W. R. Berkley Corporation has announced the appointment of Maureen Hackett as President of Berkley Luxury Group, its division focused on upscale residential condo, co-op and rental properties and fine dining restaurants.
She takes over the role from William Johnston, who has been appointed as Chairman of Berkley Luxury Group.
Hackett most recently served as Head of Global Personal Lines at AIG, and has more than 30 years’ experience in the property and casualty market.
Johnston, meanwhile, joined Berkley Luxury Group as President in 2007.
He will continue to support Hackett and the Berkley Luxury Group team throughout the transition, and will be involved in other Berkley initiatives and activities over time.
“Maureen is a proven leader and brings an important perspective to the team, having worked extensively with our insureds’ clients,” said Robert Berkley, Jr., President and CEO of W. R. Berkley Corporation. “We are fortunate to have her join us as we continue to build our franchise.”
“Bill has been an outstanding leader within our organization whose talents have positioned us as the premier insurer in these selected specialty markets,” Berkley added. “We are pleased that he will continue to work with the team at Berkley Luxury Group and be involved in other initiatives within our enterprise.”