Berkshire Hathaway Specialty Insurance (BHSI) has introduced a new contractors’ plant and equipment policy in Australia.

The product complements the insurer’s current line-up in property, construction, mining and casualty.

“With this new policy, contractors can easily and efficiently address their property damage and liability exposures, including road risk, in a single policy,” BHSI Australasia Head of Marine Dimitry Zilberud said.

The policy covers areas including material damage, financial protection for plant and interruption, road risk and general liability.

BHSI will conduct this business directly with brokers.