Berkley Technology Underwriters to Offer International Coverage Through Lloyd’s

November 6, 2012

Berkley Technology Underwriters, LLC, a Minneapolis-based global technology underwriter, has been accredited as a Coverholder on behalf of Lloyd’s of London. As a Coverholder, Berkley Technology Underwriters is able to secure locally accepted insurance coverage around the world for its U.S. technology clients.

Coverage is provided under Lloyd’s licenses through W. R. Berkley Syndicate 1967, a Lloyd’s syndicate underwriting a worldwide portfolio of insurance and reinsurance risks.

The arrangement with Lloyd’s allows for a range of first- and third-party insurance coverages, from the coverage of property such as electronic processing data equipment, to public and general liability.

Berkley Technology Underwriters, launched in 2011, is a global technology insurance underwriter specializing in professional liability insurance, general liability insurance, property insurance, and international technology insurance for clients with technology exposure and technology firms worldwide. Headquartered in Minneapolis, Minn., Berkley Technology Underwriters is a member company of W. R. Berkley Corporation.

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