurance policies in Switzerland.
The new policy is designed separately for commercial and industrial organizations, financial institutions and investment management companies.
These major D&O products underscore BHSI’s commitment to providing direct, adaptable insurance supported by clear and transparent policy wording. Each policy is structured to meet the specific requirements of the sector it targets.
They can also form part of a multinational insurance program, with master policies issued in Switzerland and locally recognized policies available in more than 178 countries.
In addition to Executive First D&O liability insurance, BHSI continues to expand its presence in Switzerland. Its capabilities currently include customized property damage and business interruption insurance, casualty insurance and multinational insurance solutions.
“Swiss organizations and their leaders face an increasingly complex risk environment,” commented Christoph Kammermann, Head of the Administrative and Professional Division at BHSI Switzerland. “With our new Executive Preferred D&O policy, we are providing clear, up-to-date coverage specifically built for today’s D&O liability risks and backed by BHSI’s financial strength and security of claims, which is our product philosophy.”
“The launch of these products marks another important milestone in building a sustainable long-term business in Switzerland,” added Franco Masciovecchio, BHSI’s Country Manager for Switzerland. “We continue to invest in building our talented team, expanding our product lines and building strong and lasting business relationships with brokers and clients across the country.”
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