W. R. Berkley Corp. Forms Berkley Public Entity Managers [Professional Services Close – Up]

W. R. Berkley Corp. announced the formation of Berkley Public Entity Managers.

In a release, the company noted that Berkley Public Entity Managers will offer coverages to self-insured public entities -- individual and groups. Berkley Public Entity Managers will underwrite on behalf of W. R. Berkley Corp. member insurance companies rated A+ (Superior) by A.M. Best Company, Inc. and will be headquartered in Philadelphia, Pennsylvania.

The company said Richard B. Vincelette has been named president of Berkley Public Entity Managers. Vincelette has 35 years of experience in the property casualty insurance industry, including over 25 years of focus on public entity risks. He previously served as the industry practice leader for public entity at a major international insurer.

Brian T. Whooley has been named senior vice president - underwriting of Berkley Public Entity Managers. Whooley has more than 25 years of experience in the property casualty insurance industry. Previously, he served as underwriting vice president for a major international insurer.

William R. Berkley, chairman of the board and chief executive officer of W. R. Berkley Corp., said: "We are pleased to welcome Rich and Brian to our enterprise. Berkley Public Entity Managers will be well positioned to serve the public entity market. We continue to expand our presence in the specialty insurance segment of the industry."

W. R. Berkley Corp. is an insurance holding company. It operates in five segments of the property casualty insurance business: specialty insurance, regional property casualty insurance, alternative markets, reinsurance and international.

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