What Are the Key Differences Between Berkshire Hathaway Specialty Insurance and Counterpart Crime Insurance?
Product Structure and Crime Protection
Berkshire Hathaway Specialty Insurance includes Commercial Crime within Executive First, a portfolio also containing D&O, EPL, fiduciary, and employed-lawyer coverage. Counterpart lists employee theft, forgery, computer or system fraud, funds-transfer fraud, and social engineering. If the business needs both management-liability and operational crime protection, compare the package structure with the wholesale placement proposal rather than the coverage labels alone. [1] [5]
Eligibility, Limits, and Access
Counterpart says buyers access the program through a wholesale broker, while Berkshire Hathaway Specialty Insurance identifies private firms with at least $10 million in revenue and portfolio limits up to $50 million shared or separate. Those routes affect who assembles the submission and how limits are organized; neither published summary supplies your final crime sublimit or retention. [1] [5]
What Should You Confirm in Berkshire Hathaway Specialty Insurance and Counterpart Crime Insurance Quotes?
- Ask Counterpart which wholesale broker will submit the account, who underwrites it, and what limits apply separately to transfer fraud and social engineering.
- Ask Berkshire Hathaway Specialty Insurance how much of the portfolio limit is available for crime and whether other coverage parts erode it.