Berkley Prime Transportation

What Berkley Prime Transportation does

Berkley Prime Transportation is a Jacksonville, Florida-based specialty insurance carrier that underwrites primary commercial auto liability, auto physical damage, motor truck cargo (select states), and general liability coverage for mid-to-large trucking fleet operators with 15 or more power units. The company operates as a member company of W. R. Berkley Corporation (NYSE: WRB), a large publicly traded insurance holding company founded in 1967 and rated A+ (Superior) by A.M. Best. Berkley Prime Transportation targets standard and preferred trucking risks across dry van, flatbed, intermodal, tanker, and reefer operations, but does not offer property, workers' compensation, or occupational accident coverage.

The company's technology stack centers on underwriting and claims management systems purpose-built for transportation risks, paired with a web-based agent submission portal that requires ACORD forms, vehicle lists, driver lists, IFTA filings, and loss runs. Claims are handled by a team of adjusters specialized in commercial auto and transportation losses. Submissions are accepted 15-90 calendar days prior to the effective date, and state-by-state licensing is still being expanded.

Berkley Prime Transportation generates revenue through annual insurance premiums distributed exclusively via appointed insurance brokers and agents. The company is small (11-50 employees) and self-described as rapidly growing, with state regulatory approvals and product extensions (e.g., Motor Truck Cargo) in active rollout. Its competitive position is anchored by the W. R. Berkley brand, the parent's A+ balance-sheet rating, specialized underwriting and claims talent (including FCAS/MAAA actuaries and CPCU/AIAF-credentialed executives), and an exclusive broker distribution model.

Name

Berkley Prime Transportation

Legal name

Berkley Prime Transportation

Website

https://berkleyprimetrans.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Berkley Prime Transportation is a Jacksonville, FL-based specialty commercial auto and general liability insurance carrier serving trucking fleet operators with 15+ power units, distributed exclusively through appointed agents and brokers as a member company of W. R. Berkley Corporation.

Ownership category

akta.pro rank

Product category

Commercial Trucking Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126)

akta.pro primary industry

Commercial Auto & Fleet Insurance (FSAJAMAB)

akta.pro secondary industries

Motor Truck Cargo (FSAJABAC), General Liability Insurance (FSAJAMAE), Non-Owned Auto Liability (Employee/Contractor Use) (TLABANAC)

Keywords

• Commercial trucking insurance
• Motor carrier liability
• Fleet insurance coverage
• Auto physical damage
• Motor truck cargo

Headquarters

HQ city

Jacksonville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Commercial Insurance Premiums: Berkley Prime Transportation generates revenue through insurance premiums collected from policyholders. The company provides primary auto liability, auto physical damage, motor truck cargo, and general liability coverage for trucking operations. Premium revenue is collected through broker/agent channels with policies typically structured as annual contracts.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Berkley Prime Transportation underwrites and delivers commercial auto and general liability insurance for trucking operations with 15 or more power units. Core products include Motor Carrier Auto Liability (with Hired and Non-Owned and Trailer Interchange), Auto Physical Damage, General Liability, and Motor Truck Cargo (available in select states). Coverage is distributed exclusively through appointed brokers and agents and supported by specialized transportation claims adjusters.

Product overview

Berkley Prime Transportation offers a suite of insurance products for the trucking industry: Motor Carrier Auto Liability (including Hired and Non-Owned and Trailer Interchange coverages), Auto Physical Damage, General Liability, and Motor Truck Cargo (select states). Coverage is provided to trucking operations with 15+ power units, serving standard and best-in-class truck fleets through partner brokers and agents.

Differentiator

Problem solved

Functional benefit

Products and services

• Motor Carrier Auto Liability Primary auto liability coverage for trucking operations, including Hired and Non-Owned coverage and Trailer Interchange coverage. Designed for trucking fleet operators with 15 or more power units.
• Auto Physical Damage Coverage for physical damage to vehicles in trucking fleets. Designed for trucking fleet operators with 15 or more power units.
• General Liability General liability coverage for trucking operations, provided alongside auto liability and physical damage products.
• Motor Truck Cargo Cargo coverage for motor truck operations, available in select states. Designed for trucking fleet operators transporting cargo across dry van, flatbed, intermodal, tanker, and reefer operations.

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• W. R. Berkley CorporationflagshipOthers · 1 January 1967Berkley Prime Transportation is a member company of W.R. Berkley Corporation, an insurance holding company founded in 1967 that is among the largest commercial lines writers in the United States, operating worldwide in Insurance and Reinsurance & Monoline Excess segments. The parent company provides resources and financial backing enabling Berkley Prime Transportation to operate with corporate scale while maintaining operational flexibility.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Northland Insurance (Travelers): Northland is the trucking-dedicated brand within Travelers, writing commercial auto and cargo for commercial trucking accounts. It competes head-to-head for mid-to-large fleet accounts and shares the specialty trucking positioning of Berkley Prime Transportation.
• Great West Casualty Company: Great West Casualty is one of the largest specialty insurers focused exclusively on the trucking industry, writing commercial auto liability, physical damage, and cargo for fleet operators. It is the closest direct competitor to Berkley Prime Transportation in trucking-only fleet underwriting.
• National Interstate Insurance (IAT Insurance Group): National Interstate writes commercial auto and related coverages for passenger transportation, trucking, and specialty vehicle fleets. It is a direct specialty carrier competitor with a similar fleet-focused underwriting approach.
• Canal Insurance Company: Canal Insurance specializes in commercial trucking insurance, including motor carrier liability, physical damage, and cargo coverage. Its niche-only strategy and trucking fleet focus make it a directly comparable specialty competitor.
• Acuity Insurance: Acuity is a regional P&C carrier with a strong commercial auto and trucking practice distributed through independent agents. It competes with Berkley Prime Transportation for standard and preferred trucking fleet business.
• Sentry Insurance: Sentry writes commercial auto, including transportation and trucking fleet coverage, distributed through independent agents. It is a comparable regional-to-national commercial auto writer with multi-product capabilities.

Broad incumbents

• Progressive Commercial: Progressive is the largest U.S. commercial auto writer by premium, offering broad coverage across trucking, business auto, and fleet segments. It is a broad incumbent competing with Berkley Prime Transportation on fleet pricing and digital convenience.
• Berkshire Hathaway GUARD Insurance: GUARD Insurance writes commercial auto (including trucking), workers' comp, and BOP for small-to-mid businesses through agents. It is a broader commercial lines incumbent with overlapping trucking fleet capability.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/berkley-prime-transportation

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Berkley Prime Transportation