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Berkshire Hathaway launches D&O, professional indemnity policies in Asia

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Berkshire Hathaway Specialty Insurance Co. said Sunday that it has launched Executive First Directors & Officers Liability and Professional First Professional Indemnity Insurance policies in Asia.

Executive First D&O Liability Insurance was created for commercial and financial firms and provides coverage for companies, directors, officers and executives facing securities litigation and regulatory investigations. Professional First Professional Indemnity Insurance provides protection for professional services firms, Berkshire Hathaway said in a statement.

Additionally, up to $100 million in capacity is available for these D&O and professional indemnity lines, according to the statement.

“Our new Executive First and Professional First policies provide clear and concise coverage that is in step with the evolving regulatory climate across Asia,” Scotland Walsh-Riddle, Vice President and Head of Executive & Professional Lines for BHSI, Hong Kong said in the statement.