Berkley Insurance

Company Profile: 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 and has the expertise and resources to utilize their strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.

W. R. Berkley Corporation’s® competitive advantage lies in a long-term strategy of decentralized operations, allowing each of their 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 them to attract and retain the highest caliber professionals.
​milestones:
  • 1967 – Berkley Dean & Company was formed, precursor to W. R. Berkley Corporation.
  • 1970’s - Acquired Houston General Insurance Company and entered the insurance market, organized Union Insurance Company and tri-State Insurance Company, acquired General Insurance Company, Union Standard Insurance Company, Signet Reinsurance Company, Reinsurance Underwriters Corporation, Admiral Insurance Company, enters the specialty insurance market and goes public.
  • 1980’s - Acquired Fireman’s Insurance Company of Washington, D.C., Carolina Casualty Insurance Company, Continental Western Insurance Company, establishes Fireman’s Habitational Division to write coverages for high-end real estate in the northeast and forms Nautilus Insurance Company to write smaller excess and surplus lines risks, forms Berkley Risk Administrators Company entering the risk management and administration sector and total assets surpass the $1 billion mark.
  • 1990’s – Forms Monitor Liability Managers and Enters the Directors’ and Officers’ business, acquired 80% of Independencia Insurance Company of Argentina and established Berkley Surety Group and Berkley Insurance Company of the Carolinas established.
  • 2000 – Regional companies were consolidated to reduce costs, enhance size and scale, and to provide better competitive positions, while maintaining operations close to the customer.
  • 2004 – Joins the ranks of the Fortune 500.
  • 2007 – Named Best Managed Insurance Company by Forbes Magazine.
  • 2008 – 2013 – Continued to expand through the creation of new businesses such as Berkley Asset Protection, Berkley Canada, Berkley Professional Liability, Berkley Agribusiness, Berkley North Pacific Group, Berkley Oil and Gas, Berkley Technology Underwriters, Berkley Public Entity Managers and Berkley Southeast Insurance Group.
  • 2015 – Forms Berkley Construction Professional Liability and Global Product Recall.
  • 2016 – Announced entry into High End personal lines market with Berkley One.
  • 2017 – Marks 50 th Anniversary.
  • 2019 - Added to the  S&P 500 with $7.9 billion in revenue and $6.1 billion in stockholders’ equity at year-end and forms Berkley Prime Transportation.
Financial Stability:
  • W. R. Berkley Corporation® is rated by A+ by A.M. Best, A+ by Standard & Poor’s.
  • The business is operated with an ownership perspective and a clear sense of fiduciary responsibility to shareholders. Risk exposures are managed proactively. A strong balance sheet, including a high-quality investment portfolio, ensures ample resources to grow the business profitably whenever there are opportunities to do so.
  • 2019 Direct Written Premium was more than $6.3 billion.
Employee, Customer and Community Oriented:
  • W. R. Berkley Corporation® trademarked phrase “Everything counts – Everyone matters”:
  • Values the diversity of perspective, talent, and experience that employees bring to the organization and utilizes consistent and objective standards to measure performance.
  • Provides a diverse workforce that reflects communities and clients and fosters innovation and creativity that empowers employees to positively contribute to the company’s success. At the heart of their inclusion efforts is the development of talent within the organization that will perpetuate the company’s culture and philosophy.
  • Shows commitment to developing the next generation of insurance professionals to continue the work of providing creative solutions to the insurance needs of clients. To this end, various operating units are involved in organizations that promote young people in insurance, while others offer programs for mentoring, interning, and coaching.
  • From local food banks to disaster relief efforts throughout the world to the creation of a charity dedicated to helping the children of injured workers, they embody a culture of doing the right thing and giving back to the communities they serve.
Company Highlights:
  • W. R. Berkley Corporation® combines the expertise of underwriting, risk management, claims handling and investing to deliver outstanding risk-adjusted returns. How they are different:
  • Accountability - The business is operated with an ownership perspective and a clear sense of fiduciary responsibility to shareholders.
