Berkshire Hathaway Specialty Insurance (BHSI) has introduced an update to their Private Company Executive Lines suite of products in Canada and named Shaun Lue as Private Company Leader. The new modular offering includes expansive Directors & Officers Liability, Fiduciary Liability and Employment Practices Liability coverage to complement the Crime and Side A Difference in Conditions (DIC) Insurance currently offered in all provinces and territories in Canada.
“We are excited to round out our Executive Lines offerings and further strengthen our partnerships with private companies throughout Canada,” said Andrew Knight, Country Manager and Head of Executive & Professional Lines, Canada, at BHSI. “Our new Private Company Executive Lines suite leverages our BHSI strengths – including our long-view stability-focused underwriting, CLAIMS IS OUR PRODUCT philosophy, and the security of our financial strength.”
The suite provides comprehensive and customizable Industry-leading coverage with limits up to $25 million for private companies. BHSI has a broad appetite for the segment, including US-exposed risks, no industry specific restrictions, and imposes no minimum premiums.
Shaun joined BHSI in 2021 as Senior Underwriter, Executive Lines, and was promoted to Assistant Vice President, Executive Lines in 2023. He has more than a decade of industry experience specializing in Executive Lines and is a Chartered Insurance Professional. Shaun is based in Toronto and can be reached at Shaun.Lue@bhspecialty.com.
In Canada, BHSI also provides a full range of Executive Lines coverages for public companies and financial institutions.
Berkshire Hathaway Specialty Insurance (www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance. The actual and final terms of coverage for all product lines may vary. In Canada it underwrites on the paper of National Liability & Fire Insurance Company, a part of Berkshire Hathaway's National Indemnity group of insurance companies, which hold financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's. Based in Boston, Berkshire Hathaway Specialty Insurance has offices in Atlanta, Boston, Chicago, Columbia, Dallas, Houston, Indianapolis, Irvine, Los Angeles, New York, Plymouth Meeting, San Francisco, San Ramon, Seattle, Stevens Point, Adelaide, Auckland, Barcelona, Brisbane, Brussels, Calgary, Cologne, Dubai, Dublin, Frankfurt, Hamburg, Hong Kong, Kuala Lumpur, London, Lyon, Macau, Madrid, Manchester, Melbourne, Milan, Munich, Paris, Perth, Singapore, Stockholm, Sydney, Toronto, and Zurich.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250429462611/en/
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