W. R. Berkley Corporation announced that the U.K. Financial Services Authority (FSA) and Lloyd’s of London have approved W.R. Berkley Syndicate Management Limited’s assumption of the management of W.R. Berkley Syndicate 1967, effective June first.
It replaces the “turnkey” syndicate management agreement established when the syndicate commenced in 2009. Berkley said it “now has a fully integrated Lloyd’s platform, which complements its worldwide operations.”
Chairman and CEO William R. Berkley stated: “We are pleased to offer the capabilities of an integrated Lloyd’s platform for Syndicate 1967. W. R. Berkley Corporation has had a long and profitable association with Lloyd’s, and we have the utmost confidence in our team’s ability to fully develop this expanded role.”
Source: W. R. Berkley Corp.
Topics Excess Surplus Lloyd's
Was this article valuable?
Here are more articles you may enjoy.
Travelers: Aging Workforce, New Employees Drive Complexity in Injury Claims 
Some College Finals Delayed After Canvas Online Platform Hacked 
Florida Governor Signs Bill Dropping Building Permits for Work Valued at $7,500 or Less 
After Greg Biffle Plane Crash, Police Think ‘Friends’ Stole From His NC Home 
