W.R. Berkley Appoints Erin Rotz as President of Berkley Fire & Marine to Drive Innovation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Leadership Change: W.R. Berkley Corporation has appointed Erin Rotz as president of Berkley Fire & Marine, effective immediately, bringing over 20 years of inland marine and construction underwriting experience that is expected to enhance the company's market competitiveness.
- Industry Expertise: Having recently led the inland marine division at a large multinational carrier, Rotz's extensive experience will help Berkley Fire & Marine better address unique risks and exposures, driving the implementation of innovative solutions.
- Strategic Vision: W. Robert Berkley, Jr. noted that Rotz's leadership skills and focus on aligning people around a shared vision will create value for policyholders and further support the development of key industries.
- Product and Service Enhancement: Berkley Fire & Marine offers best-in-class insurance products and services nationwide, and Rotz's addition is expected to enhance the market appeal and customer satisfaction of these offerings through innovative approaches.
WRB
$70.79+Infinity%1D
Analyst Views on WRB
Wall Street analysts forecast WRB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WRB is 74.18 USD with a low forecast of 64.00 USD and a high forecast of 84.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
2 Buy
7 Hold
2 Sell
Hold
Current: 70.570
Low
64.00
Averages
74.18
High
84.00
Current: 70.570
Low
64.00
Averages
74.18
High
84.00
About WRB
W. R. Berkley Corporation is an insurance holding company. It operates through two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. Its Insurance businesses underwrite commercial insurance business, including excess and surplus lines, admitted lines and specialty personal lines throughout the United States, as well as insurance business in Asia, Australia, Canada, Continental Europe, Mexico, Scandinavia, South America and the United Kingdom. Its Insurance segment consists of business units, including Acadia Insurance, Admiral Insurance, Berkley Accident and Health, Berkley Agribusiness and others. It provides professional liability and casualty insurance for small to mid-sized businesses though the business unit Berkley Edge. Its Reinsurance & Monoline Excess offers reinsurance business on a facultative and treaty basis in the United States, United Kingdom, Continental Europe, Australia, the Asia-Pacific region and South Africa.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
