Daniel R. Westcott Named Executive Vice President

Robert R. Coyne, Jr. Appointed President of Berkley Re America

W. R. Berkley Corporation (NYSE:WRB) today announced the appointment of Daniel R. Westcott as executive vice president. Robert R. Coyne, Jr. will succeed Mr. Westcott as president of Berkley Re America. In addition, Robert C. Hewitt, executive vice president of the Company, has been named chairman of Berkley Re. The appointments are effective immediately.

Mr. Westcott has nearly 30 years of experience in the property casualty reinsurance market. He joined Berkley Re America as president in 2019. Mr. Coyne joined Berkley in 2006 and became senior vice president of Berkley Re America in 2010. He has over 30 years of experience in the property casualty reinsurance business. Mr. Hewitt joined Berkley in 2002 as senior vice president for risk management and was named executive vice president of the Company in 2016.

Commenting on the appointments, W. Robert Berkley, Jr., chairman, chief executive officer, and president of W. R. Berkley Corporation, said: "Rob, Dan, and Rob have all provided outstanding leadership within Berkley for many years. Dan’s skills and broad experience in the reinsurance market, as well as his extensive knowledge of our organization, will serve us well as he takes on oversight of our assumed reinsurance businesses. With deep expertise in developing reinsurance solutions for customers, Rob Coyne is very well-positioned to lead Berkley Re America forward to build upon its success. Rob Hewitt has made extraordinary contributions to Berkley during his tenure, and we are deeply appreciative of his leadership, judgment, and unwavering commitment to the Company. He has been a trusted colleague and valued leader, and we are especially pleased, both personally and professionally, that we will continue to benefit from his extensive experience and expertise."

Berkley Re is a global reinsurance leader, delivering exceptional underwriting and service to clients worldwide. It comprises Berkley Re America, Berkley Re UK, Berkley Re Solutions, Berkley Re Australia, and Berkley Re Asia. Berkley Re America provides specialized property and casualty reinsurance solutions throughout North America. For further information about the products and services available from Berkley Re, please visit www.berkleyre.com.

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 worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com.

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Karen A. Horvath

Vice President – External

Financial Communications

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