WR Berkley Corporation Names Michael Marcus President of Berkley Industrial Comp

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GREENWICH, Conn.–(BUSINESS WIRE)–WR Berkley Corporation (NYSE: WRB) today announced the appointment of Michael Marcus as President of Berkley Industrial Comp. He succeeds Chandler F. Cox, Jr., who has been named company president. Appointments are effective immediately.

Mr. Marcus joined Berkley in 2008 as a regional director at Key Risk and most recently served as senior vice president of Key Risk – sales, distribution and business analysis. He has over 30 years of commercial property and casualty insurance experience and holds a Bachelor of Arts degree from Louisiana State University.

Mr. Cox co-founded Berkley Industrial Comp (formerly American Mining Insurance Group) and has served as its President and Chief Executive Officer since 2000. Since joining Berkley in 2007 when the company was acquired, he has provided continued leadership of the company’s transition. to specialize in insurance protection for the coal mining industry to become a leader in serving a variety of high-risk industries. As President, he will provide continuity, ideas and strategic direction.

W. Robert Berkley, Jr., President and CEO of WR Berkley Corporation, commented on the appointment, “We would like to thank Chan for his extraordinary contributions to Berkley Industrial Comp and WR Berkley Corporation during his many years of service. . vision in transforming the business to succeed in an ever-changing environment has been exemplary, and we are delighted that he will continue in this new role. Mike has done an exceptional job during his tenure, and he has the characteristics we look for in an exceptional leader. Mike’s attributes, combined with his vast experience, make us extremely confident in his ability to lead the exceptional team at Berkley Industrial Comp as they build on the company’s long history of success.

For more information on the products and services available from Berkley Industrial Comp, please visit www.berkindcomp.com.

Founded in 1967, WR Berkley Corporation is an insurance holding company that is among the largest commercial insurers in the United States and operates worldwide in two segments of the property and casualty insurance business: Insurance and Reinsurance and Monoline Excess . For more information about WR Berkley Corporation, please visit www.berkley.com.

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