OverviewSuggest Edit

W. R. Berkley is a financial services company focused on the property and casualty insurance business. It operates through two segments: Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites insurance business, including premises operations, commercial automobile, property, products liability, and professional liability lines. This segment also provides commercial insurance products and services to small-to-midsized businesses. The Reinsurance & Monoline Excesssegment provides other insurance companies with assistance in managing their net risk.

TypePublic
Founded1967
HQGreenwich, CT, US
Websiteberkley.com
Employee Ratings3

Locations

W.R. Berkley is headquartered in
Greenwich, United States

Location Map

Latest Updates

Employees (est.) (Jan 2020)7,493
Job Openings289
Revenue (FY, 2020)$8.1 B(+3%)
Share Price (May 2021)$81.4(+2%)
Cybersecurity ratingAMore

Key People/Management at W.R. Berkley

W. Robert Berkley

W. Robert Berkley

Chief Executive Officer and President
William R. Berkley

William R. Berkley

Executive Chairman
Richard M. Baio

Richard M. Baio

Executive Vice President Chief Financial Officer and Treasurer
Lucille T. Sgaglione

Lucille T. Sgaglione

Executive Vice President
James G. Shiel

James G. Shiel

Executive Vice President Investments
James P. Bronner

James P. Bronner

Executive Vice President
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W.R. Berkley Office Locations

W.R. Berkley has offices in Greenwich, Albany, Appleton, Arlington and in 75 other locations
Greenwich, CT, US (HQ)
475 Steamboat Rd
Albany, NY, US
30 S Pearl St 6th floor
Appleton, WI, US
2935 N Ballard Rd
Arlington, VA, US
2111 Wilson Blvd
Atlanta, GA, US
2 Ravinia Dr NE
Bellevue, WA, US
13920 SE Eastgate Way #120
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W.R. Berkley Financials and Metrics

W.R. Berkley Revenue

W.R. Berkley's revenue was reported to be $8.1 b in FY, 2020
USD

Revenue (Q1, 2021)

2.2b

Gross profit (Q1, 2021)

1.0b

Gross profit margin (Q1, 2021), %

48%

Net income (Q1, 2021)

231.7m

Market capitalization (7-May-2021)

15.1b

Closing stock price (7-May-2021)

81.4

Cash (31-Mar-2021)

2.0b
W.R. Berkley's current market capitalization is $15.1 b.
Annual
USDFY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

4.7b5.2b6.4b7.1b7.2b7.7b7.7b7.7b7.9b8.1b

Revenue growth, %

11%1%6%

Cost of goods sold

2.3b2.7b3.7b4.0b4.0b4.1b4.5b

Gross profit

2.4b2.5b3.6b3.7b3.7b3.8b3.6b
USDQ2, 2010

Financial Leverage

4.7 x
Show all financial metrics

W.R. Berkley Operating Metrics

W.R. Berkley's Reported Claims, units was reported to be 159 in FY, 2016.
FY, 2014FY, 2015FY, 2016

Countries

616161

Customers (Preferred Employers Insurance)

12 k12 k12 k

Reported Claims, units

183186159

Workers' Compensation Cases Received

515249
Show all operating metrics

W.R. Berkley Revenue Breakdown

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W.R. Berkley revenue breakdown by business segment: 84.0% from Insurance, 9.7% from Reinsurance and 6.3% from Corporate & Other

W.R. Berkley Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

W.R. Berkley Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

W.R. Berkley Online and Social Media Presence

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W.R. Berkley Frequently Asked Questions

  • When was W.R. Berkley founded?

    W.R. Berkley was founded in 1967.

  • Who are W.R. Berkley key executives?

    W.R. Berkley's key executives are W. Robert Berkley, William R. Berkley and Richard M. Baio.

  • How many employees does W.R. Berkley have?

    W.R. Berkley has 7,493 employees.

  • What is W.R. Berkley revenue?

    Latest W.R. Berkley annual revenue is $8.1 b.

  • What is W.R. Berkley revenue per employee?

    Latest W.R. Berkley revenue per employee is $1.1 m.

  • Who are W.R. Berkley competitors?

    Competitors of W.R. Berkley include ProSight Global, Cincinnati Financial Corporation and Alleghany Corporation.

  • Where is W.R. Berkley headquarters?

    W.R. Berkley headquarters is located at 475 Steamboat Rd, Greenwich.

  • Where are W.R. Berkley offices?

    W.R. Berkley has offices in Greenwich, Albany, Appleton, Arlington and in 75 other locations.

  • How many offices does W.R. Berkley have?

    W.R. Berkley has 99 offices.