Victor Insurance Managers LLC, a unit of Marsh LLC, said Friday it has entered into an agreement with Berkshire Hathaway Specialty Insurance to expand the capacity of its American Builders Risk and Contractor Equipment program.
Limits of up to $8 million for frame and joisted masonry and $15 million for non-combustible building projects will be available under the program.
Victor has doubled the maximum coverage under its recently launched Contractor Equipment Coverage to $10 million.
Berkshire Hathaway Specialty has provided capacity for Victor’s Builders Risk Program from 2021.
