W.R. Berkley Corporation is an insurance holding company based in Greenwich, Connecticut, established in 1967. The company operates primarily in two segments: Insurance and Reinsurance. The Insurance segment underwrites a diverse range of commercial insurance products, including general liability, workers' compensation, professional liability, and commercial automobile coverage. It also offers specialized insurance solutions for various sectors, such as technology, health care, and environmental risks, as well as personal lines like home and automobile insurance. Additionally, it provides accident and health insurance, excess liability coverage, and cyber risk solutions. The Reinsurance segment assists other insurance companies and self-insured entities in managing their risk through treaty and facultative reinsurance arrangements. W.R. Berkley is recognized for its comprehensive approach to addressing commercial risks both domestically and internationally.
American Mining Insurance Company provides insurance products for mining and affiliated industries in the United States.
Garnet Captive
Acquisition in 2006
Garnet Captive Services, LLC specializes in designing, managing, and marketing insurance solutions tailored for insurance, reinsurance, and captive management sectors. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, with additional offices in California, the company focuses on creating open group captive programs aimed at mid-sized employers who wish to manage their insurance expenses effectively. Garnet Captive also provides consulting services to employers interested in establishing captive or rent-a-captive programs. The firm primarily targets the workers' compensation market and collaborates with a network of retail brokers to deliver its services. Through its customized programs, Garnet Captive offers clients long-term pricing stability and opportunities for cost reductions, while also enabling them to benefit from potential underwriting profits. As of 2006, Garnet Captive operates as a subsidiary of Berkley Risk Administrators Company LLC.
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