Berkley Professional Liability
Berkley Professional Liability is a US-based specialty insurer (operating unit of W. R. Berkley Corporation) that writes management and professional liability coverage — D&O, EPL, fiduciary, E&O, and M&A transactional insurance — for public companies, financial institutions, and private companies with revenues over $25M, distributed through brokers and Lloyd's Syndicate 1976.
- Company typePrivate
- Founded2008
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Berkley Professional Liability does
Berkley Professional Liability is a US-based specialty insurance provider and operating unit of W. R. Berkley Corporation (NYSE: WRB), one of the largest US commercial property-casualty groups. Founded in October 2008 and headquartered in New York, the company writes management and professional liability coverage for four client segments: publicly traded companies, financial institutions (banks, insurers, REITs, investment advisers, hedge funds, and private equity), private companies with annual revenues above $25M, and M&A counterparties. Coverage is delivered through four product lines — Public Management Liability (D&O, Employment Practices Liability, Fiduciary), Financial Institutions, Transactional Liability (representations and warranties / M&A), and Private Company Management Liability (primary, excess, side A). Underwriting is conducted by a small, specialist team (11-50 employees) supported by in-house claims authority, with claims handlers assigned within one business day.
The firm distributes through a broker-mediated model, with dedicated underwriters working alongside licensed insurance brokers and agents. In the US, coverage is issued through Berkley Insurance Company and Gemini Insurance Company (both members of W. R. Berkley Insurance Group, A+ Superior by A.M. Best); internationally, coverage is placed through Lloyd's of London Syndicate 1976 (W/R/B Underwriting at Box 362, Gallery 3). The company operates from offices in New York, Morristown (NJ, home of Berkley Transactional), Schaumburg (IL), Toronto, and London. Revenue is generated through recurring insurance premiums on annual policy cycles, with quote-based pricing tailored to each insured's industry, size, and risk profile. The business benefits from W. R. Berkley Corporation's decentralized capital structure, which provides stable capacity and the financial backing to write complex, high-limit management liability risks for institutional clients.
Berkley Professional Liability firmographics
Firmographics- Name
- Berkley Professional Liability
- Legal name
- Berkley Professional Liability
- Website
- https://berkleypro.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Berkley Professional Liability is a US-based specialty insurer (operating unit of W. R. Berkley Corporation) that writes management and professional liability coverage — D&O, EPL, fiduciary, E&O, and M&A transactional insurance — for public companies, financial institutions, and private companies with revenues over $25M, distributed through brokers and Lloyd's Syndicate 1976.
- Ownership category
- akta.pro rank
Berkley Professional Liability industry classification
Industry- Product category
- Professional Liability Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412), Direct Property and Casualty Insurance Carriers (524126)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD)
- akta.pro secondary industries
- Professional Liability (Errors & Omissions) (FSAJADAB), Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH)
Keywords
Where Berkley Professional Liability is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Berkley Professional Liability business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Professional Liability Insurance Premiums: Berkley Professional generates revenue through insurance premiums across multiple product lines: Management Liability (Directors & Officers, Employment Practices, Fiduciary), Financial Institutions coverage, Transactional Liability (M&A insurance), and Private Company coverage. Revenue is recurring through policy renewals and new policy issuances.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing based on risk profile |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Berkley Professional Liability product offering
Product offeringCore offering
Berkley Professional Liability underwrites and distributes a suite of specialized professional liability insurance products for public companies, private companies, financial institutions, and M&A transaction participants. Coverage includes Directors and Officers (D&O), Employment Practices Liability (EPL), Fiduciary Liability, Errors and Omissions (E&O), and Representations and Warranties insurance, delivered through dedicated underwriters and in-house claims handling.
Product overview
Berkley Professional Liability offers a comprehensive suite of Professional Liability Insurance products organized into four distinct product lines: Public Management Liability (providing D&O, Employment Practice Liability, and Fiduciary Liability for public companies), Financial Institutions (specialized coverage for banks, insurance companies, REITs, investment advisers, hedge funds, and private equity), Transactional Liability (M&A transaction insurance with primary and excess products), and Private Company Management Liability (coverage for private companies with revenues over $25M on primary, excess, and side A basis). The company provides coverage addressing defense costs, shareholder litigation, derivative and class actions, settlements, and government investigations.
Differentiator
Problem solved
Functional benefit
Products and services
- Public Management Liability
- Financial Institutions Professional Liability Specialized professional liability coverage for financial institutions including banks (over $2B in assets, regionals/super regionals), insurance companies (P&C, Life, Brokers), REITs, investment advisers, mutual funds, hedge funds ($1B+ AUM), private equity firms ($1B+ committed capital), and non-bank financial firms. Coverage spans Directors and Officers Liability, Errors and Omissions Liability, Fiduciary Liability, and Employment Practices Liability.
- Transactional Liability Insurance Insurance solutions for M&A transactions, including representations and warranties insurance and indemnification coverage, providing primary and excess products that enable buyers and sellers to execute transactions efficiently with reliable coverage and professional claims handling.
- Private Company Management Liability Management liability protection for privately held US-based companies with annual revenues exceeding $25M, on a non-financial-institution and non-healthcare basis. Non-profits are eligible on excess and Side A basis only. Includes primary, excess, and Side A coverage options.
Companies that use Berkley Professional Liability
Customer profileSegments4 records
Ideal customer profiles4 records
Berkley Professional Liability technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Berkley Professional Liability partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights4 records
Berkley Professional Liability competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Berkley Professional Liability financial estimates
Financial estimateRevenue estimate
Valuation estimate
Berkley Professional Liability leadership team
Management profileNumber of profiles
Profiles1 record
Berkley Professional Liability subsidiaries and ownership
Company hierarchySubsidiaries1 record
Berkley Professional Liability funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Berkley Professional Liability M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Berkley Professional Liability
What does Berkley Professional Liability do?
Berkley Professional Liability underwrites and distributes a suite of specialized professional liability insurance products for public companies, private companies, financial institutions, and M&A transaction participants. Coverage includes Directors and Officers (D&O), Employment Practices Liability (EPL), Fiduciary Liability, Errors and Omissions (E&O), and Representations and Warranties insurance, delivered through dedicated underwriters and in-house claims handling.
Is Berkley Professional Liability a public or private company?
Berkley Professional Liability is a private company. It is classified as corporate owned and is currently operating.
When was Berkley Professional Liability founded?
Berkley Professional Liability was founded in 2008. It employs 11 to 50 people.
Where is Berkley Professional Liability based?
Berkley Professional Liability is headquartered in New York, United States, in the North America region.
How does Berkley Professional Liability make money?
One revenue line is on record: professional Liability Insurance Premiums.
Does Berkley Professional Liability have an API?
No public API is recorded for Berkley Professional Liability.
What industry is Berkley Professional Liability in?
Berkley Professional Liability's product category is Professional Liability Insurance. Its primary akta.pro industry code is FSAJAGAD, Management Liability (D&O/EPL/Fiduciary), with a secondary code of FSAJADAB, Professional Liability (Errors & Omissions). Its NAICS code is 52412 and its SIC code is 6331.