History
Founded in 1967
We are specialists, Berkley Offshore is a member company of Berkley, who is comprised of individual operating units that serve a market defined by geography, products, services or types of customers.
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about an industry, product or territory.
Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our Berkley companies to identify and respond quickly and effectively to changing market conditions and local customer needs. This decentralized structure provides financial accountability and incentives to local management and enables us to attract and retain the highest caliber professionals.
We have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.
Berkley Offshore started operations on January 1, 2009 writing an Energy Upstream book of business. During 2012, the Marine and Liability Divisions were started. In March 2021 we expanded into writing Renewable energy onshore and offshore. We are committed to providing our specialized products to a worldwide clientele.
We
are a
Specialist
Global Underwriter of Energy Property, Marine and Liability Risks with offices in New York, London and Houston.
JOURNAL
Why We Are Different
Energy Property, Marine, Liability and Renewables insurances are challenging and complex lines of business. Underwriters must take into account large risk concentration as well as natural catastrophe exposures such as windstorm.
Our highly experienced professionals are familiar with each of these risk factors, and are skilled in every aspect of these specialties, including customized package programs and manuscript wordings. In lines of business requiring specialized knowledge and skills, we are a market leader. We are committed to performing the underwriting and engineering analysis necessary to set terms and pricing, develop wordings, model catastrophes and calculate risk aggregation.
Finally, we at Berkley Offshore seek long-term relationships by providing superior service to our insured(s) and brokers.
Our Mission
We are a Specialist Global Underwriter of Energy Property, Marine and Liability Risks with offices in New York, London and Houston.
To be the market of choice for worldwide Energy Property, Marine, and Liability risks by providing superior security, service and expertise in our specialty fields.
