Berkley One launches in Arizona & Colorado and adds new travel product
Customized coverage and service for individuals who are always moving forward
Morristown, NJ. Berkley One, a startup insurance provider for modern, sophisticated individuals and families, continues its expansion into the states of Arizona and Colorado and introduces a new travel insurance product to serve clients who travel frequently or pursue luxury trips. Working with a select group of independent agents, Berkley One offers home, automobile, fine art and collectibles, excess liability and now, travel insurance solutions.
Berkley One developed an individual annual travel insurance product in tandem with Berkley Accident and Health, a separate Berkley Company specializing in accident and health products in the U.S. Berkley Accident and Health offers a variety of programs, including business travel accident coverage for employers, membership groups and healthcare organizations. Together, the two operating units leveraged product expertise and market experience to bring a distinctive annual travel insurance solution to individuals, families and the agents and brokers who serve them.
“What defines Berkley One is our focus on innovation and creating solutions for people and their adventure. Travel is often part of that adventure and our new travel insurance product gives clients the coverage and service they need to embark on a journey with confidence, as often as they choose, to the next state or halfway around the world,” said Kathleen Tierney, President of Berkley One. “This is not the typical trip insurance that is found in the marketplace. It is an annual policy customized for an individual or family, offering high limits and wide-ranging protection for issues that they may face, such as trip cancellation and interruption, emergency sickness or medical concerns, and baggage or trip delays, to name just a few,” Tierney states. She adds,
“We worked closely with Berkley Accident and Health to analyze trends and ultimately design a responsive travel insurance solution. This collaboration reflects one of the strengths of Berkley—our ability to access forward-thinking products and deep expertise across the organization and put that network to work for our clients.”
Berkley Accident and Health feels quite the same. “Exploration, choosing experiences over things and an uptick in luxury travel are all established trends that we’ve seen develop for individuals, and we’re excited to work with Berkley One to respond to these market dynamics with a new and innovative travel insurance solution,” stated Susan Clarke, President, Special Risk Division, Berkley Accident and Health. “We had the opportunity to design a specialized product from the ground up and with people that, like us, are committed to innovation and bringing new solutions and support to meet evolving client needs and expectations.”
Built on the premise that successful individuals are always moving forward, while also seeking a highly personalized experience, Berkley One offers an innovative, client-focused insurance experience. Like all insurance offered by Berkley One, the travel product has been designed to provide a strong base of coverage with customization options, allowing the client to adapt coverage to the way they live and travel. Coverage is accompanied by strong service support including access to non-insurance travel services such as medical and personal assistance services. First class claims service from specialists in managing travel losses rounds out the travel insurance offering.
As Berkley One expands into new states, strong partnerships with select independent agents are a key measure of success. “We’re working with agents in Arizona and Colorado who are experts in personal insurance, genuinely put clients first and want to collaborate with us to create a unique and more personalized experience,” says Paige Wilson, Vice President of Distribution for Berkley One.
“We’re only as strong as our agency partners, and we have an exceptional group working side-by-side with us to build Berkley One.”
Residents of Arizona and Colorado can now obtain information from Berkley One by visiting www.berkleyone.com to find an agent or request a quote. Travel insurance from Berkley One is available in Arizona with additional states expected to follow.
About Berkley One: Berkley One is a member company of W. R. Berkley Corporation, one of the nation’s premier commercial property casualty insurance providers, whose insurance company subsidiaries are rated A+ (Superior) by A.M. Best Company. Founded in 1967, W. R. Berkley Corporation conducts business through more than 50 operating units and reported $7.7 billion in total revenues in 2017.
About Berkley Accident and Health: Berkley Accident and Health is a member company of W. R. Berkley Corporation, a Fortune 500 Company. Berkley Accident and Health provides an innovative portfolio of accident and health insurance products. It offers four categories of products: Employer Stop Loss, Group Captive, Managed Care (including HMO Reinsurance and Provider Excess) and Specialty Accident. The company underwrites Stop Loss Coverage through Berkley Life and Health Insurance Company, rated A+ (Superior) by A.M. Best.