WR Berkley sets up new business with senior Hamilton/Markel hire

Property/casualty insurer  WR Berkley Corporation has created a new business unit to offer excess liability coverages in specialised markets. It will be led by a senior executive joining the firm from Hamilton with nearly a decade of experience at Markel.

Berkley Specialty Excess will provide excess liability coverages in specialised markets, with an initial focus on the environmental and energy industries.

John Termini (pictured) has been named president of the new business, effective immediately.

Termini has nearly 30 years of experience in the property and casualty insurance market, with a focus in the environmental and energy sectors. Throughout his career, he has held various executive and leadership positions, and most recently served as the head of the environmental and energy division of global specialty (re)insurer Hamilton. Prior to that, he worked at Markel for more than nine years.

W. Robert Berkley, Jr., president and chief executive officer of WR Berkley Corporation, said: “The specialty excess market continues to offer attractive opportunities. John brings to Berkley deep expertise and experience in his areas of focus and we are excited to welcome him to the team.”

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