W. R. Berkley Corporation Names Michael Marcus President of Berkley Industrial Comp
May 17 2022 - 4:15PM
Business Wire
W. R. Berkley Corporation (NYSE: WRB) today announced the
appointment of Michael Marcus as president of Berkley Industrial
Comp. He succeeds Chandler F. Cox, Jr., who has been named chairman
of the business. The appointments are effective immediately.
Mr. Marcus joined Berkley in 2008 as a regional director at Key
Risk and most recently served as Key Risk’s senior vice president –
sales, distribution and business analytics. He has more than 30
years of commercial property and casualty insurance experience and
holds a Bachelor of Arts degree from Louisiana State University
Mr. Cox co-founded Berkley Industrial Comp (formerly American
Mining Insurance Group) and has served as its president and chief
executive officer since 2000. Since joining Berkley in 2007 when
the company was acquired, he has provided continuous leadership as
the business transitioned away from specializing in insurance
protection for the coal mining industry to become a leader in
serving diverse high-hazard industries. As chairman, he will
provide continuity, insights and strategic guidance.
W. Robert Berkley, Jr., president and chief executive officer of
W. R. Berkley Corporation, commented on the appointment, "We would
like to thank Chan for his extraordinary contributions to Berkley
Industrial Comp and W. R. Berkley Corporation over his many years
of service. His vision in transforming the business to succeed in
an ever-changing environment has been exemplary, and we are
delighted that he will be continuing in this new role. Mike has
done an exceptional job during his tenure, and he possesses the
characteristics we look for in an outstanding leader. Mike’s
attributes, combined with his wealth of experience, make us
exceedingly confident in his ability to lead the exceptional
Berkley Industrial Comp team as they further build upon the
business’s long history of success."
For further information about products and services available
from Berkley Industrial Comp, please visit www.berkindcomp.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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220517006109/en/
Karen A. Horvath Vice President - External Financial
Communications (203) 629-3000
WR Berkley (NYSE:WRB)
Historical Stock Chart
From Aug 2024 to Sep 2024
WR Berkley (NYSE:WRB)
Historical Stock Chart
From Sep 2023 to Sep 2024