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W. R. Berkley Corporation Names Christopher T. Reichardt President of Berkley Oil & Gas

businesswire.com
WRB The article announces a leadership change within a subsidiary, Berkley Oil & Gas. While the new president is praised for his experience and contributions, the announcement itself is a routine operational update and does not directly impact the overall sentiment towards W. R. Berkley Corporation's stock.

W. R. Berkley Corporation Names Christopher T. Reichardt President of Berkley Oil & Gas GREENWICH, Conn.--( BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Christopher T. Reichardt as president of Berkley Oil & Gas. He succeeds Linda A. Eppolito, who has been named chair of the business. The appointments are effective immediately.

Mr. Reichardt has over 20 years of experience in the oil and gas insurance industry, more than 15 years of which was spent at Berkley Oil & Gas. He most recently served as senior vice president and chief underwriting officer for the business.

Commenting on the appointment, W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, said: "Chris has made tremendous contributions to Berkley Oil & Gas during his tenure and we are excited to have him lead the business’s highly skilled team going forward. He is a proven leader with exceptional experience in the energy insurance market. We thank Linda for her contributions over the years and her unwavering leadership, and we are pleased that she will continue with the business."

Berkley Oil & Gas is dedicated to understanding the unique risks of the oil and gas industry, targeting customers that work in the oil patch including operators, drillers, geophysical contractors, well servicing contractors, equipment suppliers, and manufacturers/distributors of oilfield products. The business offers specialized coverages, risk control services, and expert claims management. For further information about the products and services available from Berkley Oil & Gas, please visit www.berkleyoil-gas.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.