W.R. Berkley Corporation announced the formation of Berkley Healthcare on Monday, explaining that the business will be made up of Berkley Healthcare Professional Underwriters and Berkley Healthcare Financial Lines.
Together, the units will offer a broad array of products and services to healthcare providers of all types, with Berkley Healthcare Professional Underwriters providing customized, comprehensive professional liability solutions and Berkley Healthcare Financial Lines offering directors and officers liability, employment practices liability, errors and omissions, and cyber liability insurance.
Gregg A. Piltch, a veteran of the property/casualty insurance industry with nearly 30 years of experience, has been appointed president of Berkley Healthcare, effective immediately. He will be responsible for overseeing and coordinating additional and enhanced product offerings. Including prior leadership positions, Piltch has expertise in underwriting, operations and risk management. Most recently, he served as head of global casualty technical underwriting for another leading global commercial lines insurer, W.R. Berkley Corp. said. Piltch’s LinkedIn profile reveals that his most recent prior role was at American International Group.
In a media statement, W. Robert Berkley Jr., president and chief executive officer of W.R. Berkley Corporation, said that the introduction of financial lines, together with a strong foundation of professional liability products and services, puts Berkley Healthcare and BerkleyMed—an existing excess insurer and reinsurer for self-funded healthcare facilities—”in a unique position to deliver comprehensive solutions tailored to specialized needs of businesses in the healthcare sector.”
Source: W.R. Berkley Corporation