Berkley Risk Administrators Company

Our Mission

Berkley Risk is dedicated to providing market leading strategic risk management services to our customers. We become strategic business partners with our customers by developing superior knowledge of their needs in order to drive the creation of best practice risk management and insurance solutions that manage their total cost of risk and create long-term business value.

Company Description

Berkley Risk Administrators Company operates across the country with approximately 500 employees and local operations in 15 states. Our business is currently focused on three distinct niche markets, each segment with its own strategic business and operating plan. We are a workers’ compensation assigned risk servicing carrier, a manager of alternative risk insurance enterprises and a full-service third-party claims administrator for workers’ compensation and property and casualty lines.

Assigned Risk Servicing Carrier
Berkley Risk is the nation’s second largest workers’ compensation residual market servicing carrier serving plans in 20 states. Our proprietary systems and 30 years of experience proactively managing assigned risk plans provides our plan administrator and state regulator customers with consistent, predictable pool results while ensuring that policyholders, agents and claimants receive first-class service.

Alternative Risk Manager
We provide alternative risk and insurance program management services for public entity pools, professional associations, businesses who self-insure and other self-insured groups across the country. As a program manager, we custom deliver the necessary insurance related services for each customer to minimize their total cost of risk.

Claims TPA
Berkley Risk manages more than 100,000 workers’ compensation, liability and property claims throughout the country each year. We apply our proven claims management performance standards to each customer’s business requirements to ensure a customized claims solution that consistently reduces overall claims expense. In this way each of our customers get the benefit of a large scale organization with the personal commitment and communication of a small team dedicated to achieving their business goals.

How Berkley Risk is Different

We have redefined the way alternative risk programs are managed. Through our applied Strategic Planning Process, we align our mission and business objectives with appropriate risk management policies and plans to achieve those objectives. We partner with each customer to proactively recognize and respond most effectively to evolving business needs and a changing risk environment.

We provide risk management guidance and decision making to our clients through a multi-disciplined team approach. Each customer has access to their entire team of experts and at any time can call on the appropriate resource to assist in managing its various risks. Our teams unite the underwriting, loss prevention, claims management, reinsurance, sales and marketing, finance and administration into one seamless risk management solution. This unified approach creates efficiencies through increased communication and coordination that drive down the total cost of risk for all Berkley Risk clients.

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.

Contact Information:

Berkley Risk Administrators Company
222 South Ninth Street, Suite 1300
Minneapolis, MN 55402-3332
Tel: (612) 766-3000
Fax: (612) 766-3099
www.berkleyrisk.com

Office Locations:

Council Bluffs, IA
Tel: (800) 832-0137

Denver, CO
Tel: (303) 357-2600

Farmington, CT
Tel: (860) 409-2300

Indianapolis, IN
Tel: (317) 585-2799

Las Vegas, NV
Tel: (702) 415-2970

Nashville, TN
Tel: (615) 493-7777

Overland Park, KS
Tel: (913) 385-4960

Pierre, SD
Tel: (605) 945-2144

Rolling Meadows, IL
Tel: (866) 738-3243

St. Paul, MN
Tel: (651) 281-1200

Scottsdale, AZ
Tel: (602) 992-8844

Tukwila, WA
Tel: (206) 575-2303

Virginia Beach, VA
Tel: (757) 490-7838

Wauwatosa, WI
Tel: (414) 771-2038