Berkshire Hathaway Specialty Insurance Introduces Professional First Venture Capital Liability Policy in Australia

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Postmedia has not reviewed the content. by Business Wire Berkshire Hathaway Specialty Insurance Introduces Professional First Venture Capital Liability Policy in AustraliaAuthor of the article:BOSTON & SYDNEY, Australia — Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has introduced its Professional First Venture Capital Liability Insurance Policy in Australia, offering tailored coverage for venture capital managers and funds.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an Account“Australia’s venture capital sector continues to mature, and the risks facing fund managers are evolving along with it,” said Andrew Boosey, Manager, Financial Institutions, Executive & Professional Lines, BHSI Australia. “We are pleased to bring this innovative solution to Australia to support VC managers as they navigate an increasingly complex risk landscape.”BHSI’s Professional First Venture Capital Liability policy provides broad, customisable protection backed by BHSI’s financial strength and Claims Is Our Product philosophy.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe policy provides coverage for professional services performed by VC firms, as well as protection for directors and officers for claims arising from wrongful acts in the management of a company or fund.The policy also includes reinstatement of Side A coverage, lifetime run-off cover for retired directors and officers, and comprehensive crime coverage.Additional coverage highlights include: automatic cover for new funds, mitigation cover, cover for costs of correcting accidental errors in a fund’s net asset value calculation, optional entity investigations cover, and outside director cover for insured persons serving as representatives on the boards of portfolio companies.BHSI is a leading market for investment managers in Australia. This launch further extends BHSI’s expertise in the sector and its commitment to providing tailored support for venture capital funds. To learn more, contact andrew.boosey@bhspecialty.com.Berkshire Hathaway Specialty Insurance Company (incorporated in Nebraska, USA) ABN 84 600 643 034, AFS License No. 466713 ( www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident & health, and multinational insurance. The actual and final terms of coverage for all product lines may vary. Berkshire Hathaway Specialty Insurance Company holds 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, Boston, Chicago, Columbia, Dallas, Houston, Indianapolis, Irvine, Los Angeles, New York, Plymouth Meeting, San Francisco, San Ramon, Seattle, Stevens Point, Adelaide, Auckland, Barcelona, Brisbane, Brussels, Calgary, Cologne, Dubai, Dublin, Frankfurt, Hamburg, Hong Kong, Kuala Lumpur, London, Lyon, Macau, Madrid, Manchester, Melbourne, Milan, Munich, Paris, Perth, Singapore, Stockholm, Sydney, Toronto, and Zurich.View source version on businesswire.com: MEDIA CONTACT JoAnn Lee / +1 617.936.2937This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.