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W. R. Berkley Corporation Names Scott M. McDonough President of Midwest Employers Casualty
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GREENWICH, Conn.--(BUSINESS WIRE)--
W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Scott M. McDonough as president of Midwest Employers Casualty (MEC). He succeeds Timothy Galvin, who has been named chairman of MEC. The appointments are effective immediately.
Mr. McDonough is a proven executive with more than 35 years of commercial property and casualty insurance experience in underwriting and management. He most recently served as the head of a large division at another leading U.S. insurance group. Over the years, he has demonstrated a strong track record of developing top-performing organizations with deep expertise that deliver consistently profitable growth. He holds a Bachelor of Science degree from the University of Alabama and the Chartered Property and Casualty Underwriter (CPCU) designation.
Mr. Galvin joined MEC as president in 2013. He has been instrumental in advancing MEC as a leader in the excess workers’ compensation insurance market over the last decade. As chairman, he will continue to support the MEC team with insights and strategic guidance. In addition, he will remain a key member of the W. R. Berkley Corporation team.
W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, commented on the appointment, “We are exceptionally grateful to Tim for his numerous contributions to both MEC and W. R. Berkley Corporation over his many years of service. We are fortunate that he will be continuing as chairman of MEC and will also be supporting the broader group’s activities. In addition, we are extremely pleased to welcome Scott to the group. His depth of experience will complement the expertise of MEC’s talented team as they continue to provide best-in-class products and services to their customers.”
For further info about products and services available from Midwest Employers Casualty, please visit www.mecasualty.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.
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.
