W. R. Berkley Corporation
An insurance holding company, operates as commercial lines writers primarily in the United States.
Founded in 1967, W. R. Berkley Corporation is a commercial lines property and casualty insurance holding company. The company operates in various segments of the property casualty insurance business, both domestically and internationally. It is organized into two main segments: Insurance and Reinsurance & Monoline Excess.
The Insurance segment is composed of 53 operating units that underwrite commercial insurance in the United States, the United Kingdom, Continental Europe, South America, Canada, Mexico, Scandinavia, Asia, and Australia. This segment is further divided into various business lines, including excess and surplus lines, commercial auto, and workers' compensation.
The Reinsurance & Monoline Excess segment provides reinsurance and excess insurance to other insurance companies and self-insured entities. This segment helps to spread risk and provides additional capacity to the insurance market.
The company's business model is focused on underwriting and investment management. It generates revenue through premiums from its insurance and reinsurance policies, as well as from its investment portfolio. W. R. Berkley Corporation serves a wide range of clients, from small businesses to large corporations, across various industries.
Keywords: commercial insurance, property casualty, reinsurance, investment management, global insurance, specialty insurance, underwriting, risk management, financial services, insurance holding company