Berkley Regional
Specialty Insurance Company

Our Mission

We simplify the surplus lines insurance equation by providing “one stop shopping” for independent agencies to enhance the value that W. R. Berkley Corporation provides the producer and the ultimate customer, the insured. Berkley Regional Specialty Insurance Company will realize time and cost savings for the benefit of all constituents - producers, insureds, and shareholders – while effectively and efficiently directing the flow of business within the W. R. Berkley group.

Company Description

Berkley Regional Specialty Insurance Company (BRSIC) was formed in 2005 to offer their customers direct access to a surplus lines market which otherwise would not be available from another W. R. Berkley Company. BRSIC operates autonomously to provide surplus lines products which complement the goals and objectives of the W. R. Berkley Regional Group of Companies. In addition, BRSIC is committed to affording unparalleled service to their contracted independent retail agencies. Approximately 85% of gross written premiums are comprised of commercial general liability, while the remaining 15% are commercial property and inland marine. Our product offerings and risk acceptance will expand over time as our growth escalates. Additionally, rate adequacy is continuously monitored through extensive actuarial review.

How Berkley Regional Specialty Insurance Company is Different

BRSIC affords the opportunity to satisfy more of the independent agencies’ risk placement needs. This is done by providing contracted producers with an excess and surplus lines product offering for difficult-to-place risks to complement the admitted/standard lines business they currently place with W. R. Berkley Regional companies.

TrustFrom the beginning, producers benefit from the existing W. R. Berkley relationship.

RelationshipProducers are empowered with trust and confidence focused on mutual success.

UnderstandingCustomers needs are a priority. We listen, we review and we take prudent action.

Superior ServiceTimely quotes within five days or less for policy issuance and endorsements.

Transactionsare made simple, from the new risk submission to delivering the policy.

ExpertiseIndustry professionals from admitted and surplus lines backgrounds.

Distribution

BRSIC distributes its products through licensed independent retail agencies that hold a surplus lines license in each state where they transact business. Contracts in each state will be limited to a select number of producing agencies, thereby making the contract with BRSIC more exclusive while adding value. Contracted producers will be recruited through current successful business relationships with the W. R. Berkley Regional Group of Companies and their potential to develop surplus lines business for BRSIC.

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 on Berkley Regional Specialty Insurance Company, please contact us at our home office:

14902 N. 73rd Street
Scottsdale, AZ 85260 (physical address)

P.O. Box 28333
Scottsdale, AZ 85255 (mailing address)

Toll free: (866) 41BRSIC (412-7742)
Tel: (480) 444-5950
Fax: (480) 607-2991

Producer website: www.brsic.com