  • People-Oriented Strategy - New businesses are started when opportunities are identified and, most importantly, when the right talent is found to lead a business. Of Berkley's 52 companies, 45 were developed internally and seven were acquired.
  • Responsible Financial Practices - Risk exposures are managed proactively. A strong balance sheet, including a high-quality investment portfolio, ensures ample resources to grow the business profitably whenever there are opportunities to do so.
  • Risk-Adjusted Returns - Management company-wide is focused on obtaining the best potential returns with a real understanding of the amount of risk being assumed. Superior risk-adjusted returns are generated over the insurance cycle.
  • Transparency - Consistent and objective standards are used to measure performance – and the same standards are used regardless of the environment.
Industry Rankings:
  • W. R. Berkley Corporation® is the 22nd largest Property and Casualty Insurer/Group in the United States based upon 2019 revenue.
  •  Ranks 369th on the current Fortune 500 list of largest corporations in the United States.
  • 19th largest writer of Medical Professional Liability coverage in the United States.
  • 12th largest writer of Workers’ Compensation Auto coverage in the United States.
  • 9th largest writer of Commercial General Liability coverage in the United States.
  • 16th largest writer of Commercial Auto coverage in the United States.
  • Named to the 2019 Ward’s 50® list of top performing property casualty insurance companies.
  • Named a Five-Star Carrier on Insurance Business America’s Brokers on Carriers’ report. Berkley earned a five-star ranking in all 10 survey categories ranging from underwriting expertise to claims processing to commitment to broker distribution channel.
Berkley North Pacific is a regional, commercial insurance provider servicing business in the Northwest. With local leadership, conversational underwriting, as well as consultative risk management and claims services, they are we truly are a relationship driven company. Partnering with a select group of Independent Agents they pride themselves on the ease of doing business.
Continental Western Group® (CWG) has been a trusted insurance carrier since 1886. They offer a broad array of commercial insurance products for businesses in 13 states from the Rocky Mountains to the Great Lakes and their goal is to be the strong, local, and trusted choice for independent insurance agents and customers. They live and operate in the same communities as customers and available when needed most. Such local presence provides in-depth understanding of the businesses and communities they insure.
Berkley Mid-Atlantic Group knows needs are changing, the world is shifting, and are here to help. They
understand you need consistency, transparency, and the fast delivery of value. They manage risks for small, medium, and large businesses and their expertise is delivered by talented independent insurance agents and backed by exemplary service from claims, underwriting, risk management, audit, sales, and marketing teams.
Acadia INSURANCE specializes in commercial property casualty insurance. The company began in 1992 insuring businesses in Maine and today offers insurance programs for small and midsize businesses throughout New England and New York State with local offices in Connecticut, Maine, Massachusetts, New Hampshire, New York and Vermont.
UNION STANDARD works with independent agents to tailor coverage to meet the unique needs of a variety of businesses. They believe your Insurance coverage should be as unique as your business and with local underwriting, claim, loss control and audit services, they’ve got you covered!
Berkley Southeast Insurance Group, (BSIG), is a regional commercial lines property and casualty
insurance provider. They partner with a select group of independent agents in Alabama, the Carolinas, Georgia, Mississippi, and Tennessee to provide commercial products and services for small and mid-sized businesses. With the resources of W. R Berkley Corporation, a Fortune 500 company, they can provide assurance to policyholders that BSIG will be there when you need them most.

Products Offered

Commercial Insurance
    Property
    General Liability
    Commercial Auto
    Inland Marine
    Umbrella
    Cyber Liability
    Employment Practices
    Liability
    Workers’ Compensation
Commercial Industries
    Agribusiness
    Breweries
    Construction
    Hotels & Motels
    Manufacturing
    Real Estate
    Retail Stores
    Wholesalers
    Risk Management
    Auto Care & Service
    Building Material Dealers
    Golf Courses
    Janitorial
    Offices
    Restaurants
    Service Businesses
    Wineries

Operating Territory
(425) 448-9190​
8561 154th Ave NE
Suite 250
Redmond, WA 98052​
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