AP NEWS

Berkley Canada to Celebrate 10 Years

October 3, 2018

TORONTO--(BUSINESS WIRE)--Oct 3, 2018--Berkley Canada, a Berkley Company, celebrates the 10 th anniversary of its founding on October 6 th, 2018. Berkley Canada was established on the fundamental premise that providing customers and broker partners with a service based on specialized knowledge and expertise, combined with the ability to make all decisions locally, would deliver outstanding long-term value. Over the past ten years, Berkley Canada has become one of the top performing niche specialty carriers in the Canadian Property-Casualty Insurance Market.

Commenting on the achievement, Andrew Steen, President of Berkley Canada, said “As we celebrate this milestone, we are thankful for all the support we have received from our customers and broker partners. We look forward to continuing our mission of combining expertise and local decision making to create better outcomes for customers.”

W. Robert Berkley Jr., President and CEO of W. R. Berkley Corporation, added, “We would like to congratulate our colleagues at Berkley Canada on their many accomplishments as they cross the threshold into their second decade of operations. We are excited about the ongoing opportunities in this market and the future success of Berkley Canada.”

Today, Berkley Canada is one of the fastest growing niche specialty carriers in Canada, having more than doubled in size and improved combined ratio by over 40% in the past five years. Berkley Canada’s business is made up of two segments: Commercial Specialty Insurance and Accident, Health and Travel Insurance, each of which provides a unique offering of expertise, desire to do things differently, and the ability to make all Underwriting and Claims decisions locally, in Canada. Berkley Canada would like to thank the Canadian broker and business community for their on-going support as they continue on their mission to be the best Specialty Insurer in Canada.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181003005110/en/

CONTACT: Berkley Canada

Alexandra Spence, 416-594-4823

Director, Marketing

aspence@berkleycanada.com

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE INSURANCE

SOURCE: Berkley Canada

Copyright Business Wire 2018.

PUB: 10/03/2018 08:00 AM/DISC: 10/03/2018 08:01 AM

http://www.businesswire.com/news/home/20181003005110/en

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