Berkley Offshore Underwriting Managers, a subsidiary of W. R. Berkley Corporation, has announced the launch of an ocean cargo product line within its marine division.
This new product will focus on providing coverage for cargo in transit, cargo stock throughput, and project cargo as offerings to US domiciled companies.
Mark Bernas has been named vice president with responsibility for the new product line.
He has nearly 25 years of experience in the marine insurance industry and most recently served as executive vice president for a major managing general agency.
“I am excited to join the fantastic team at Berkley Offshore,” said Bernas.
“The opportunity to further enhance the expertise within the marine division is extraordinary and I look forward to working with our valued trading partners to offer best in class service, underwriting, and claims at a critical time for the U.S. cargo market.”
Brian Murphy, head of marine for Berkley Offshore Underwriting Managers, also commented, “The establishment of this new division will enable us to expand our footprint in ocean marine at a particularly good time.”
“Mark has a solid track record and a wealth of expertise in all aspects of ocean cargo insurance,” Murphy added. “The launching of this product line rounds out our ocean marine platform and complements our established hull and liability products.”
