Berkshire Hathaway Specialty Insurance (BHSI) has updated his work of Executive Products Products in Canada.
The updated offer introduced from improved administrators and managers, the responsibility of the administrators, the fiduciary responsibility and the coverage of responsibility for employment practices.
These additions complete the existing crime of the company and the difference in conditions insurance, which is already available in all provinces and territories in Canada.
The update offer offers private companies customizable coverage and limits of up to $ 25 million ($ 34.58 million).
The BHSI has confirmed that there are no specific industry restrictions, and the continuation meets the risks exposed to the United States while imposing any minimum premium requirement.
Andrew Knight, director of the country of BHSI Canada, said: “We are delighted to complete our executive line offers and further strengthen our partnerships with private companies across Canada.
“Our new company of private executive companies operating our BHSI forces – including our long -term stability subscription, affirmations are our product philosophy and the security of our financial force.”
In addition to updating the product, BHSI has named Shaun read as a new leader in private society.
LUE was part of the BHSI in 2021 as the main subscriber in executive lines and was promoted to the role of deputy vice-president in 2023.
Based in Toronto, he has more than ten years of experience in the executive lines sector.
BHSI recently Promoted Louise Kidd to the newly created role of the head of subscription in Europe.
She will also continue in her existing position as a global officer for subscribing financial lines.
“BHSI updates the follow -up of executive lines for private companies in Canada” was initially created and published by Life Insurance InternationalA brand belonging to GlobalData.
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