W. R. Berkley introduces Berkley Embedded Solutions

W. R. Berkley Corporation announced the formation of Berkley Embedded Solutions to deliver tailored insurance products and services to customers at the point of purchase.

This new business will bring together the best of modern technology, purpose-built digital-first insurance products, and complementary services with Berkley’s strong underwriting culture and reach. Stephanie Lloyd has been named president of the new business, effective immediately.

Lloyd, previously CEO of LiveWell by Zurich and prior to that president of Toggle Insurance, joins Berkley with 20 years of experience in the property and casualty insurance business, with leadership roles that spanned underwriting, product development, and distribution.

“Stephanie is recognized as a pioneer in the embedded insurance market, having launched and scaled a successful embedded platform serving customers across several global consumer brands. Berkley Embedded’s value proposition will be offering traditional insurance industry expertise while simultaneously meeting customers where they want to be met. We are delighted to have Stephanie lead Berkley’s efforts along this important frontier.” – W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation.