W. R. Berkley Corp.

W. R. Berkley Corp.

W. R. Berkley Corp.

Overview
Date Founded

1967

Headquarters

475 Steamboat Road,Greenwich, CT 06830-7144

Type of Company

Public

Employees (Worldwide)

7,448

Industries

Insurance: Property & Casualty
Other Insurance Services

Company Description

W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our 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 local management and enables us to attract and retain the highest caliber professionals. We have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.

Contact Data
Trying to get in touch with decision makers at W. R. Berkley Corp.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President & Chief Executive Officer

Senior Counsel & Assistant Secretary

Executive Chairman

Senior Vice President, Chief Financial Officer & Treasurer

Executive Vice President & General Counsel

Chief Marketing Officer & Vice President

Chief Compliance Officer & Vice President

Chief Corporate Actuary & Senior Vice President

Executive Vice President, Investments, President of Berkley Dean & Company, Inc

Vice President & Head of Catastrophe Risk Analytics

Board of Directors

President & Chief Executive Officer at W. R. Berkley Corp.

Founder & Managing Partner at GenNx360 Capital Partners

Senior Partner at Willkie Farr & Gallagher LLP

Senior Vice President, Corporate Affairs & Communications at Eli Lilly & Company

Chief Executive Officer at The Howard Gilman Foundation, Inc.

President & Trustee at The Luis A. Ferre Foundation, Inc.

Former Chief Executive Officer & Director at XL Brockbank Ltd.

Director at Boardwalk Pipelines LP

Executive Vice President for Business & Administration at Emory University

Senior Vice President, Chief Financial Officer & Treasurer at W. R. Berkley Corp.

Paths to W. R. Berkley Corp.
Potential Connections via
Relationship Science
You
W. R. Berkley Corp.
Owners & Shareholders
Details Hidden

Atlanta Capital offers investment advisory services in a variety of equity, fixed income and mixed-asset strategies. In-depth fundamental analysis is the primary basis for their investment decision making process. Atlanta Capital invests principally in traditional equity (common stocks and equivalents) and debt securities. The firm seeks to achieve above-average long-term risk adjusted returns through emphasis on high quality equity or debt instruments they believe have unrecognized value or investment potential. For equities, high quality is generally measured by a company's demonstrated history of consistent growth and stability in earnings. For debt instruments, high quality typically relates to the probability of repayment (credit risk) and the predictability of when principal repayment will occur (stability of cash flow). Atlanta Capital operates with three distinct investment teams, Growth Equity, Core Equity and Fixed Income, each leveraging a central investment philosophy.

Details Hidden

FEIM is a global, value-oriented investment manager that seeks to produce consistent absolute returns over the long-term without regard for industry benchmarks. They construct well-diversified portfolios through cautious security selection with an emphasis on risk aversion. FEIM focuses on investments with a substantial margin of safety, healthy balance sheets and clear business models. They employ bottom-up security analysis that is independent of broad market conditions or industry trends and focuses on downside protection. FEIM currently manages the following primary investment strategies: Global Value and International Value, International Small Cap Value, High Yield, Gold, US Value, and Global Income Builder.

Details Hidden

Victory Capital Management Inc., an investment advisory firm, manages assets for institutions and individuals. With over a century of investment management experience, Victory offers clients: Disciplined, market-tested investment processes CIO’s for each strategy, focusing on generating alpha and minimizing risk Quantitative and qualitative research Reliable service delivered by Sales and Client Relationship professionals A commitment to hold professionals accountable to meet client expectations and reward performance accordingly An environment to attract, develop and retain talented professionals

Recent Transactions
Details Hidden

York Insurance Services Group, Inc., Onex Partners purchase Key Risk Management Services LLC /Third Party Admin Bus from W. R. Berkley Corp.

Details Hidden

W. R. Berkley Corp., Berkley Capital LLC purchase Crypton LLC

Details Hidden

Odyssey Investment Partners LLC purchases Greenwich Aerogroup, Inc. /3 Subs from W. R. Berkley Corp.

