What is WR Berkley Corporation?
W. R. Berkley Corporation (“WRB” on NYSE), founded in 1967, is a Fortune 500 company and among the nation’s premier commercial lines property casualty insurance providers. Berkley operates in five segments: Specialty Insurance; Regional Property Casualty Insurance; Alternative Markets; Reinsurance; and International. Each of Berkley’s operating units participates in a niche market requiring specialized knowledge about a territory or product. Berkley’s competitive advantage lies in its long-term strategy of decentralized operations, allowing each of its units to identify and respond quickly and effectively to changing market conditions and local customer needs. This decentralized structure provides financial accountability and incentives to unit management and enables Berkley to attract and retain the highest caliber professionals. Berkley has the expertise and resources to capitalize on its strengths in the present environment, and the flexibility to anticipate, innovate and respond to
