W. R. Berkley Corporation Forms Berkley Enterprise Risk Solutions
June 27 2022 - 9:00AM
Business Wire
Appoints Wayne Bryan as President and Hale
Johnston as Chief Operating Officer
W. R. Berkley Corporation (NYSE: WRB) today announced the
formation of Berkley Enterprise Risk Solutions. The new business
will focus on providing workers’ compensation insurance to large
businesses headquartered in California. Wayne Bryan has been named
president of the new business, and Hale Johnston has been appointed
chief operating officer. The appointments are effective
immediately.
W. Robert Berkley, Jr., president and chief executive officer of
W. R. Berkley Corporation, commented, “Berkley Enterprise Risk
Solutions will offer specialized workers’ compensation solutions to
California-based clients with sophisticated risk management
capabilities and interests. We are pleased to be expanding our
expertise to this segment of the market with dedicated capabilities
and expertise. Wayne and Hale both have extensive backgrounds and a
wealth of knowledge in the large account California workers’
compensation space. We are confident that they will provide
outstanding leadership to their new team as they deliver
exceptional solutions to the market. We are excited to welcome them
to Berkley.”
Mr. Bryan brings nearly 35 years of California workers’
compensation experience to Berkley. Most recently, he led the
enterprise large account business unit for a western-based,
super-regional commercial insurance company and leading provider of
workers’ compensation and commercial insurance solutions. Mr. Bryan
holds a Bachelor of Arts degree from the University of San
Francisco.
During his more than 30-year career in insurance, Mr. Johnston
has held various executive and leadership positions in the
insurance industry and has implemented new technology platforms,
consolidated operations and introduced new streams of revenue. He
has served on the Board of Governors for the Workers’ Compensation
Insurance Rating Bureau of California (WCIRB) and as chairman of
the Board of Directors for the California Workers’ Compensation
Institute (CWCI). He is a graduate of William Jewell College in
Liberty, Missouri.
For further information about products and services available
from Berkley Enterprise Risk Solutions, please contact Wayne Bryan
at wbryan@wrberkley.com.
Founded in 1967, W. R. Berkley Corporation is an insurance
holding company that is among the largest commercial lines writers
in the United States and operates worldwide in two segments of the
property casualty insurance business: Insurance and Reinsurance
& Monoline Excess. For further information about W. R. Berkley
Corporation, please visit www.berkley.com.
This is a “Safe Harbor” Statement under the Private Securities
Litigation Reform Act of 1995. Any forward-looking statements
contained herein, including statements related to our outlook for
the industry and for our performance for the year 2022 and beyond,
are based upon the Company's historical performance and on current
plans, estimates and expectations. The inclusion of this
forward-looking information should not be regarded as a
representation by us or any other person that the future plans,
estimates or expectations contemplated by us will be achieved. They
are subject to various risks and uncertainties, including but not
limited to, the success of our new ventures or acquisitions and the
availability of other opportunities, our ability to attract and
retain key personnel and qualified employees, and other risks
detailed from time to time in the Company's filings with the
Securities and Exchange Commission. These risks could cause actual
results of the industry or our actual results for the year 2022 and
beyond to differ materially from those expressed in any
forward-looking statement made by or on behalf of the Company. Any
projections of growth in the Company's revenues would not
necessarily result in commensurate levels of earnings.
Forward-looking statements speak only as of the date on which they
are made, and the Company undertakes no obligation to update
publicly or revise any forward-looking statement, whether as a
result of new information, future developments or otherwise.
Products and services are provided by one or more insurance
company subsidiaries of W. R. Berkley Corporation. Not all products
and services are available in every jurisdiction, and the precise
coverage afforded by any insurer is subject to the actual terms and
conditions of the policies as issued.
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version on businesswire.com: https://www.businesswire.com/news/home/20220624005270/en/
Karen A. Horvath Vice President - External Financial
Communications (203) 629-3000
WR Berkley (NYSE:WRB)
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