W. R. Berkley Corporation Elects Daniel L. Mosley as a Director

Rhea-AI Summary

W. R. Berkley Corporation (NYSE: WRB) announced the election of Daniel L. Mosley as a director, effective January 1, 2023. This decision increases the Board of Directors to ten members, with eight being independent. Mr. Mosley is currently a partner at BDT & Company and has extensive experience in leadership roles, including positions at Cravath, Swaine & Moore LLP and various non-profits. Founded in 1967, W. R. Berkley is a leading insurance holding company in the U.S., focusing on commercial lines and operating globally.

Positive

• Appointment of Daniel L. Mosley enhances board experience and independence.
• Increase in board size may strengthen strategic decision-making.

Negative

• None.

GREENWICH, Conn.--(BUSINESS WIRE)-- W. R. Berkley Corporation (NYSE: WRB) today announced that its Board of Directors has elected Daniel L. Mosley as a director effective January 1, 2023, increasing the number of board members to ten and the number of independent directors to eight.

Mr. Mosley is a Partner at BDT & Company, a merchant bank established in 2009, and serves on the firm’s Executive Committee. Prior to joining BDT, Mr. Mosley was a partner at Cravath, Swaine & Moore LLP. Mr. Mosley is Chairman of the Board of the Pinkerton Foundation and former Chairman of the Board of Directors of Greenwich Hospital. He is also on the boards of various New York City not-for-profit organizations, including the Paley Center, Madison Square Boys & Girls Club, Inc., the William S. Paley Foundation, the Edward John Noble Foundation, the Thomas J. Watson Foundation and the William E. Simon Foundation. Mr. Mosley received a BS from the University of Alabama, a JD from the University of Alabama Law School and an LLM from New York University School of Law.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221212005126/en/

Karen A. Horvath

Vice President – External Financial Communications

203-629-3000

Source: W. R. Berkley Corporation

FAQ

Who is the newly elected director of W. R. Berkley Corporation?

Daniel L. Mosley was elected as a director of W. R. Berkley Corporation.

When was Daniel L. Mosley elected as a director?

He was elected effective January 1, 2023.

How many members are on the Board of Directors of W. R. Berkley Corporation now?

The Board of Directors now has ten members.

What is the significance of having eight independent directors on the board?

Having eight independent directors enhances governance and oversight.

What is the primary business of W. R. Berkley Corporation?

W. R. Berkley Corporation is an insurance holding company focused on commercial lines of property casualty insurance.