Berkshire Hathaway Specialty Insurance Launches Professional First™ Professional Liability and Network Security & Privacy Policy in Canada, Names Geoffrey Kendrick Head of Professional Lines

Business Wire

BOSTON--(BUSINESS WIRE)-- Berkshire Hathaway Specialty Insurance (BHSI) today introduced its Professional First Professional Liability and Network Security & Privacy Policy and announced that it has appointed Geoffrey Kendrick as Head of Professional Lines in Canada.

“We are pleased to round out our Executive & Professional Lines products with comprehensive professional liability coverage for large, complex technology-related risks,” said Michael Densham, Head of Executive & Professional Lines, BHSI, Canada. “We are also excited to have Geoff leading our efforts in the Professional Lines marketplace. His extensive experience will serve BHSI and our customers well.”

BHSI’s new Professional First Professional Liability and Network Security & Privacy Policy is designed to address the needs of a wide range of enterprises, from systems integrators, to telecommunications providers, to IT staffing firms. The policy provides coverage for numerous exposures, encompassing: (i) third party exposures resulting from security and privacy breaches, including regulatory investigations, fines and penalties; (ii) a wide range of direct expenses an insured incurs in responding to a breach or extortion threat; (iii) media liability exposures; and (iv) lost income and related expenses resulting from interruption of the insured’s business due to a network security failure. The new form was purposefully drafted with clear, concise language, and builds in as standard many coverages traditionally available only by endorsement.

Geoffrey Kendrick joins BHSI after 11 years at Zurich Financial Services, Global Corporate. At Zurich, he held various underwriting roles of increasing responsibility focusing on professional indemnity and product safety & recall business in offices around the globe. Developing international insurance solutions for large, multinational risks, while addressing the complex and ever changing business, legal and compliance environment is his specialty. Geoffrey holds a Bachelor of Arts degree from The University of Western Ontario, King’s College.

He is based in BHSI’s office in Toronto.

Last year, BHSI marked its initial entry into Professional Lines in Canada with the launch of Professional First Miscellaneous Professional Liability Insurance, geared for large commercial entities, from consultants to property managers.

Berkshire Hathaway Specialty Insurance (www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines, surety, travel, programs, medical stop loss, and homeowners 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, Asheville, Boston, Chicago, Houston, Irvine, Los Angeles, New York, San Francisco, San Ramon, Seattle, Stevens Point, Auckland, Brisbane, Düsseldorf, Hong Kong, Kuala Lumpur, Macau, Melbourne, Singapore, Sydney and Toronto. For more information, contact [email protected].