W. R. Berkley Corporation forms Berkley Specialty Excess

W. R. Berkley Corporation announced the formation of Berkley Specialty Excess to offer excess liability coverages in specialized markets, with an initial focus on the environmental and energy industries. John Termini has been named president of the new business, effective immediately.

Termini has nearly 30 years of experience in the property and casualty insurance market, with a focus in the environmental and energy sectors. Throughout his career, he has held various executive and leadership positions, and most recently served as the head of the environmental and energy division of a global specialty (re)insurer. He holds a Bachelor of Science in environmental biology from Salem State University.

“The specialty excess market continues to offer attractive opportunities. John brings to Berkley deep expertise and experience in his areas of focus and we are excited to welcome him to the team.” – W. Robert Berkley, Jr., president and CEO of W. R. Berkley Corporation.