W. R. Berkley

Champ Titles Closes $18 Million Series C Funding Round Led by Point72 Ventures

Retrieved on: 
Wednesday, March 27, 2024

Point72 Ventures led the round and was joined by existing investors W.R. Berkley Corporation, Eos Venture Partners, Guidewire Software, and Rev1 Ventures, among others.

Key Points: 
  • Point72 Ventures led the round and was joined by existing investors W.R. Berkley Corporation, Eos Venture Partners, Guidewire Software, and Rev1 Ventures, among others.
  • To date, Champ Titles has raised more than $45 million.
  • Champ Titles will use the funds to fuel its ongoing growth.
  • “We believe Champ Titles’ platform offers a comprehensive and simplified solution for state DMVs and addresses a longstanding pain point.

W. R. Berkley Corporation Names J. Daniel Asahl President of Continental Western Group

Retrieved on: 
Wednesday, December 13, 2023

W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of J. Daniel Asahl as president of Continental Western Group (“CWG”), a Berkley company.

Key Points: 
  • W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of J. Daniel Asahl as president of Continental Western Group (“CWG”), a Berkley company.
  • Mr. Asahl is a proven strategic leader with nearly 30 years of property and casualty insurance industry experience.
  • He joined Berkley in 1995 and has held a variety of positions throughout the group.
  • In 2017, he was appointed senior vice president and chief operating officer of Berkley Healthcare.

ICW Group Insurance Companies Appoints Sandy Smith as Vice President, Risk Management

Retrieved on: 
Wednesday, November 29, 2023

SAN DIEGO, Nov. 29, 2023 /PRNewswire-PRWeb/ -- Sandy Smith, a risk management leader with more than 30 years of experience, joins ICW Group Insurance Companies as Vice President, Risk Management, leading the company's extensive loss control services focused on workplace injury prevention for thousands of workers' compensation policyholders nationwide.

Key Points: 
  • SAN DIEGO, Nov. 29, 2023 /PRNewswire-PRWeb/ -- Sandy Smith, a risk management leader with more than 30 years of experience, joins ICW Group Insurance Companies as Vice President, Risk Management, leading the company's extensive loss control services focused on workplace injury prevention for thousands of workers' compensation policyholders nationwide.
  • Smith joins ICW Group with an extensive background in risk reduction, and her responsibilities include overseeing the company's team of risk management specialists who identify, assess, and mitigate risks for policyholders.
  • "A key pillar to ICW Group's success in the work comp space is the value-add we provide our customers through comprehensive safety and risk management services," said Paul Zamora, Senior Vice President, Workers' Compensation for ICW Group.
  • Prior to joining ICW Group, Smith led the policyholder services team for EMC Insurance Companies as Assistant Vice President and served in other risk improvement positions at Continental Western Group and Liberty Mutual.

Ledgebrook adds Nicole Kessler and James Lassiter to Executive Leadership Team

Retrieved on: 
Tuesday, August 1, 2023

BOSTON, Aug. 2, 2023 /PRNewswire/ -- Ledgebrook, a tech-enabled E&S MGA, is excited to announce the additions of Nicole Kessler and James Lassiter to their executive team.

Key Points: 
  • BOSTON, Aug. 2, 2023 /PRNewswire/ -- Ledgebrook, a tech-enabled E&S MGA, is excited to announce the additions of Nicole Kessler and James Lassiter to their executive team.
  • With their extensive experience and expertise, Nicole and James will be instrumental in expanding Ledgebrook's offerings in Excess Casualty and Professional Liability.
  • With a diverse background in the insurance industry, Nicole brings a wealth of knowledge and a proven track record of success.
  • "We are thrilled to welcome Nicole and James to our team," said Gage Caligaris , CEO of Ledgebrook.

Arch Reinsurance Company Names Jon Schriber President

Retrieved on: 
Monday, July 24, 2023

Arch Reinsurance Company (Arch Re Co.) today announced Jonathan Schriber will join the company as President effective Aug. 1, 2023.

Key Points: 
  • Arch Reinsurance Company (Arch Re Co.) today announced Jonathan Schriber will join the company as President effective Aug. 1, 2023.
  • Schriber joins Arch from Partner Re where he most recently served as Chief Underwriting Officer, P&C Americas.
  • He has nearly 30 years of experience in the reinsurance industry, including senior roles at W.R. Berkley Corporation, ACE USA and General Reinsurance Corporation.
  • “I’ve always held Arch in high regard and have been very impressed with the trajectory of the company.

SEEMAN NAMED UVEYE'S VICE PRESIDENT OF NORTH AMERICAN SALES

Retrieved on: 
Wednesday, June 28, 2023

TEANECK, N.J., June 28, 2023 /PRNewswire/ -- Michael Seeman has been named vice president of sales at UVeye, a rapidly growing supplier of the auto industry's first fully-automated suite of vehicle inspection systems.

Key Points: 
  • TEANECK, N.J., June 28, 2023 /PRNewswire/ -- Michael Seeman has been named vice president of sales at UVeye, a rapidly growing supplier of the auto industry's first fully-automated suite of vehicle inspection systems.
  • Seeman had been senior vice president of OEM relations and national accounts at CarNow, Inc. in Atlanta.
  • Prior to CarNow he served as vice president of customer success and enterprise sales at CDK Global in Hoffman Estates, Illinois.
  • A pioneer in the development of automated vehicle-inspection systems, UVeye recently secured $100 million in additional funding to support major new sales, manufacturing and partnership initiatives in North America.

Former Volvo Exec Named Vice President for Strategic Partnerships at UVeye

Retrieved on: 
Tuesday, June 13, 2023

Current UVeye partners and investors include General Motors, Volvo, W.R. Berkley Corporation and CarMax

Key Points: 
  • Current UVeye partners and investors include General Motors, Volvo, W.R. Berkley Corporation and CarMax
    DETROIT and TEANECK, N.J., June 13, 2023 /PRNewswire/ -- Rick Bryant, formerly executive vice president of sales for Volvo Cars US, has joined UVeye as the company's executive vice president for strategic partnerships.
  • Existing investors that also participated in UVeye's latest round included GM Ventures, CarMax, W.R. Berkley Corporation and F.I.T.
  • Bryant served as executive vice president of sales operations for Volvo Cars US from 2013 through December of 2022.
  • Since its founding in 2016, the company has raised $200 million in investment capital and formed strategic partnerships with numerous automakers, dealership groups and used-car auctions.

International Industry Leaders Convene at Global Insurance Symposium

Retrieved on: 
Friday, June 2, 2023

DES MOINES, Iowa, June 02, 2023 (GLOBE NEWSWIRE) -- The 2023 Global Insurance Symposium brought together industry and regulatory leaders from around the world for three days of collaboration, networking and learning in Des Moines, Iowa, – the hub of the U.S. insurance industry.

Key Points: 
  • DES MOINES, Iowa, June 02, 2023 (GLOBE NEWSWIRE) -- The 2023 Global Insurance Symposium brought together industry and regulatory leaders from around the world for three days of collaboration, networking and learning in Des Moines, Iowa, – the hub of the U.S. insurance industry.
  • With the theme of “Thriving in a Changing World,” 500 attendees participated in relevant panels, networking opportunities, breakout sessions and more, gaining valuable insight and direction.
  • “The Global Insurance Symposium offered industry expert speakers and attendees the ideal setting for collaborative efforts as we continue to strengthen the insurance industry heading into the future,” said Jay Byers, President & CEO of the Greater Des Moines Partnership.
  • “Greater Des Moines is an insurance hub, and we were grateful to showcase the innovative work happening in this industry to a global audience.”
    The 2023 Global Insurance Symposium, held in April, featured many notable panelists and featured presenters, offering education and networking opportunities to insurance, insurtech and startup representatives.

AM Best Affirms Credit Ratings of Berkley International Seguros Mexico S.A.

Retrieved on: 
Thursday, June 1, 2023

AM Best has affirmed the Financial Strength Rating of A+ (Superior), the Long-Term Issuer Credit Rating of “aa-” (Superior) and the Mexico National Scale Rating of “aaa.MX” (Exceptional) of Berkley International Seguros Mexico S.A. (BSM) (Mexico City, Mexico).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior), the Long-Term Issuer Credit Rating of “aa-” (Superior) and the Mexico National Scale Rating of “aaa.MX” (Exceptional) of Berkley International Seguros Mexico S.A. (BSM) (Mexico City, Mexico).
  • Additionally, the ratings factor in BSM’s integration with its parent company, W. R. Berkley Corporation (W. R. Berkley), in terms of underwriting, ERM and capital commitments.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of Berkley International Fianzas Mexico S.A.

Retrieved on: 
Thursday, June 1, 2023

AM Best has affirmed the Financial Strength Rating of A+ (Superior), the Long-Term Issuer Credit Rating of “aa-” (Superior) and the Mexico National Scale Rating of “aaa.MX” (Exceptional) of Berkley International Fianzas Mexico S.A. (BFM) (Mexico City, Mexico).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior), the Long-Term Issuer Credit Rating of “aa-” (Superior) and the Mexico National Scale Rating of “aaa.MX” (Exceptional) of Berkley International Fianzas Mexico S.A. (BFM) (Mexico City, Mexico).
  • Additionally, the ratings factor in BFM’s integration with its parent company, W. R. Berkley Corporation (W. R. Berkley), in terms of underwriting, ERM and capital commitments.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .