Berkshire Hathaway Specialty Insurance (BHSI) announced that it has launched Professional First Technology Liability Insurance policies in Australia and New Zealand.
Both policies offer broad, customizable professional liability protection for the full scope of services provided by technology and tech-related firms, said the company in a statement.
With BHSI’s Professional First Technology Liability Insurance, customers choose any or all of three separate towers to secure professional indemnity, cyber and general liability covers. Limits and coverage can be structured to address the individual needs and preferences of a wide variety of tech firms, including those involved in software design and development, systems integration, technology consulting, telecommunications and IT training.
“BHSI is committed to simplicity and that is evident in these easy-to-navigate policy forms which are readily tailored to the individual needs and exposures of technology firms and backed by BHSI’s financial strength,” said Cameron McLisky, head of Executive & Professional Lines for Australasia at BHSI. “We take a partnership approach to this market, with our brokers and customers collaborating with our decision makers, from underwriting, to claims service.”
Topics Liability Tech New Markets Australia
Was this article valuable?
Here are more articles you may enjoy.
Insurers Hike Rates as Extreme Storms Like Beryl Proliferate 
Hurricane Beryl Triggers Record Payout for Caribbean Insurer 
Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC 
Elon Musk Beats $500 Million Severance Lawsuit by Fired Twitter Workers 
