Description

W. R. Berkley Corporation is an international insurance holding company primarily focused on writing commercial lines policies across the United States and globally. Its operations are divided into two main segments: Insurance, and Reinsurance & Monoline Excess. The Insurance segment offers a comprehensive suite of commercial insurance solutions. These include core coverages like property, commercial automobile, general and professional liability, workers' compensation, and product liability. It also addresses specialized needs such as environmental risks, fine art and jewelry, directors and officers (D&O) liability, surety bonds, cyber protection, and coverage for specific industries like technology, life sciences, and travel. For smaller to medium-sized businesses, policies like liquor liability, inland marine, and umbrella/excess liability are available. The segment further extends to personal lines insurance (home, auto, collectibles), accident and health, group life, crime and fidelity, and various public official and professional liability policies. Additionally, it manages at-risk and alternative risk insurance programs. The Reinsurance & Monoline Excess segment supports other insurance carriers and self-insured entities in effectively managing their overall risk exposure. It achieves this by offering reinsurance solutions, either for entire portfolios (treaty reinsurance) or for specific individual risks (facultative reinsurance). Established in 1967, W. R. Berkley Corporation maintains its corporate headquarters in Greenwich, Connecticut.