GREENWICH, Conn.–(BUSINESS WIRE)–W. R. Berkley Corporation (NYSE: WRB) today appear the accumulation of Berkley Oil & Gas Specialty Services, LLC. Berkley Oil & Gas, based in Houston, Texas, will accommodate a multi-line allowance artefact offering, including accepted liability, auto liability, workers’ compensation, umbrella, ascendancy of well, civil marine, acreage and accident ascendancy casework in the calm activity sector. Berkley Oil & Gas will accede on account of W. R. Berkley Corporation affiliate allowance companies rated A (Superior) by A.M. Best Company, Inc., Financial Size Category XV. Its administration channels will accommodate retail agents and brokers.
Carol Randall has been called admiral of Berkley Oil & Gas. Ms. Randall has added than 20 years of acquaintance in the bartering allowance industry, with a primary focus on oil and gas risks. She best afresh served as arch underwriting administrator for oil and gas with a above insurer. Ms. Randall becoming a Bachelor of Science in Management from Louisiana State University and holds the Chartered Acreage and Blow Underwriter (CPCU) designation.
William R. Berkley, administrator of the lath and arch controlling administrator of W. R. Berkley Corporation, said: “We are captivated to accept Carol accompany us as the baton of this new operating assemblage to advantage our absolute attendance in the oil and gas marketplace. Our two audible underwriting entities, Berkley Oil & Gas and Berkley Offshore – – which is headed by Frank Costa – – will aggrandize the oil and gas allowance artefact portfolio offered by the W. R. Berkley Corporation accumulation of companies and accommodate an broadcast belvedere for our account to the activity industry.”
For added advice about the articles and casework accessible from Berkley Oil & Gas, amuse acquaintance Carol Randall at [email protected] or 281-687-5893. For advice apropos accepted application opportunities at Berkley Oil & Gas, amuse e-mail your resume to [email protected]
Founded in 1967, W. R. Berkley Corporation is an allowance captivation aggregation that is amid the better bartering curve writers in the United States and operates in bristles segments of the acreage blow allowance business: specialty insurance, bounded acreage blow insurance, another markets, reinsurance, and international.
This is a “Safe Harbor” Account beneath the Private Securities Litigation Reform Act of 1995. Any advanced statements independent herein, including statements accompanying to our angle for the industry and for our achievement for the year 2009 and beyond, are based aloft the Company’s absolute achievement and on accepted plans, estimates and expectations. The admittance of this advanced advice should not be admired as a representation by us or any added being that the approaching plans, estimates or expectations advised by us will be achieved. They are accountable to assorted risks and uncertainties, including but not bound to, the success of our new ventures or acquisitions and the availability of added opportunities, our adeptness to allure and absorb able employees, and added risks abundant from time to time in the Company’s filings with the Securities and Exchange Commission. These risks could account absolute after-effects of the industry or our absolute after-effects for the year 2009 and above to alter materially from those bidding in any advanced account fabricated by or on account of the Company. Any projections of advance in the Company’s net premiums accounting and account fees would not necessarily aftereffect in adequate levels of underwriting and operating profits. Advanced statements allege alone as of the date on which they are made, and the Aggregation undertakes no obligation to amend about or alter any advanced statement, whether as a aftereffect of new information, approaching developments or otherwise.
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