W. R. Berkley Corporation Announces Executive Appointments at Berkley Medical Excess Underwriters, LLC
Released : 05/06/2010
GREENWICH, Conn.--(BUSINESS WIRE)--
W. R. Berkley Corporation (NYSE: WRB) today announced the
appointment of Collin J. Suttie as president of Berkley Medical Excess
Underwriters, LLC (BerkleyMed).
Based in St. Louis, Missouri, BerkleyMed was formed in 2001 to provide
professional liability insurance to hospitals on a nationwide basis. Its
products consist of excess insurance and reinsurance. Mr. Suttie
succeeds BerkleyMed founder J. Michael Foley, who will continue to be
involved with W. R. Berkley Corporation.
Mr. Suttie has more than 23 years of experience in the hospital
professional liability industry. He is currently the chief operating
officer of BerkleyMed and has been a member of the company’s senior
management since its inception. Mr. Suttie graduated with a B.S. from
the University of Wisconsin-Madison, an M.B.A. from the University of
Wisconsin-Whitewater and is a Fellow of the Casualty Actuarial Society
(FCAS).
In addition, W. Matthew Fessler has been appointed senior vice president
of BerkleyMed. Mr. Fessler has more than 29 years of experience in the
hospital professional liability industry. For the past eight years he
has served as a vice president of BerkleyMed. Mr. Fessler graduated with
a B.S. from Carthage College and holds the Chartered Property Casualty
Underwriter (CPCU) designation.
Commenting on the appointments, William R. Berkley, chairman of the
board and chief executive officer of W. R. Berkley Corporation, said:
“Collin has been a key part in the development of BerkleyMed and
creating its business strategy from its inception. He and Matt share
in-depth knowledge of our clients’ needs and demonstrated leadership
skills that position BerkleyMed for continued success.”
Founded in 1967, W. R. Berkley Corporation is an insurance holding
company that is among the largest commercial lines writers in the United
States and operates in five segments of the property casualty insurance
business: specialty insurance, regional property casualty insurance,
alternative markets, reinsurance and international.
Source: W. R. Berkley Corporation