W. R. Berkley Corporation
Our Business
 
Berkley International Argentina

Eduardo Llobet

President & Chief Executive Officer
Berkley International Latinoamerica

Eduardo Llobet joined W. R. Berkley Corporation in 1995. He has 28 years of experience in the insurance market, and previously managed a major Argentine property casualty company.

Berkley International do Brasil Seguros S.A.

Officers

Jose Marcellino Risden

Chief Executive Officer

Jose Bailone Junior

Chief Operating Officer

Luiz Claudio de Genova

Chief Financial Officer

Luciana Natividade Motta Sousa

Chief Marketing Officer

Danile Lemos Bellini

Senior Surety Underwriting Manager

Alexandro Barbosa Sanxes

Senior Engineering Underwriting Manager

Sidney Cesare Junior

Senior Cargo Underwriting Manager

Fransisco Cesar Sales Pinheiro

Rio de Janeiro Regional Manager

Antonio Claudio do Oliveira Rodrigues

Belo Horizonte Regional Manager

Lucas da Silva Villas Boas

Salvador Regional Manager

Company At-A-Glance PDF

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Berkley International LatinoAmerica

Berkley International LatinoAmerica is a leading provider of property, liability, surety, group life & health and workers' compensation insurance products and services in Argentina, Brazil and Uruguay.

Berkley International do Brasil Seguros S.A.

Berkley International do Brasil Seguros is one of the leading providers of surety/bond and engineering insurance products and services in Brazil with regional distribution presence. A cargo line of business has been developed to be introduced in the market in 2010.

Our Mission

Our goal is to provide high quality products and services for surety/bond, engineering/liability and cargo/marine line of business, improving the broker-client long lasting relationship.

Company Description

Berkley International do Brasil Seguros S.A. began operations in Brazil in 2006. It specializes in the surety/bond, engineering/liability and cargo/marine business, providing products and services nationwide, through its head office in Săo Paulo, with a presence in all major regions of Brazil through brokers and agents.

This proximity to local markets provides Berkley International do Brasil Seguros with a strong competitive advantage in the regional arena. Over the past years it expanded its regional positioning with offices in Rio de Janeiro, opened in 2007; Belo Horizonte, in 2008 and Salvador in 2009 in order to improve our products distribution and to increase market penetration.

How Berkley International do Brasil Seguros is Different

Our business philosophy is oriented towards creativity, technological innovations, flexibility and agility, providing our clients with solutions beyond their expectations.

Accountability We encourage our employees to take initiative in providing the highest quality care and service to our customers. We focus on the needs of our customers, agents, representatives and suppliers.

People-Oriented Strategy Due to our flexible operating structure, we are able to personalize local business contacts and focus on quality of service and risk management. We combine the resources and skills of a large corporation with the agility and flexibility of a small company. We believe our success is due our close contact with our customers and our full understanding of their insurance needs.

Responsible Financial Practices Rating A- (bra) provided by Austin Ratings.

Distribution

With headquarters in Sao Paulo and branches in Rio de Janeiro, Belo Horizonte and Salvador, we are present in major markets throughout Brazil through representative offices and agents.

About W. R. Berkley Corporation

W. R. Berkley Corporation, founded in 1967, is one of the nation's premier commercial lines property casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively to changing market conditions and local customer needs. This decentralized structure provides financial accountability and incentives to local management and enables us to attract and retain the highest caliber professionals. We have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.

Contact Information

For additional information, please contact us at the address of our home office.

Berkley International do Brasil Seguros

Rua Olimpiadas 200, 11° Andar, 04551-000-Vila
Tel: 55 11 3848 8622
Fax: 55 11 3848 8633
berkley@berkley.com.br

www.berkley.com.br

Financial Highlights

The following financial data is based on Berkley International do Brasil Seguros US GAAP Consolidated Financial Statements for the years ended December 31, 2009 and 2008.

Financial Data
(In Brazilian Reals)

 
2009
 
Total Assets
Total Stockholders’
Equity
Direct Premiums Written
Net Income
Return on Equity
112,800,418  

23,930,751  

44,887,879  
477,143  
2.4%  

 
2008
 
Total Assets
Total Stockholders’
Equity
Direct Premiums Written
Net Income
75,758,666  

19,523,516  

56,514,948  
(1,034,955)