Insider Transactions
Details Hidden
Transaction Advisors
Auditor

Advised onW. R. Berkley Corp. issued Common Stock

Selling Group Member

Advised onW. R. Berkley Corp. issued Common Stock

Selling Group Member

Advised onW. R. Berkley Corp. issued Common Stock

Advisors & Consultants
Legal Advisor

Co-Chair, Real Estate Group at Gibson, Dunn & Crutcher LLP

Legal Advisor

Partner at Willkie Farr & Gallagher LLP

Advisor

Former President of Berkley North Pacific at W. R. Berkley Corp.

Clients

Fairfax Financial Holdings Limited is a holding company whose corporate objective is to achieve a high rate of return on invested capital and build long term shareholder value. The company has been under present management since September 1985.

RLI is a specialty insurance company that has been successful for more than 45 years. Ours is a diversified portfolio of property and casualty coverages and surety bonds serving ‘‘niche’’ or underserved markets. We operate in all 50 states from office locations across the country. Our talented associates have delivered underwriting profits in 31 of the last 35 years, including the last 16 consecutively.

James River Group Holdings Ltd. engages in the ownership and operation of a group of specialty insurance and reinsurance companies. It operates through the following segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance, and Corporate and Other. The Excess and Surplus Lines segment offers E&S commercial lines liability and property insurance in every U.S. state and the District of Columbia through James River Insurance and James River Casualty. The Specialty Admitted Insurance segment focuses on niche classes within the standard insurance markets, such as workers compensation coverage for residential contractors, light manufacturing operations, transportation workers and healthcare workers in North Carolina, Virginia, South Carolina and Tennessee. The Casualty Reinsurance segment consists of JRG Re, which provides proportional and working layer casualty reinsurance to third parties and to its U.S. based insurance companies. The Corporate and Other segment covers the management and treasury activities of holding companies and interest expense associated with debt. The company was founded on May 30, 2007 and is headquartered in Hamilton, Bermuda.

Key Stats and Financials As of 2018
Market Capitalization
$12.2B
Total Enterprise Value
$12.3B
Earnings Per Share
$3.33
Revenue
$8.02B
Total Debt
$2.79B
Net Profit
$641M
TEVNet Income
19.21x
Debt TEV
0.23x
Enterprise Value Sales
1.54x
Total Equity
$5.48B
Five Year Compounded Annual Growth Rate Of Revenue
4.56%
Three Year Compounded Annual Growth Rate Of Revenue
3.46%
Non-Profit Donations & Grants
$1 - $20K
2014
$10K - $15K
2014
$1 - $20K
2013
Political Donations
Investments
Details Hidden

Sure, Inc. provides flight insurance services. The firm offers episodic insurance, flight insurance and purchase on demand. The company was founded by Jarod Kolman and Wayne Slavin and is headquartered in New York, NY.

Details Hidden

Weather Analytics LLC provides historical, current and forecast weather conditions for various destinations in the world. Its products include gauge, beacon, dexter, atlas and API. The firm serves insurance, agriculture and government industries. The company was founded by John L. Keller, Christopher R Skarinka and Chuck Khuen in 2012 and is headquartered in Washington, DC.

Details Hidden

HealthEquity, Inc. provides range of solutions for managing health care accounts. The firm's offers its solutions for employers, health planbs, brokers, consultants and financial advisors. Its services include HAS, FSA, HRA, DCRA, 401(k), Commuter, COBRA and HIA. It also offers products like healthcare saving and spending platform, health savings accounts, investment advisory services, reimbursement arrangements, and healthcare incentives. The company was founded by Stephen D. Neeleman on September 18, 2002 and is headquartered in Draper, UT.

