Blockchain Registration Transaction Record

Berkley Launches Edge Unit for Hard-to-Place Business Insurance

W.R. Berkley launches Berkley Edge to provide professional liability & casualty insurance for hard-to-place small businesses through wholesale brokers. Jamie Secor leads new unit.

This development matters because it addresses a critical gap in the insurance market where many small to mid-sized businesses, particularly those in high-risk industries or with complex operations, struggle to obtain adequate coverage. Without proper insurance protection, these businesses face existential threats from lawsuits, accidents, or other liabilities that could bankrupt them. By providing specialized solutions for hard-to-place risks, Berkley Edge enables business continuity, job preservation, and economic stability within communities. For business owners, this means access to essential protection that allows them to operate with confidence, innovate, and grow without fearing catastrophic financial loss from uncovered risks.