W. R. Berkley Corporation Names Christopher H. Balch President of Berkley Technology Underwriters

Rhea-AI Summary

W. R. Berkley Corporation (NYSE: WRB) announces Christopher H. Balch as president of Berkley Technology Underwriters, succeeding Matthew A. Mueller, who becomes chairman. Balch brings 20 years of experience in property and casualty insurance, with a focus on commercial insurance. Mueller, who led Berkley Technology Underwriters since 2011, will continue as chairman. The company is a leading provider of property, casualty, and professional insurance coverages for technology clients worldwide.

GREENWICH, Conn.--(BUSINESS WIRE)-- W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Christopher H. Balch as president of Berkley Technology Underwriters, a Berkley company. He succeeds Matthew A. Mueller, who has been named chairman of the business. The appointments are effective immediately.

Mr. Balch joins Berkley Technology Underwriters with nearly 20 years of experience in the property and casualty insurance industry. He has extensive leadership experience, most recently in insurance distribution. His prior experience includes various technical and management roles at a leading national insurance company with a particular focus in the commercial insurance market.

Mr. Mueller joined Berkley as president of Berkley Technology Underwriters when it was formed in 2011. Under his leadership, the business has grown to become an important participant in the market for technology coverages. As chairman, he will support the Berkley Technology Underwriters team through the transition and remain a key member of the W. R. Berkley Corporation team.

Commenting on the appointment W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, said, “We are extremely grateful to Matt for his outstanding contributions to our organization. He was instrumental in the establishment and development of Berkley Technology Underwriters, and we are fortunate to have him continuing as chairman of the business. Chris is an accomplished executive, and we are excited to have him lead the talented Berkley Technology Underwriters team going forward.”

Berkley Technology Underwriters is a leading provider of property, casualty and professional insurance coverages for clients with technology exposure and technology firms worldwide. Please visit www.berkley-tech.com for more information.

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.

Products and services are provided by W. R. Berkley Corporation’s subsidiaries and businesses. Businesses are not typically legal entities, but for marketing purposes may sometimes be referred to individually as “a Berkley company” or collectively as “Berkley companies”.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231113637457/en/

Karen A. Horvath

Vice President – External

Financial Communications

203-629-3000

Source: W. R. Berkley Corporation

FAQ

Who is the new president of Berkley Technology Underwriters?

Christopher H. Balch is the new president of Berkley Technology Underwriters.

What is the focus of Berkley Technology Underwriters?

Berkley Technology Underwriters provides property, casualty, and professional insurance coverages for technology clients worldwide.

Who is the new chairman of Berkley Technology Underwriters?

Matthew A. Mueller is the new chairman of Berkley Technology Underwriters.