What Does Fiduciary Liability Insurance from Berkshire Hathaway Specialty Insurance Cover?
Berkshire Hathaway Specialty Insurance offers fiduciary liability insurance to large commercial and financial firms, including full settlor coverage and coverage for fines and penalties.
Fiduciary Liability in Executive First Private Company Portfolio · Updated
Berkshire Hathaway Specialty Insurance’s Role in Fiduciary Liability
BHSI lists fiduciary liability as a component of its Executive First Private Company Portfolio comprehensive form with D&O, EPL, Commercial Crime and employed-lawyer insurance. 1
Company-reported.This is a marketed portfolio component; the source does not say every line is required or that limits are shared.
Who Is Berkshire Hathaway Specialty Insurance Fiduciary Liability For?
The portfolio targets private companies with at least $10 million in revenue and names construction, manufacturing, wholesale, retail, service, technology and transportation sectors. 1
Company-reported.These are portfolio target-account statements, not guaranteed fiduciary eligibility.
BHSI identifies large commercial and financial firms with complex risk-transfer needs as targets for this fiduciary policy. 2
Company-reported.A target segment does not guarantee eligibility for an applicant or plan.
Berkshire Hathaway Specialty Insurance Fiduciary Liability Coverage Features
BHSI names fiduciary liability as one component of the Executive First Private Company Portfolio. 1
Company-reported.The source does not describe the fiduciary insuring agreement, covered plans or insured parties.
BHSI’s Executive First Fiduciary Liability Policy page lists full settlor coverage, Affordable Care Act gap coverage, and coverage for fines and penalties; it says specialized defense counsel is recommended but not required. 2
Company-reported.These are company-described product highlights. Applicable law, policy wording, conditions and exclusions govern a given plan or claim.
Berkshire Hathaway Specialty Insurance Fiduciary Liability Limits and Retentions
BHSI advertises shared or separate limits up to $50 million for the portfolio. 1
Company-reported.The source does not give a fiduciary-specific limit or explain allocation among components.
Berkshire Hathaway Specialty Insurance vs Other Fiduciary Liability Providers
Other Coverage Lines From Berkshire Hathaway Specialty Insurance
Sources for Berkshire Hathaway Specialty Insurance Fiduciary Liability
- Executive First Private Company Portfolio. Berkshire Hathaway Specialty Insurance; Product Highlights, lines 11–15: D&O, EPL, fiduciary, Commercial Crime and Employed Lawyers in one comprehensive form; shared or separate limits up to $50 million; EPL First HR resources and attorney helpline. Top Targets, lines 16–25: private companies with at least $10 million revenue and listed industries. Reopened 2026-09-30. Accessed 2026-09-30.
- Executive First Fiduciary Liability Policy. Berkshire Hathaway Specialty Insurance; Product Highlights: full settlor coverage, ACA gap coverage, recommended-not-mandatory specialized defense counsel, and fines/penalties; Top Targets: large commercial and financial firms (lines 6–20). Reopened 2026-09-30. Accessed 2026-09-30.