Berkley Corporation creates new underwriting leg

W. R. Berkley Corporation (NYSE: WRB) has formed Berkley Underwriting Managers Canada, Ltd., which will offer a wide range of specialty casualty commercial insurance products.
Products include general liability, products liability and other commercial lines on behalf of the Canadian branch of Berkley Insurance Company.
The company will be based in Toronto.
Michael McLachlan, who has more than 30 years of experience in the insurance industry, has been named president of Berkley Underwriting Managers Canada. He is a graduate of Manchester University in England with a degree in Economics.
“We are pleased to announce the formation of Berkley Underwriting Managers Canada and to name an accomplished industry veteran, Mike McLachlan, to lead the unit,” William R. Berkley, chairman of the board and CEO of W. R. Berkley Corporation, said in a release. “Actions such as this represent a continuing example of our efforts to expand the footprint of our specialty lines in North America.”