W. R. Berkley

W. R. Berkley is a leading provider of commercial lines insurance solutions for niche markets and industries. It was founded in 1967 by William R. Berkley, who is still the executive chairman and largest shareholder of the company. The company has grown to become one of the largest commercial lines property and casualty insurers in the United States, with more than 50 businesses worldwide that offer specialized insurance products and services. The company is divided into two segments: Insurance and Reinsurance & Monoline Excess. The Insurance segment consists of businesses that serve specific industries, products, or regions, such as life sciences, healthcare, technology, environmental, and public administration. The Reinsurance & Monoline Excess segment provides reinsurance and excess liability coverage for various risks. W. R. Berkley is known for their innovation, integrity, and financial strength. It has been listed on the New York Stock Exchange since 1973, and it joined the S&P 500 in 2019. It has also been a Fortune 500 company since 2004, and it has seen their gross written premiums exceed $10 billion. The company’s insurance subsidiaries are rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor’s. W. R. Berkley’s mission is to create peace of mind for their customers by delivering the best insurance solutions possible through their expertise and service.