Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of miscellaneous Professional Indemnity and Public Offering of Securities Insurance in Italy.
These new policies follow the launch of BHSI’s proprietary Directors & Officers Liability Insurance in December of 2024.
“Launching our proprietary policy wordings in Italy is indicative of our commitment to leading domestic and international insurance programs for our customers,” said Marco Vantellino, head of Executive and Professional, BHSI Italy, in a statement. “Each of these new policies embody BHSI’s simple, clearly understood policy wordings approach, delivering contract certainty along with coverage flexible for our customers.”
BHSI said it underwrites on a net capacity basis without accessing the reinsurance markets, which vests the company with flexibility in designing coverage, and facilitates responsive local decision-making from underwriting through claims.
“The introduction of these policies is an important step in our steady expansion in Italy. We look forward to continuing to grow, hiring talented professionals, launching new products, entering new segments, and expanding our geographical presence throughout Italy,” said Leonardo Castrichino, country manager for BHSI in Italy.
The new policies are available immediately in Italy. For more information, contact marco.vantellino@bhspecialty.com.
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