BOSTON, March 2 (Bernama-BUSINESS WIRE) -- Berkshire Hathaway Specialty Insurance Company (BHSI) today introduced Professional FirstTM Asset Management Liability Insurance, which provides comprehensive and clearly worded professional liability, directors & officers liability, employment practices liability and crime coverage for mutual funds, alternative funds and asset managers in Asia.
"Volatile investment markets coupled with increased regulatory oversight and operational exposures have left asset managers throughout Asia more vulnerable to claims than ever,” said Marcus Portbury, Senior Vice President, Regional Head of Third Party Lines for BHSI in Asia. “Our Professional First Asset Management Liability Insurance provides the comprehensive coverage these professionals need in a highly customizable form, backed by the balance sheet and claims handling expertise of BHSI.”
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