W. R. Berkley merges two units to form Berkley Meridian

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Go back to W. R. Berkley merges two units to form Berkley Meridian

W. R. Berkley Corporation Forms Berkley Meridian

August 18, 2026 4:15 PM EDT

Through the Combination of Verus Specialty Insurance and Vela Insurance Services to Create a Broader Specialty Insurance Platform

GREENWICH, Conn.--(BUSINESS WIRE)-- W. R. Berkley Corporation (NYSE: WRB) today announced the formation of Berkley Meridian, a new specialty insurance business that will combine the strengths of Verus Specialty Insurance and Vela Insurance Services under a shared leadership structure and strategic vision. Marlo M. Morrison will assume the role of president of Berkley Meridian.

The new business will bring together underwriting capabilities, leadership talent, and expertise... More