W. R. Berkley (NYSE: WRB) — Company Overview, News & Financial Data
W. R. Berkley provides property casualty insurance solutions globally with a focus on specialized markets and innovation.
W. R. Berkley
W. R. Berkley is a commercial lines property and casualty insurance holding company operating through a decentralized structure of approximately 60 specialized business units. The company operates across two primary segments: Insurance and Reinsurance & Monoline Excess. Its insurance offerings encompass commercial liability, excess and surplus lines, workers' compensation, professional liability, property, and specialty personal lines. Through its reinsurance division, the company provides facultative and treaty reinsurance solutions globally. W. R. Berkley operates across North America, South America, Europe, Asia, and Australia, maintaining international offices in 52 cities outside the United States.
Snapshot
Operations
Products and/or services of W. R. Berkley
- Commercial Casualty and General Liability: Underwriting general liability, excess casualty, and umbrella coverage tailored to commercial policyholders across various sectors, addressing complex liability risks through wholesale and retail broker networks and specialized underwriting units.
- Excess and Surplus Lines: Delivering specialized property and casualty coverage for non-standard, hard-to-place, and distressed commercial risks, serving mid-market businesses and niche industries through dedicated specialty operating units and wholesale distribution.
- Workers' Compensation Insurance: Providing standard and excess workers' compensation coverage, claims administration, and hazard risk management services for high-risk commercial operations, utility maintenance, manufacturing, construction, and healthcare employers.
- Professional and Management Liability: Offering specialized errors and omissions, directors and officers, cyber risk, and comprehensive professional liability coverage designed specifically for architects, engineers, healthcare providers, corporate leaders, and financial institutions.
- Property and Marine Insurance: Writing commercial property, inland marine, ocean marine, and specialized asset coverage against physical damage, business interruption, and transit hazards across industrial, agribusiness, commercial real estate, and energy sectors.
- Property and Casualty Reinsurance: Supplying treaty and facultative reinsurance products to primary insurance underwriters globally, covering property, liability, and specialty lines across North American, European, Asia-Pacific, and Latin American regional operations.
W. R. Berkley executive team
- Mr. William Robert BerkleyExecutive Chairman of the Board
- Mr. William Robert Berkley Jr.President, CEO & Director
- Mr. Richard Mark BaioExecutive VP & CFO
- Mr. James Gerald ShielExecutive Vice President of Investments
- Ms. Lucille T. SgaglioneExecutive Vice President
- Mr. Philip Stanley Welt CPAExecutive VP & Secretary
- Ms. Karen A. HorvathVice President of Investor Relations
- Mr. A. Scott MansolilloSenior VP & Chief Compliance Officer
- Mr. Stephen KennedySenior VP & General Counsel
- Mr. Jonathan M. LevineVP & Chief Marketing Officer