What Are the Key Differences Between Alliance Risk and Berkshire Hathaway Specialty Insurance Crime Insurance?
Crime Perils and Portfolio Design
Alliance Risk lists employee theft, forgery, fraudulent transfers, social engineering and burglary, with client-property theft by endorsement. Berkshire Hathaway Specialty Insurance includes Commercial Crime in Executive First alongside D&O, EPL, fiduciary and employed-lawyer coverage. For a buyer, one description is a crime-focused placement; the other makes crime one part of a combined management-liability structure. [2] [3]
Eligibility, Limits, and Access
Alliance Risk says crime placements exclude business-income loss unless endorsed and exclude owner dishonesty; Berkshire Hathaway Specialty Insurance identifies private companies with at least $10 million revenue as target accounts and advertises shared or separate limits up to $50 million. Those scope points matter when matching fraud exposures to organization size; the portfolio limit is not necessarily a crime-only limit. [2] [3]
What Should You Confirm in Alliance Risk and Berkshire Hathaway Specialty Insurance Crime Insurance Quotes?
- Ask Alliance Risk whether employee-owner dishonesty, business interruption, and client property are covered or need endorsements.
- Ask Berkshire Hathaway Specialty Insurance whether the crime limit is shared or separate and how the $10 million target-account threshold applies.