W. R. Berkley Corporation Forms Berkley Edge

Appoints Jamie Secor as President

GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today announced the formation of Berkley Edge, a new business dedicated to providing professional liability and casualty insurance for small to mid-sized businesses. Berkley Edge will focus on addressing the needs of hard-to-place and distressed risks, offering coverage exclusively through wholesale brokers. Jamie Secor has been named president of the new business.

“We are deepening our commitment to the excess and surplus lines market by creating a sustainable platform tailored to small and mid-sized businesses with particularly challenging risk profiles,” said W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation. “Demand for professional liability and casualty solutions in this segment continues to grow, and Berkley Edge is positioned to deliver responsive, targeted coverage with exceptional service. Jamie is a proven leader whose expertise and vision will be instrumental in delivering a compelling value proposition to our clients and broker partners. We are excited to welcome her to the team.”

During her 25-year career in the insurance industry, Ms. Secor has held various executive and leadership positions, having most recently served as chief underwriting officer at a respected specialty lines property and casualty insurance company. She has an extensive background in underwriting and finding solutions for hard-to-place risks.

For further information about products and services available from Berkley Edge, please contact Jamie Secor at [e-mail].

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 insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com.

This is a “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including statements related to our outlook for the industry and for our performance for the year 2025 and beyond, are based upon the Company's historical performance and on current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us or any other person that the future plans, estimates or expectations contemplated by us will be achieved. They are subject to various risks and uncertainties, including but not limited to, the success of our new ventures or acquisitions and the availability of other opportunities, our ability to attract and retain key personnel and qualified employees, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. These risks could cause actual results of the industry or our actual results for the year 2025 and beyond to differ materially from those expressed in any forward-looking statement made by or on behalf of the Company. Any projections of growth in the Company's revenues would not necessarily result in commensurate levels of earnings. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued.