1 September 2016Insurance

WR Berkley names CIO to deliver technology solutions

WR Berkley Corporation has appointed Richard Lowery as senior vice president and chief information officer (CIO), effective immediately.

Reporting to Lucille Sgaglione, executive vice president, Lowery will be responsible for the development and implementation of strategic information technology solutions.

Lowery has almost 30 years of experience in information technology, having served in senior roles at Risk Solutions International and Marsh & McLennan Companies.

William Robert Berkley Jr, president and chief executive officer, commented: “We are pleased to have Rich as a member of our team. Information systems and data management play an ever increasing role in the success of our business. Rich’s expertise and leadership will further enhance our focus on these core aspects of our operations as we continue to build shareholder value.”

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26 July 2016   WR Berkley, a property/casualty insurer, has experienced an increase in its gross written premiums (GWP) in its second quarter 2016 results but catastrophe losses have adversely affected its net income and combined ratio.