- BHSI Management Liability now available through the BizCover for Brokers online platform.
- Designed for SMEs with cover limits up to $5 million.
- Expands BizCover’s partnership with AA+ rated global insurer.
BizCover for Brokers (B4B), an Australian online SME broking platform, has expanded its Financial Lines offering with the addition of Management Liability insurance from Berkshire Hathaway Specialty Insurance Company (BHSI).
“Following the launch of BHSI Professional Indemnity, and Allied Health Combined Liability and Information Technology, we’re proud to continue expanding the partnership with the addition of BHSI Management Liability,” says Sharon Kenny, Head of Strategic Projects and Partnerships. “It gives brokers access to another high-quality product backed by one of the world’s strongest insurance groups.”
BHSI Management Liability cover is fully integrated into the B4B platform, enabling brokers to quote, compare, bind and manage policies in one place. It provides a comprehensive, multi-line solution designed to address key management liability exposures faced by SME clients.
Brokers will be able to offer BHSI Management Liability insurance to organisations within professional services, general services, health, education, hospitality, manufacturing and retail with an annual turnover up to $25 million and up to 200 staff. Eligible clients will have access to limits up to $5 million and additional extensions including crisis management, public relations and court attendance costs.
“Brokers need efficient access to quality products that can support a broad range of SME clients,” says Kenny. “Adding BHSI Management Liability helps strengthen the B4B Financial Lines offering while supporting a faster, more efficient placement experience.”
“At BHSI, we believe claims is our product,” says Matt Clarke, Head of Executive and Professional Lines at BHSI Australia. “Through the B4B platform, brokers can access Management Liability cover backed by BHSI’s global underwriting capability, financial strength and consistent claims service.”
Kenny says the addition also creates an opportunity for brokers to have more meaningful conversations with SME clients about evolving business risks.
“Management Liability is often associated with larger organisations, but SME clients can face many of the same exposures, including employment disputes, regulatory breaches and allegations of mismanagement,” she says. “With five insurers now available for Management Liability through B4B, brokers have greater choice when helping clients navigate increasingly complex business risks.”