Berkshire Hathaway Specialty Insurance Adds Primary Casualty Construction Capabilities

January 10, 2014

Boston-based Berkshire Hathaway Specialty Insurance (BHSI) announced that it is expanding its construction casualty capabilities to include primary casualty insurance. The company now offers primary general liability, excess and umbrella coverage for wrap-ups, project-specific and practice policies.

“Our new primary general liability capabilities round out our casualty offerings for the construction industry. Customers can count on us for excellent speed to market and flexibility in providing the casualty solution they need, whether it be primary casualty for a wrap-up, high excess limits for a practice policy — or anything in between,” said Bill Sullivan, vice president, Construction, BHSI, adding that the company’s broad appetite spans construction risks of all sizes across diverse classes. Recently underwritten accounts range from new bridge, high speed rail and stadium projects, to a rolling wrap-up for a general contractor and a practice policy for a pipeline contractor.

BHSI’s new primary casualty offering is available with self insured retentions as low as $15,000 and a suite of endorsements that accommodate wide-ranging individual needs. Like its excess coverage, BHSI’s primary casualty insurance can be customized for wrap-ups, projects and practices, and is accessible through local underwriters nationwide.

“Our claims team and panel of defense attorneys understand the unique circumstances that arise in construction cases and partner with clients, deploying innovative strategies to achieve the best possible resolution of claims,” said Robert Romeo, vice president, Healthcare and Construction Claims, BHSI. “Our agile organizational structure and strong balance sheet ensures that claim decisions are made quickly — and customers have direct access to the decision-makers.”

 

Source: Berkshire Hathaway Specialty Insurance

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