WR Berkley taps Goldman Sachs exec for insurtech investment role


US insurer WR Berkley Corporation has appointed the lead equity analyst covering insurance at Goldman Sachs to join its corporate investment arm as a director.

In his newly-created role at WR Berkley, Michael Nannizzi will be responsible for evaluating investments in emerging insurance technology companies.

W Robert Berkley Jr, president and chief executive officer, said: "Never before has technology been such a relevant force within the insurance industry, across all aspects of the value chain, and we stand ready to collaborate with entrepreneurs and innovators that are bringing technology to bear in the insurance market in new and exciting ways.

"We are pleased to welcome Mike to our corporate team. He brings a wealth of experience and capabilities to the organisation that will add breadth to our investment group."

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