FAQ: W. R. Berkley Corporation Forms Berkley Edge - New Insurance Business for Challenging Risks

What is Berkley Edge and what does it focus on?

Berkley Edge is a new business formed by W. R. Berkley Corporation that provides professional liability and casualty insurance specifically for small to mid-sized businesses with hard-to-place and distressed risk profiles.

Why did W. R. Berkley Corporation create Berkley Edge?

The company is deepening its commitment to the excess and surplus lines market to address the growing demand for professional liability and casualty solutions for businesses with challenging risk profiles, creating a sustainable platform tailored to this segment.

Who is leading Berkley Edge?

Jamie Secor has been named president of Berkley Edge, bringing 25 years of insurance industry experience including executive and leadership positions, most recently as chief underwriting officer at a specialty lines property and casualty insurance company.

How will Berkley Edge distribute its insurance products?

Berkley Edge will offer coverage exclusively through wholesale brokers, focusing on providing responsive, targeted coverage with exceptional service to clients and broker partners.

What types of businesses is Berkley Edge designed to serve?

Berkley Edge focuses on small to mid-sized businesses with particularly challenging risk profiles that are considered hard-to-place or distressed risks in the insurance market.

What is Jamie Secor’s background and expertise?

Jamie Secor has 25 years of insurance industry experience with extensive background in underwriting and finding solutions for hard-to-place risks, having held various executive and leadership positions including most recently as chief underwriting officer.

How can I get more information about Berkley Edge’s products and services?

For further information about products and services, please contact Jamie Secor at [email protected].

What is W. R. Berkley Corporation’s background in the insurance industry?

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments: Insurance and Reinsurance & Monoline Excess.