W. R. Berkley Corporation has formed Berkley Cyber Risk Solutions to focus on insurance and risk management products that respond to the changing cyber security vulnerabilities of organizations around the world.
In a statement, the company said that Berkley Cyber Risk Solutions will offer specialty commercial insurance coverages on a worldwide basis to clients of all sizes on behalf of W. R. Berkley Insurance Group member insurance companies rated A+ (Superior) by A. M. Best.
Tracey Vispoli has been named president of the operating unit.
Ms. Vispoli has over 25 years of experience in the property casualty insurance industry and most recently served as senior vice president and global segment leader of a major property casualty insurance company. She holds a B.S. in accounting from Fairleigh Dickinson University.
W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, commented, “We are excited to add this important capability to our group of operating units. Tracey is a pioneer in the cyber insurance space with a wealth of expertise in cyber security related issues. This will enable us to be on the forefront of providing effective solutions for this continually evolving risk. Demand for such solutions is increasing rapidly in every corner of the market, and the coverages offered by this new unit will enhance the suite of products available to our clients.”
Learn more: www.berkleycyberrisk.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].