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W. R. Berkley Corporation Appoints Lee Iannarone Senior Vice President and General Counsel
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Rhea-AI Summary
W. R. Berkley Corporation (NYSE: WRB) appoints Lee Iannarone as senior vice president and general counsel, succeeding Philip S. Welt. Mr. Iannarone brings nearly 25 years of legal experience and a deep understanding of the insurance business environment. Founded in 1967, W. R. Berkley Corporation is a leading insurance holding company operating worldwide in property casualty insurance.
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GREENWICH, Conn.--(BUSINESS WIRE)--
W. R. Berkley Corporation (NYSE: WRB) today announced that Lee Iannarone has been named senior vice president and general counsel. The appointment is effective immediately. He succeeds Philip S. Welt, who will continue to serve as executive vice president and secretary. In this role, Mr. Iannarone will report to Mr. Welt and be responsible for the legal affairs of the Company.
Mr. Iannarone has nearly 25 years of legal experience and most recently served as general counsel and chief compliance officer for an internationally recognized (re)insurer.
Commenting on the appointment, W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, said, “We are delighted to welcome Lee to the Berkley team. His broad range of insurance experience provides him with a deep understanding of the business environment and the markets in which we operate. We look forward to his many contributions to our organization.”
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.
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.
