Berkley Insurance Company will invest $6.1 million to grow its Henrico County branch by putting in an additional 8,920 square feet of Berkley Insurance Company office space.
Berkley Insurance Company will expand to Henrico County
The additional office of Berkley Insurance Company in Henrico County will let growth in the Berkley Insurance Company, a subsidiary of W.R. Berkley Corporation Growth will be encouraged with Verus Specialty Insurance and Berkley Mid-Atlantic Insurance Group.
Berkley Insurance Company will create 72 new jobs for financial analysts, accountants, underwriters, and C-suite positions. Over 177 employees are based for the Berkley Insurance Company, Henrico County office.
Berkley Insurance Company confirmed the expectation for growth and advancement within Henrico County, Virginia. Berkley Insurance Company reflected on the exceptional talent that Henrico County has consistently provided for Berkley Insurance Company, particularly in the realm of excess & surplus lines insurance.
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Berkley Insurance Company is a traded Fortune 500 company based in Connecticut
Berkley Insurance Company, Berkley Mid-Atlantic Insurance Group, and Verus Specialty are three of the 60 insurance businesses that are part of W. R. Berkley Corporation, making it one of the commercial lines writers.
The decision of the Berkley Insurance Company to expand to Henrico County demonstrates the continued positive momentum of the economy of Virginia and the business process services industry.