W. R. Berkley Corporation Establishes Branch Office of Berkley Insurance Company in India
19 Décembre 2024 - 3:15PM
Business Wire
W. R. Berkley Corporation (NYSE: WRB) announced today
that Berkley Insurance Company has received approval from the
International Financial Services Centres Authority (IFSCA) for the
establishment of a branch office in India. The new branch, Berkley
Insurance Company, IFSC Branch GIFT City, Gujarat, marks a
significant milestone for Berkley Insurance Asia as it continues to
expand its presence in the region.
Unnati Bajpai has been named chief executive officer and
principal officer of the IFSC Branch. Ms. Bajpai is a highly
respected insurance practitioner with extensive experience in the
industry. She will be joining the Berkley Insurance Asia leadership
team and working closely with Mr. Shasi Nair, chief executive
officer of Berkley Insurance Asia.
W. Robert Berkley, Jr., president and chief executive officer of
W. R. Berkley Corporation, commented, “We are pleased to welcome
Ms. Bajpai to Berkley. She will be instrumental in establishing the
Berkley team in India as we prepare to begin operations in 2025.
Our entry into the Indian market underscores our commitment to
selectively developing our business in Asia. We look forward to
bringing our specialty insurance products to the Indian
market.”
Founded in 1967, W. R. Berkley Corporation is an insurance
holding company that is among the largest commercial lines writers
in the United States and operates worldwide in two segments of the
property casualty insurance business: Insurance and Reinsurance
& Monoline Excess.
For further information about W. R. Berkley Corporation, please
visit www.berkley.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241219735973/en/
Karen A. Horvath Vice President – External Financial
Communications 203-629-3000
WR Berkley (NYSE:WRB)
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