WR Berkley launches Secor-led E&S unit Berkley Edge to target SME risks
By Ashish Tiwari
Aug 19 - (The Insurer) - WR Berkley on Tuesday launched Berkley Edge, a new excess and surplus lines business focused on providing professional liability and casualty insurance to small and mid-sized businesses with challenging risk profiles.
The insurer said Berkely Edge would distribute coverage solely through wholesale brokers and look to address “hard-to-place and distressed” risks.
“We are deepening our commitment to the excess and surplus lines market by creating a sustainable platform tailored to small and mid-sized businesses,” said Robert Berkley, president and CEO of WR Berkley.
Jamie Secor, who most recently served as chief underwriting officer of Hamilton Select, Hamilton’s U.S. E&S unit, has been appointed president of Berkley Edge. She announced earlier this month that she had joined WR Berkley.
Secor previously spent over a decade at Kinsale Insurance, where she was division manager for commercial property, and has also held roles at CapSpecialty, James River and Virginia Farm Bureau.
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