W. R. Berkley Corporation

Our next Berkley Business Spotlight is Verus Specialty Insurance (a Berkley Company), a premier provider of specialty excess and surplus insurance solutions offering comprehensive coverage for unique or high-risk situations that standard insurance policies may not cover. With innovative methods, expertise, and streamlined processes, Verus delivers E&S specialty insurance protection for small to midsize commercial risks, in the following markets: ✅ Casualty: Excess and surplus casualty insurance tailored to meet the needs of businesses facing high risks that fall outside the appetite of traditional insurance markets. Verus protects small, medium, and large construction firms, manufacturers, and distributors against catastrophic losses. Targets include primary general liability and supported excess, small business, owners interest, and monoline excess. ✅ Professional Liability: Tailored professional liability insurance coverage to protect businesses and business owners from claims due to negligence, misrepresentation, breach of contract, or advice while delivering professional services. Targets include lawyers, insurance agents, real estate, and miscellaneous E&O. ✅ Garage: Non-admitted, tailored garage and auto-related business insurance solutions to safeguard assets and mitigate losses from theft, vandalism, and unforeseen accidents. Targets include service and repair shops, licensed dealers, and more. Verus leverages an exclusive wholesale broker network with a passion for excellence and E&S insurance expertise to deliver innovative solutions, rapid response, and ease of doing business. Learn more about Verus here: https://ow.ly/Nrqe50TCLpv

At Berkley, we pursue innovation in a classically Berkley way—with an emphasis on every individual employee. Our Innovation Through People program engages all levels of our organization to cultivate core behaviors that can perpetuate a culture of entrepreneurism and foster #innovation at every level. Each year, select employees are able to participate in our #Leadership Oculus development program, completing a 5-month journey gaining the skills required to lead strategic innovation and experimentation in their organizations. This summer, employees from 31 Berkley businesses completed the program. Participants took part in a blend of live seminars with innovation thought leaders, conversations with senior Berkley leaders on their own innovation experiences, and interactive e-learning modules, concluding with group projects applying experimentation techniques to address real-world Berkley challenges. Congratulations to those who completed the program! We’re looking forward to welcoming a new group of leaders in 2025.

Congratulations to Berkley Entertainment (a Berkley Company) as they celebrate their 20th Anniversary this year. Thank you to all of our #BerkleyEntertainment colleagues, distribution partners and customers for being part of their success. Here’s to many more years! https://ow.ly/7sfP50TQkSw

Spotlight Business, Verus Specialty Insurance (a Berkley Company), offers tailored excess and surplus lines insurance solutions including casualty, professional liability, and garage coverage. Garage E&S insurance is essential for auto-related businesses, offering coverage for theft, vandalism, and accidents within the garage environment. It safeguards against liabilities, protecting your assets and ensuring financial security in unforeseen circumstances. Verus’ Garage form integrates Commercial Auto and General Liability coverages, catering to your distinct requirements. With expertise in this specialized product, they offer comprehensive E&S coverage options, prioritizing swift turnaround times and responsive support. Verus targets service & repair shops, licensed dealers, and more. Learn more about their Garage E&S insurance options: https://ow.ly/zC6950TRcVK

Business of all sizes – whether public, private, or not-for-profit – can face financial losses from wrongful actions by their officers, directors, and their management team. We offer a variety of customized management liability insurance solutions for companies to protect against workplace incidents, employee theft, poor oversight of employee benefits plans, wrongful termination, discrimination, and sexual harassment claims. Berkley’s experienced team of professionals can provide customized products recognizing that each business has unique risks. Management Liability Coverages typically available include Directors & Officers (D&O) Liability, Fiduciary Liability, Cyber Liability, Crime, Employment Practices Liability (EPL), General Partnership Liability, and Initial Public Offering Liability. Head to the comments to hear from some of the Berkley Businesses who offer management liability insurance ⬇️ and visit https://ow.ly/WRql50TOYlt to learn more.

⏰ Happening now: Live #earnings webcast on our website at: https://ow.ly/Vbmo50TMcSu

W. R. Berkley Corporation has reported third quarter results including: return on equity of 19.6%, operating return on equity of 20.0%, and third quarter net income of $366 Million. Read the full release here: https://ow.ly/W29r50TQfXx

Tune in tomorrow, October 21, at 5:00 pm ET for W. R. Berkley Corporation’s #earnings webcast live on our website at https://ow.ly/hbMT50TMcNG

The Berkley Re (a Berkley Company) team looks forward to meeting with our brokers and clients about future opportunities in Baden-Baden over the next several days. These in-person connections are invaluable to us. See you soon! #reinsurance #badenbaden

Spotlight Business, Verus Specialty Insurance (a Berkley Company), offers tailored excess and surplus lines insurance solutions including casualty, professional liability, and garage coverage. Professional liability insurance provides peace of mind to protect you and your business from claims due to your negligence, misrepresentation, breach of contract, or advice while delivering professional services. Verus’s Professional Lines Underwriters average 14 years of experience allowing them to use their considerable knowledge to develop unique solutions that meet the needs of brokers and their clients. They specialize in coverage for: ✅ Lawyers – For law firms up to 20 attorneys, Verus’s professional liability insurance provides comprehensive coverage. ✅ Insurance Agents – Verus focuses on insurance agents with up to $10M in gross commission. ✅ Real Estate – For real estate agents and brokers, property managers, appraisers, auctioneers and more. ✅ Miscellaneous Errors & Omissions – Verus’s insurance for other professionals encompassing nonstandard risks and newly established entities. Learn more about Verus’s Professional Liability solutions: https://ow.ly/4v6M50TMGfP