BHSI updates executive lines suite for private companies in Canada

Berkshire Hathaway Specialty Insurance (BHSI) has updated its executive products suite from private companies in Canada.

The updated offer introduces the improved responsibility of the directors and the officers, the trustee liability and the employment practices.

These additions complement the existing crime of the company and the difference in conditions, which are already available in all the provinces and territories of Canada.

The updated offer provides private personalizable coverage companies and limits of up to $ 25 million ($ 34.58 million C).

BHSI has confirmed that there are no specific restrictions on the industry and that the Suite addresses the risks exposed to the United States, while not imposing minimum premium requirements.

Andrew Knight, Bhsi Canada country manager and chief of executive and professional lines, said: “We are excited to complete our executive lines offers and further strengthen our collaborations with private companies throughout Canada.

“Our new private company Executive Lines Suite takes advantage of our BHSI strengths, including our subscription focused on the stability of the sight, says that it is our philosophy of the product and the safety of our financial force.”

Beside the product update, BHSI has named Shaun Lue as the new leader of the private company.

Lue was part of BHSI in 2021 as a senior subscriber in executive lines and was promoted to the role of Deputy Vice President in 2023.

With headquarters in Toronto, he has more than ten years of experience in the executive lines sector.

BHSI recently promoted Louise Kidd In the newly created Subscription Chief in Europe.

It will also continue in its existing position as a subscription officer of world financial lines.

“BHSI updates executive suite for private companies in Canada” was originally created and published Life Insurance Internationala brand of Globaldata property.

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