Berkley FinSecure, a W .R. Berkley company based in Towson, Md., has launched Berkley Crime, an operating unit focused solely on offering crime-related insurance products.
The crime underwriting team of Berkley FinSecure, which was originally established in 2008 as part of Berkley Asset Protection, will transfer from Berkley Asset Protection to become a new operating unit. Crime team members will remain in their current locations nationwide and will continue to be led by Sean Missal, vice president.
Berkley Crime is focused exclusively on providing various crime-related insurance products for commercial organizations, financial institutions and governmental entities. The operating unit’s product offerings include coverage for employee theft, forgery, robbery, burglary and computer and funds transfer fraud.
In addition, Berkley Crime offers a cost effective insurance product that covers kidnap, ransom and extortion losses for small-to-large companies and private individuals, and includes access to a top-rated crisis response company for insureds during a loss related event
Berkley FinSecure offers bond, management liability coverages and all standard property/casualty lines as well as specialty products catering to mortgage lenders and trust managers.
All products are underwritten on an admitted basis on behalf of W. R. Berkley Corp. member insurance companies.
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