Reinsurance News

W. R. Berkley launches enterprise risk solutions firm

28th June 2022 - Author: Daniel Jackson

W. R. Berkley has announced the formation of Berkley Enterprise Risk Solutions, a new business focusing on providing workers’ compensation insurance to large businesses headquartered in California.

BerkleyWayne Bryan will lead the new business, and Hale Johnston has been appointed COO.

Bryan has worked in workers’ compensation in California for almost 35 years. Most recently, he led the enterprise large account business unit for a western-based, super-regional commercial insurance company.

Johnston has held various executive and leadership positions in his 30 year career in insurance, implementing new technology platforms, consolidated operations and brining in new streams of revenue. He has served on the Board of Governors for the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) and as chairman of the Board of Directors for the California Workers’ Compensation Institute (CWCI).

Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, said: “Berkley Enterprise Risk Solutions will offer specialized workers’ compensation solutions to California-based clients with sophisticated risk management capabilities and interests.”

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“We are pleased to be expanding our expertise to this segment of the market with dedicated capabilities and expertise. Wayne and Hale both have extensive backgrounds and a wealth of knowledge in the large account California workers’ compensation space.”

“We are confident that they will provide outstanding leadership to their new team as they deliver exceptional solutions to the market. We are excited to welcome them to Berkley.”

The company recently expanded its insurance portfolio into the US states of Delaware, Montana, South Carolina, and Wyoming.

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