W. R. Berkley forms Berkley Management Protection

Commercial insurer W. R. Berkley announced the formation of Berkley Management Protection, to deliver a modular suite of management liability products through an innovative and easy-to-use platform tailored to independent agents. A proprietary, bespoke software platform will provide on-demand quoting capabilities with instant access to technical underwriting expertise, enabling independent agents to be exceptionally responsive in serving their customer’s needs.

Charles E. Thompson has been named president of the new operating unit. Mr. Thompson brings over 26 years of management experience both domestically and internationally, focused on building start-up organizations, launching new products and establishing new distribution models for all lines of management liability and property and casualty insurance products. He holds a Master of Business Administration degree from Boston University and a Bachelor of Arts degree from the University of California, Berkeley.

“We are pleased to add another operating unit to our group. Berkley Management Protection will leverage a proprietary platform built on sophisticated analytics to deliver an enhanced user experience to independent agents and, by extension, insureds. This business will complement our existing operations in the professional liability space as we continue to broaden our offerings that serve growing parts of the U.S. economy. Charles has an outstanding track record of building professional liability businesses. Undoubtedly, he and his highly-skilled team will bring great value to the marketplace and our shareholders. We are pleased to welcome him to Berkley.” – W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley.