Berkshire Hathaway Specialty Insurance (BHSI) today introduced Executive First TM, a directors & officers liability insurance policy designed to address the complex and volatile risks facing directors, officers and their companies. Targeted for large commercial and financial organizations, Executive First matches industry-leading coverage features with a veteran underwriting and claim team dedicated to best in class service.

"Executive First is a clear and concise solution for sophisticated D&O risks. Our underwriting and claim professionals built the form from the ground up to address what matters to policyholders. Along with broad coverage, policyholders and brokers can expect a creative, flexible approach to both unique exposures and claims," said Dan Fortin, SVP, Executive & Professional Lines, BHSI.

Executive First provides a broad scope of directors & officers liability coverage, including expanded protection for individual members of the board and management team in the event the company is insolvent or otherwise unable to indemnify them in connection with a claim. The form comprehensively addresses critical areas of exposure, including securities class actions, shareholder derivative actions and government investigations. Up to $100 million in capacity is available, currently on a non-admitted basis. An admitted policy form will be available later in the year.

"Our form was developed by a team with substantial experience in the D&O market, and we think that shows," said Todd Greeley, Vice President, Executive & Professional Lines Claims, BHSI. "Most importantly, we marry this coverage with exceptional service provided by proven underwriting and claim professionals. We are one team with a singular focus: putting our experience fully to work for Executive First policyholders."

Berkshire Hathaway Specialty Insurance (www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines insurance and programs for customers across the U.S. It underwrites on the paper of Berkshire Hathaway's National Indemnity group of 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 regional underwriting offices in Atlanta, Chicago, Los Angeles and New York. For more information on Executive First, contact Dan Fortin at dan.fortin@bhspecialty.com or 312.702.2805.

For Berkshire Hathaway Specialty Insurance
Camille MacIsaac, 617-936-2916