GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE:WRB) today announced the appointment of Miklos F. Kallo as president of Berkley Regional Specialty. He succeeds Paul S. McAuliffe, who will retire at the end of the year after 15 years of service with W. R. Berkley Corporation. The appointment is effective immediately.
Mr. Kallo has served in senior executive positions at two operating units of W. R. Berkley Corporation since joining the organization in 1999. He has extensive experience in the insurance industry and holds a bachelor of science in accounting from Arizona State University.
W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, said: "Mick has a wealth of knowledge regarding the specialty insurance business and is an outstanding leader. Our agents and customers will benefit from this expertise as well as his experience at W. R. Berkley. Paul has done an excellent job in building Berkley Regional Specialty’s presence as an important excess and surplus lines provider for W. R. Berkley agents over the past 7 years and we are pleased that he will continue during the transition."
Berkley Regional Specialty provides excess and surplus lines coverage on a national basis to small to medium-sized insureds with low to moderate insurance risk. Its product lines include general liability, liquor liability and some property and inland marine coverage. It serves a limited distribution channel consisting of select agents for W. R. Berkley Insurance Group member companies. For further information about the products and services available through Berkley Regional Specialty, please visit www.brsic.com.
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty business: Insurance and Reinsurance.