Charles E. Thompson has been named president of W.R. Berkley’s new Berkley Management Protection. The new operating unit is a modular suite of management liability products to be delivered through a proprietary, bespoke, and easy-to-use platform tailored to independent agents. It will provide on-demand quoting capabilities with instant access to technical underwriting expertise, enabling independent agents to be exceptionally responsive in serving their customer’s needs.
Mr. Thompson brings over 26 years of management experience both domestically and internationally to his new position, which focused on building start-up organizations, launching new products and establishing new distribution models for all lines of management liability and property and casualty insurance products. Prior to W.R. Berkley, Mr. Thompson spent eight years at Travelers and twelve years with Chubb. He holds a Master of Business Administration degree from Boston University and a Bachelor of Arts degree from the University of California, Berkeley.
In commenting on Mr. Thompson’s appointment, W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, said, “We are pleased to add another operating unit to our group. Berkley Management Protection will leverage a proprietary platform built on sophisticated analytics to deliver an enhanced user experience to independent agents and, by extension, insureds. This business will complement our existing operations in the professional liability space as we continue to broaden our offerings that serve growing parts of the U.S. economy. Charles has an outstanding track record of building professional liability businesses. Undoubtedly, he and his highly-skilled team will bring great value to the marketplace and our shareholders. We are pleased to welcome him to Berkley.”
More about W.R. Berkley
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.