Joseph Dowd joined W. R. Berkley Corporation in 2008 as President of Berkley Asset Protection. He has more than 20 years experience in the insurance industry, all of which has been focused on asset protection. He previously served in senior positions with other major insurers.
Berkley Asset Protection Underwriting
At Berkley Asset Protection we combine underwriting, claims and loss control expertise with personalized service to develop and provide the most creative solutions for customers with high value assets, fidelity/crime, and kidnap, ransom and extortion exposures. We have created a professional working environment that is focused on providing a stable market for products that meet each client’s unique needs.
CCreated in April 2008, Berkley Asset Protection offers niche inland marine, fidelity/crime, kidnap, ransom and extortion product lines for insureds with high value assets and fidelity/crime exposures. Specific products include: inland marine coverages for fine art risks, including museums, galleries, dealers, corporate collections, private collections and exhibitions, as well as jewelers block coverage for wholesalers, retailers and manufacturers and fidelity/crime coverages for commercial, financial institutions and public entity risks, and kidnap, ransom and extortion for personal or corporate. Additional coverages are provided for cash-in-transit, check cashers, pawnbrokers, and include all-risk broad form policies, and commercial package and other related coverages for our customers.
Berkley Asset Protection was established with a strong foundation of specific market knowledge and specialized expertise in underwriting, loss control and claims in each of these product lines, which uniquely positions us to provide added value to our producers and insureds alike. Berkley Asset Protection has the ability to write business internationally on multiple platforms.
Our management team brings long-standing industry relationships with clients and brokers who understand our products. We are committed to developing relationships for the best benefit of the insured, the broker and our company.
How Berkley Asset Protection is Different
In a small and highly specialized area of the market, Berkley Asset Protection has assembled a team of the industry’s leading professionals who are well known and highly respected in industry circles. Our underwriting team, with its unique, specialized experience, has the very specific product knowledge in each of our target areas to offer the best solutions to our customers. Our depth of knowledge across our product lines allows us to provide loss control expertise not just from the perspective of the company, but that of the insured as well. With its unparalleled expertise in our product lines, our in-house claims department is able to offer the best claims service and most experienced perspective in the market. Our claims philosophy is based upon knowledge of our products, respect for our customers, and access to the best experts in the field.
What is unique about us as an insurer is that these specialty coverages drive our product expertise, which is then complemented by the supporting package coverages including property, general liability, umbrella and workers' compensation.
Our broad range of products and support, coupled with the financial strength of our issuing carriers, enables us to provide a unique approach to the marketplace.
About W. R. Berkley Corporation
W. R. Berkley Corporation, founded in 1967, is one of the nation's premier commercial lines property casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively to changing market conditions and local customer needs. This decentralized structure provides financial accountability and incentives to local management and enables us to attract and retain the highest caliber professionals. We have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.
Berkley Asset Protection Underwriting Managers
317 Madison Avenue
New York, NY 10017
Tel: (212) 922-0659
Fax: (212) 922-9362
4820 Lake Brook Drive
Glen Allen, VA 23060
Tel: (804) 237-5253
Fax: (866) 735-9705
29 South Main Streer
Wes Hartford, CT 06107
Tel: (860) 521-3609
Fax: (866) 735-9077