Berkley Re Unveils New Division for Reinsured Turnkey Solutions
Berkley Re, a visionary in reinsurance services, proudly announces the establishment of its latest division: Berkley Re Turnkey Solutions. This new arm is crafted to offer comprehensive reinsured turnkey solutions tailored for carriers, Managing General Agents (MGAs), Program Administrators (PAs), and InsurTech enterprises.
This division is set to enhance Berkley Re’s reinsurance offerings by providing scalable and effortlessly implementable solutions backed by extensive industry acumen. Building upon its previous triumphs in the reinsured turnkey arena, Berkley Re is now channeling resources to amplify this segment of its reinsurance operations.
The newly minted division will persist in offering an extensive range of reinsured turnkey solutions spanning both commercial and personal lines. This includes specialized products such as Cyber Insurance, Employment Practices Liability Insurance (EPLI), Contractors Professional (E&O), Crime Insurance, and coverage for Workplace Violence and Violent Events in personal lines.
Alongside a strong suite of existing products, Berkley Re remains committed to collaboration with partners to innovate and identify fresh solutions. “We are thrilled to invest in and expand this key area of our portfolio. Assisting partners in launching new lines of coverage, powered by our comprehensive services, is a thrilling venture for our team,” expressed Christopher Ellis, Senior Vice President and Head of Turnkey Solutions.
Ellis further emphasized, “We focus on assembling the best people, products, and processes, ensuring a seamless business experience. This launch reaffirms our dedication to delivering cutting-edge, reliable solutions to our clients and reinsurance broker partners. We eagerly anticipate equipping our partners with unparalleled experience, tools, and innovations, fortified by the enduring strength and dependability of Berkley Re.”
