W. R. Berkley Corporation said it has named William J. Johnston president of one of its subsidiaries, Clermont Specialty Managers, Ltd.
He succeeds Alfred Schonberger, who will now serve as Clermont's chairman and chief executive officer.
The Greenwich, Conn.-based insurer also said that David A. Gianfrancesco, senior vice president of claims for Clermont, was promoted to executive vice president.
The appointments are effective Oct. 1.
Clermont, based in Hackensack, N.J, underwrites commercial multi-peril and workers' compensation insurance for high-rise cooperative, condominium, and quality rental buildings and restaurants in the New York City and Chicago areas. Clermont issues policies on behalf of Admiral Indemnity Company and Clermont Insurance Company, both member companies of Berkley.
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