W. R. Berkley Corporation announced the formation of Berkley E&S Solutions.
Tag: W.R. Berkley
W.R. Berkley Reports $114M Q4 Underwriting Profit, 9% Rate Increase
Reinsurance holding company W.R. Berkley Corporation saw its fourth quarter underwriting income increase 71.1% against the prior year quarter to $114.7 million, while average rate increases excluding workers’ compensation were approximately 9%. The company noted that, as rate increases remain robust, it expects continued opportunities to grow the top line. Gross and net premiums written… Continue reading W.R. Berkley Reports $114M Q4 Underwriting Profit, 9% Rate Increase
W. R. Berkley Corporation Combines the Strengths of BerkleyMed and Berkley Healthcare
W. R. Berkley Corporation today announced the combination of its two healthcare–centric operating units, BerkleyMed and Berkley Healthcare, into a single operating unit under the name Berkley Healthcare. The newly combined operating unit will provide a broader and more cohesive array of products and services to the continuum of healthcare providers. Gregg A. Piltch has… Continue reading W. R. Berkley Corporation Combines the Strengths of BerkleyMed and Berkley Healthcare
W. R. Berkley Appoints Daniel Westcott as President of Berkley Re America
W. R. Berkley has announced the appointment of Daniel R. Westcott as President of Berkley Re America, its specialty property and casualty (P&C) reinsurance underwriter. Westcott arrives from The Navigators Group, where he most recently served as Chief Operating Officer (COO), Reinsurance. He has more than 20 years’ experience in the P&C reinsurance market, having… Continue reading W. R. Berkley Appoints Daniel Westcott as President of Berkley Re America
W. R. Berkley Corporation Forms Berkley Prime Transportation, Announces Executive Appointment
W. R. Berkley Corporation today announced the formation of Berkley Prime Transportation, which will focus on providing primary commercial transportation insurance products countrywide for standard and preferred risks. The new division will focus on leveraging analytics and technology to develop new methods of providing quality and responsive service to agents and customers. Jeanne R. Fenster… Continue reading W. R. Berkley Corporation Forms Berkley Prime Transportation, Announces Executive Appointment
Insurtech Startup SURE Secures Additional $12.5M in Funding
SURE, an insurtech startup and the developer of the world’s first on-demand insurance app powered by artificial intelligence, announced today it has raised additional $12.5 million in a Series B funding. The round was led by W. R. Berkley Corporation, an insurance holding company that is among the largest specialty commercial writers in the United… Continue reading Insurtech Startup SURE Secures Additional $12.5M in Funding
W.R. Berkley Q1 Net Premium Growth Aided by Rate Improvement
W.R. Berkley Corp. (WRB) on Tuesday reported first-quarter net income of $180.7 million. The Greenwich, Connecticut-based company said it had net income of 94 cents per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share. The insurance company… Continue reading W.R. Berkley Q1 Net Premium Growth Aided by Rate Improvement