At a Glance
Berkley Professional Liability, LLC is a wholly owned subsidiary of W.R. Berkley, a Fortune 500 commercial lines property and casualty insurance provider. Berkley Professional specializes in professional liability insurance (Directors and Officers, Fiduciary, and Employment Practices Liability) for large publicly traded and private entities based in the United States of America and Canada.
Our Mission
Our mission is to be the premier writer of professional liability insurance for large public and private entities in the United States and Canada by using our experience, skill, and talent to provide creative solutions and stable capacity to our insureds and brokers, while achieving superior risk adjusted returns for our stakeholders.
Company Description
Berkley Professional was founded in October 2008 by a team of management liability professionals with a combined total of over fifty years experience in insurance and financial services. Backed by superior financial strength and unburdened by legacy claims, Berkley Professional brings fresh capacity, underwriting acumen, claims handling expertise, and extensive relationships with insureds and brokers to the management liability marketplace.
Berkley Professional operates as a managing general underwriter for professional liability insurance lines written on behalf of Berkley Insurance Company, Carolina Casualty Insurance Company, Admiral Insurance Company and Nautilus Insurance Company, all member companies of W.R. Berkley Corporation.
Berkley Insurance Company holds an A+ (Superior) rating by A.M. Best Company. Carolina Casualty Insurance Company holds an A (Excellent) rating by A.M. Best. Admiral Insurance Company holds an A+ (Superior) rating by A.M. Best. Nautilus Insurance Company holds an A+ (Superior) rating by A.M. Best. On a consolidated basis, S&P rates W.R. Berkley A+ for financial strength.
Berkley Professional distributes its professional liability products to both the retail and wholesale marketplace through appointed and licensed independent agents and brokers throughout North America.
About W.R. Berkley Corporation
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.