Suppliers
Berkshire Hathaway, Inc. Insurance: Property & Casualty | Greenwich, Connecticut

Berkshire Hathaway, Inc. is engaged in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing, and services. It operates through following segments: GEICO, General Re, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC, Berkshire Hathaway Energy, McLane Company, Manufacturing, Service and Retailing, and Finance and Financial products. The GEICO segments involves in underwriting private passenger automobile insurance mainly by direct response methods. The General Re offers underwriting excess-of-loss, quota-share, and facultative reinsurance. The Berkshire Hathaway Reinsurance Group segment consists of underwriting excess-of-loss and quota-share reinsurance for insurers and reinsurers. The Berkshire Hathaway Primary Group segment comprises of underwriting multiple lines of property and casualty insurance policies. The BNSF segment operates railroad systems in North America. The Berkshire Hathaway Energy segments deals with regulated electric and gas utility, including power generation and distribution activities, and domestic real estate brokerage and brokerage franchisor. The McLane Company segment offers wholesale distribution of groceries and non-food items. The Manufacturing segment includes industrial and end-user products, building products, and apparel. The Service and Retailing segment involves providing fractional aircraft ownership programs, aviation pilot training, electronic components distribution, and retailing. The Finance and Financial Products segment includes manufactured housing and consumer financing; transportation equipment, manufacturing and leasing; and furniture leasing. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.

PartnerRe Ltd. Reinsurance | Pembroke, PE

PartnerRe Ltd. (NYSE, Euronext: PRE) is a provider of risk-assumption solutions for the global insurance and capital markets. We provide insurance companies with multiple lines of reinsurance — property & casualty, catastrophe, specialty lines, life, and alternative risk transfer — through our offices around the world.

Alleghany Corp. Insurance: Property & Casualty | New York, New York

Alleghany Corp. engages in the provision of property, casualty reinsurance, insurance and financial services. It operates its through the Reinsurance and Insurance segments. The Reinsurance segment consists of property and casualty and other reinsurance operations. The Insurance segment consists of property and casualty insurance operations. The company was founded by Oris Paxton Van Sweringen and Mantis James Van Sweringen in 1929 and is headquartered in New York, NY.

Competitors
Berkshire Hathaway, Inc. Other Insurance Services - Greenwich, Connecticut

Berkshire Hathaway, Inc. is engaged in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing, and services. It operates through following segments: GEICO, General Re, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC, Berkshire Hathaway Energy, McLane Company, Manufacturing, Service and Retailing, and Finance and Financial products. The GEICO segments involves in underwriting private passenger automobile insurance mainly by direct response methods. The General Re offers underwriting excess-of-loss, quota-share, and facultative reinsurance. The Berkshire Hathaway Reinsurance Group segment consists of underwriting excess-of-loss and quota-share reinsurance for insurers and reinsurers. The Berkshire Hathaway Primary Group segment comprises of underwriting multiple lines of property and casualty insurance policies. The BNSF segment operates railroad systems in North America. The Berkshire Hathaway Energy segments deals with regulated electric and gas utility, including power generation and distribution activities, and domestic real estate brokerage and brokerage franchisor. The McLane Company segment offers wholesale distribution of groceries and non-food items. The Manufacturing segment includes industrial and end-user products, building products, and apparel. The Service and Retailing segment involves providing fractional aircraft ownership programs, aviation pilot training, electronic components distribution, and retailing. The Finance and Financial Products segment includes manufactured housing and consumer financing; transportation equipment, manufacturing and leasing; and furniture leasing. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.

Alleghany Corp. Other Insurance Services - New York, New York

Alleghany Corp. engages in the provision of property, casualty reinsurance, insurance and financial services. It operates its through the Reinsurance and Insurance segments. The Reinsurance segment consists of property and casualty and other reinsurance operations. The Insurance segment consists of property and casualty insurance operations. The company was founded by Oris Paxton Van Sweringen and Mantis James Van Sweringen in 1929 and is headquartered in New York, NY.

Swiss RE AG Reinsurance - Zurich, ZH

The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of business, Swiss Re deploys its capital strength, expertise and innovation power to enable the risk taking upon which enterprise and progress in society depend.

Awards & Honors
Rank #368
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #368
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by W. R. Berkley Corp.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of W. R. Berkley Corp.'s profile does not indicate a business or promotional relationship of any kind between RelSci and W. R. Berkley Corp..
  • be_ixf; php_sdk; php_sdk_1.4.15
  • https://relationshipscience.com/organization/w-r-berkley-corp-1126
  • https://relationshipscience.com/organization/w-r-berkley-corp-1126