W. R. Berkley Corp. reports the formation of Berkley Professional Liability, LLC. BerkleyPro will offer professional liability products, including directors and officers liability (D&O) insurance. The new New York City-based unit will focus on large public and non-public entities on behalf of W. R. Berkley Corp. member insurance companies.
John R. Benedetto has been named president of BerkleyPro. Benedetto has 19 years of experience in the insurance and financial services industries. He previously served in senior positions with a major insurer.
Steven P. Walsh has been appointed executive vice president of BerkleyPro. Walsh has 14 years of related experience in the insurance industry.
Paul Brophy has been named BerkleyPro’s senior vice president. He has over 15 years of insurance experience in both underwriting and management roles.
Source:, W. R. Berkley Corp.