W. R. Berkley Corporation
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Facultative ReSources, Inc.

Gerald S. King

President

Gerald S.King

Gerald (“Jerry”) S. King is president of Facultative ReSources. Jerry has nearly 40 years of experience in casualty insurance and reinsurance, with a particular emphasis on the casualty facultative market. He has held senior management positions with a number of reinsurance companies. His responsibilities have ranged from the management of start-up operations in the U.S. to managing facultative operations on a nationwide and global basis.

Officers

Gerald S. King

President

Joseph L. Sullivan

Executive Vice President
Chief Operating Officer

James H. Crutchley

Executive Vice President
Chief Underwriting Officer

Gerard A. Anaszewicz

Senior Vice President
Branch Manager, Chicago, IL

Robert T. Comstock

Senior Vice President
Branch Manager, Stamford, CT

Robert R. Coyne

Vice President
Property Manager, Stamford, CT

Michael J. Nicholas

Senior Vice President
Stamford, CT

Timothy F. Quinn

Senior Vice President
Professional Liability
Stamford, CT

Edward N. Ryan

Senior Vice President
Stamford, CT

Paul R. Bednarz

Vice President
Stamford, CT

Patrick J. Cannan

Vice President
Stamford, CT

Robert W. Colantuoni

Vice President
Stamford, CT

Philip E. D’Eramo

Vice President
Stamford, CT

Colleen P. Fahey

Vice President
Stamford, CT

Ronald S. Hayden

Vice President
Branch Manager, Atlanta, GA

Thomas V. Lehmkuhl

Vice President
Stamford, CT

Victor Leong

Vice President
Chicago, IL

David M. McNichols

Vice President
Chicago, IL

Rajiv Raval

Vice President,
General Counsel & Secretary

John P. Burk

Assistant Vice President;
Chicago, IL

Jean Cole

Assistant Secretary
Los Angeles, CA

Michael T. Hattaway

Assistant Secretary
Atlanta, GA

Russell R. Kroszner

Assistant Secretary
Stamford, CT

Anita Marzell

Assistant Secretary
Stamford, CT

Adam T. Steffens

Assistant Secretary
Stamford, CT

Company At-A-Glance PDF

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Facultative ReSources, Inc.

Facultative ReSources, Inc. is a leading broker market casualty, professional liability and property facultative underwriting manager for its affiliate, Berkley Insurance Company.

Our Mission

Facultative ReSources, Inc. (Fac Re) provides reinsurance intermediaries and their ceding company clients with facultative solutions highlighted by a level of thoughtful responses unmatched in the industry. As the market leader, we embrace the long term outlook of our business, verified by our 25 plus years of dedication to the broker market.

Company Description

Fac Re, established in 1985, provides solutions for our clients across many lines of facultative business. Our technical expertise and four underwriting offices allow us to respond to our clients' needs in an insightful and effiecient manner. We are based in Stamford, CT with branch offices in Chicago, Atlanta and Los Angeles. As the market landscape and the facultative buying habits of our customer base are always shifting, we are well positioned to quickly identify and capitalize on opportunities as they arise.

Our individual risk and program product offerings include:

  • Casualty
  • Professional Liability
  • Property

In 2010, Facultative ReSources drew upon its long and credible history and rich reservoir of underwriting experience to broaden its expertise in a number of specialized areas, including financial exposures, professional liability and property hazards in emerging technologies.

How Facultative ReSources is Different

Because facultative reinsurance operates in a world of adverse selection, it is perhaps the purest form of underwriting, relying on the experience of its underwriters to determine premiums sufficient to provide enough money to pay for losses and expenses, while also allowing a return on capital commensurate with the actuarial uncertainty inherent in excess of loss reinsurance placements. To that end, Fac Re has assembled an impressive team of highly experienced underwriters well known to reinsurance intermediaries and ceding company personnel alike.

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

Home Office
Facultative ReSources, Inc.
Three Landmark Square, Suite 500
Stamford, CT 06901
Tel: (203) 658-1500
Fax: (203) 658-1515

Branch Offices
Atlanta, GA
Tel: (770) 418-8000

Chicago, IL
Tel: (312) 435-1231

Los Angeles, CA
Tel: (213) 623-2349

Financial Highlights

Facultative ReSources, Inc. underwrites reinsurance on behalf of Berkley Insurance Company (BIC), a leading U.S. domestic professional reinsurance company, and a member company of W. R. Berkley Corporation.

Berkley Insurance Company

A.M. Best Rating
A+ (Superior)

Financial Size Category
XV

Standard & Poor's Rating
A+ (Strong)

Financial Data
(Dollars in Millions)
(Statutory Basis)

as of December 31
2010
 
Total Assets
Policyholders’ Surplus
Net Written Premiums
$7,517
$2,624
$1,327