Berkley One, an insurance provider for modern individuals and families, has launched its product portfolio in more states to include Nevada and Idaho.
Berkley One is a member company of Berkley, a premier commercial property casualty insurance provider.
Founded in 1967, W. R. Berkley Corporation conducts business worldwide through more than 50 operating units and reported $10.7bn of gross premiums written in 2021.
Berkley One was founded with the mission to build something that “takes the best of tradition and marries it up with the modern, edgy, and unexpected.”
The company’s team is made of professionals who came from America’s top insurance companies to construct a new kind of insurance provider designed to meet the evolving needs of people with full, busy and adventurous lives.
In Idaho and Nevada, Berkley One is now offering insurance for homes, condos and renters, automobiles, fine art and collectibles, excess liability, and flood and excess flood.
In Idaho, the portfolio is rounded out with collector vehicle coverage.
Products and services are provided by one or more insurance company subsidiaries of W.R Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurers is subject to the actual terms and conditions of the policies.
Kathleen Tierney, president of Berkley One, said, “The new year not only brings more opportunities to fulfill our promises to our current clients, but to also expand on our brand commitment to always move forward and meet the needs of new clients in new states. Berkley One’s expansion is an exciting feat and we enjoy deepening our capabilities and expanding our product portfolio in multiple locations.”
Earlier this month, Dayforward, a digital life insurance company built for modern families, acquired Commercial Travelers Life Insurance Company and secured $25m of funding.
The acquisition, Dayforward said, coincides with launching its innovative life insurance solution.
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