Berkley forms new excess specialty business

W.R. Berkley has formed Berkley Specialty Excess to offer excess liability coverages in specialised markets, with an initial focus on the environmental and energy industries.

The insurer has named John Termini as president of the new business, effective immediately.

Robert Berkley Jr, president and chief executive officer of W. R. Berkley, said the specialty excess market continues to offer attractive opportunities.

“John brings to Berkley deep expertise and experience in his areas of focus and we are excited to welcome him to the team,” he added.

Termini, who is Miami based, was formerly head of environmental and energy at Hamilton Insurance.

He has nearly 30 years of experience in the property and casualty insurance market.

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