W.R. Berkley Corporation has launched Berkley Edge, a new venture specializing in professional liability and casualty insurance for small to mid-sized businesses. Jamie Secor has been appointed as President of Berkley Edge, which aims to address the growing demand for tailored insurance solutions. The company's focus is on hard-to-place and distressed risks, exclusively available through wholesale brokers. Berkley Edge is a strategic commitment to the excess and surplus lines market, according to W. Robert Berkley, Jr., President and CEO of W.R. Berkley Corporation.
W.R. Berkley Corporation (NYSE: WRB) has expanded its portfolio with the formation of Berkley Edge, a new venture specializing in professional liability and casualty insurance for small to mid-sized businesses. The initiative aims to address the growing demand for tailored insurance solutions, with a particular focus on hard-to-place and distressed risks [1].
Jamie Secor has been appointed as President of Berkley Edge, bringing 25 years of industry experience to the role. She previously served as chief underwriting officer at a respected specialty lines property and casualty insurance company [2]. Berkley Edge will offer its services exclusively through wholesale brokers, providing responsive and targeted coverage tailored to the specific needs of small and mid-sized businesses.
"We are deepening our commitment to the excess and surplus lines market by creating a sustainable platform tailored to small and mid-sized businesses with particularly challenging risk profiles," said W. Robert Berkley, Jr., President and Chief Executive Officer of W.R. Berkley Corporation [1]. The company expects demand for professional liability and casualty solutions in this segment to continue growing, positioning Berkley Edge to deliver exceptional service and coverage.
W.R. Berkley Corporation, founded in 1967, is one of the largest commercial lines writers in the United States. It operates worldwide in two segments: Insurance and Reinsurance & Monoline Excess [1]. The launch of Berkley Edge is a strategic move to capture a growing market segment, leveraging the company's extensive experience and resources.
References:
[1] https://www.morningstar.com/news/business-wire/20250819959705/w-r-berkley-corporation-forms-berkley-edge
[2] https://www.investing.com/news/company-news/w-r-berkley-launches-berkley-edge-for-hardtoplace-risks-93CH-4200225
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