Berkshire Hathaway Specialty launches inland marine cover

Berkshire Hathaway Specialty Insurance has launched a full line of inland marine insurance products in the United States.

Berkshire Hathaway’s line of inland marine insurance products is aimed at upper middle to middle market customers and is underwritten using American Association of Insurance Services policy wordings, a Berkshire Hathaway spokesman said Wednesday.

The line includes builder’s risks, contractor’s equipment, installation floaters, inland transit, motor truck cargo, warehouse legal liability and miscellaneous floaters, Berkshire Hathaway said Monday in a statement.

The working limit is up to $25 million, according to the Berkshire Hathaway spokesman.

“With our comprehensive suite of products and in-house expertise, we are well-positioned for the opportunities of the marine space and look forward to providing market-leading service and solutions to our customers and distribution partners” John Evans, vice president of marine for BHSI, said in the statement.