W. R. Berkley Corporation
Our Business
 
Berkley International Argentina

Eduardo Llobet

President & Chief Executive Officer

Eduardo Llobet joined W. R. Berkley Corporation in 1995. He has 31 years of experience in the insurance market, and previously managed a major Argentine property casualty company.

Officers

Eduardo Llobet

President & Chief Executive Officer

Ricardo Gonzalez

Executive Vice President

Fernando Sellei

Chief Marketing Officer

Claudio Allende

Chief Operating Officer

Gabriel Rodriguez

Chief Claims Officer

Raul Piermarini

Chief Financial Officer

Cristian Abudd

Chief Information Officer

Alejandro Bruce

Workers Compensation
General Manager

Rodrigo Sanz

Surety Director

Diego Comolli

Engineering Senior Underwriter

Alberto Tettamanti

Agricultural Risks Director


Regional Managers

Lisandro Gayol

Litoral Regional Manager

Marcelo Andri

Middle & Northwestern Regional
Manager

Maximiliano Rodríguez

Cuyo Regional Manager


Berkley International Uruguay

Eduardo Llobet

President

Alvaro Miguel

Chief Executive Officer

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 Argentina

Berkley International Seguros and Berkley International ART are the leading providers of property, liability, surety, group life and related, and workers' compensation insurance products and services on a multi-regional basis in Argentina.

Our Mission

Our goal is to become the most reliable and dependable provider of insurance products and services in Argentina. Our entrepreneurial spirit allows us the creativity to innovate, and the flexibility to generate opportunities.

Company Description

Berkley International Latinoamerica (BILSA), through its operating companies, Berkley International Seguros (BIS) and Berkley International ART (BIART), offers a wide variety of property, liability, surety, group life and related lines, and workers’ compensation insurance products and services designed to meet the needs of individuals and businesses.

Our multi-regional organizational concept, with its decentralized structure of autonomous regional units, has allowed us to successfully understand and respond to local market needs, trends and opportunities. Berkley International Seguros provides property and liability insurance and surety, group life and related products, while workers’ compensation coverage and services are provided through Berkley International ART.

How Berkley International Seguros and Berkley International ART Are Different

Our business philosophy is one of continuous innovation, introducing new products and services that exceed our customers’ highest expectations. We rely on flexible administrative structures and advanced technological systems to provide the highest quality marketing and underwriting functions. This is combined with a service-oriented claims management and resolution approach that is as close to the clients as possible.

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 to understanding the insurance needs of our customers and our close contact with them.

Responsible Financial Practices Although we have had rapid growth, we have sustained a healthy financial position that provides us with flexibility and support. This sound financial position is reflected in our AA rating given by Fitch Ratings Argentina in December 2010, which has reported that our “capacity for timely payment of claims is very solid within the country.”

Distribution We have developed an operational platform managed by three main regional profit centers - Rosario, Buenos Aires and Cordoba - which operate in five regions:

  • Buesno Aires Region: Buenos Aires City and Greater Buenos Aires.
  • Litoral Region: Rosario, Santa Fe, Formosa, Chaco, Corrientes, Entre Rios, Misiones, and North of Buenos Aires Province.
  • Middle & Northwestern Region: Cordoba, La Rioja, Catamarca, Tucuman, Salta, Jujuy, and Santiago del Estero.
  • Cuyo Region: Mendoza, San Juan and San Luis.
  • Austral Region: Center and South of Buenos Aires Province (Mar del Plata and Bahia Blanca areas), La Pampa, Neuquen, Chubut, Rio Negro, Santa Cruz and Tierra del Fuego.

Products In personal lines, we offer insurance services and products for individuals including, but not limited to, homeowners, automobile, theft and personal liability. In commercial lines, we offer specific policies to cover the needs of businesses and professionals, including but not limited to, engineering, surety, workers’ compensation, group life and related, fire, hail, automobile, third party liability and cargo & marine.

Contact Information

For additional information, please contact us at the address of our home office, our web site www.berkley.com.ar, or at any of our regional offices via telephone, fax or email.

Berkley International Seguros (Argentina)

Rosario
Bartolomé Mitre 699
Tel: 54 0341 410 4200
Fax: 54 0341 410 4266
ros@berkleyseguros.com

Buenos Aires
Berkley Tower
Carlos Pellegrini 1023
Tel: 54 011 4378 8100
Fax: 54 011 4378 8189
bue@berkleyseguros.com

Córdoba
Av. Colon 675
Tel/Fax: 54 351 526 4500
cba@berkleyseguros.com

Santa Fe
San Martín 2698
Tel/Fax: 54 0342 453 6391 / 452 4411
sfe@berkley.com.ar

Mendoza
España 818
Tel/Fax: 54 0261 429 0470 / 429 2338 /
423 0397
mza@berkley.com.ar

Mar del Plata
Santiago del Estero 1495
Tel/Fax: 54 0223 494 4280/89
mdp@berkley.com.ar

Bahía Blanca
Av. Colón 397
Tel/Fax: 54 0291 455 1500
bahia@berkley.com.ar

Rio Grande
El Cano 909
Tel/Fax: 054 2964 43 3727 / 3541
rg@berkleyseguros.com

Ushuaia
Gobernador Paz 601
Tel/Fax: 54 2901 42 5196 / 5082
ush@berkleyseguros.com

Berkley International Seguros (Uruguay)

Juncal 1305, Apto 101
11000 - Montevideo, Uruguay
Tel: (598)2 916 6998
Fax: (598)2 916 5196
mvd@berkleyseguros.com
www.berkley.com.uy

Financial Highlights

The following financial data is based on BIA US GAAP Consolidated Financial Statements for the year ended December 31, 2010 and 2009.

Financial Data
(In Argentine Pesos)

 
2010
 
Total Assets
Total Stockholders’
Equity
Direct Premiums Written
Net Income
Return on Equity
1,095,246,866  

367,774,187  

664,145,216  
68,228,639  
24.2%

 
2009
 
Total Assets
Total Stockholders’
Equity
Direct Premiums Written
Net Income
Return on Equity
1,368,719,281  

450,583,148  

871,802,484  
55,411,710  
15.1%