A Constellation of Resources for Wholesale Brokers
A Constellation of Resources for Wholesale Brokers
 
Rotating Employee Portrait
Cathy Camm
A Constellation of Resources for Wholesale Brokers
 
Rotating Employee Portrait
Cathy Camm

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Vela Announces Market Segment Strategy

Vela Insurance Services, a Berkley Company, is pleased to announce enhancements to its Market Segment alignment of our underwriting teams, with a heightened focus on our people, products, and services. This alignment groups our business into four distinct Market Segments, each with a national underwriting team, a portfolio of proprietary products, and dedicated teams in Actuarial, Claims, and other areas.:

  • ​​​Construction
    • Annual​ Practice and Project Policies
    • All states except New York
  • Specialty Casualty
    • Products Liability
    • Energy
    • General Casualty
  • Specialty Construction
    • New ​York Project risks
    • New York Practice risks
    • Commercial Wrap-Ups countrywide
    • Residential Wrap-Ups countrywide
    • Excess Casualty
  • Professional Liability
    • Miscella​neous Professional Liability
    • ​​​Technology Professional Liability
    • ​​Allied Healthcare
    • Cyber Liability
    • Excess Professional Liability
Our enhanced Market Segment strategy addresses the demands of a changing E&S marketplace that values creative solutions, expertise, and superior customer service. 

This strategy builds off our growing pool of talented underwriters and risk specialists - increasing our expertise, focus, consistency, and product development in our four Market Segments .T

Your day-to-day experience with Vela will not change - you can continue to send your submissions to submissions@vela-ins.com, work with your preferred underwriters and risk specialists, and access the same products. With our new structure, you will notice increased specialization of our field staff as we align talent in our Market Segments. 

At Vela, our key strengths are our people, access to Berkley 's financial capital, a culture that embraces innovation and change, and a best-in-class wholesale exclusive distribution model. 

If you have any questions or concerns, please contact me or a member of our executive team.

Thank you for your ongoing support and please join me in congratulating our executives on their new roles. 
6/6/2017

Products and services described above are provided through various surplus lines insurance company subsidiaries of W. R. Berkley Corporation and offered through licensed surplus lines brokers. Not all products and services may be available in all jurisdictions, and the coverage provided by an insurer is subject to the actual terms and conditions of the policies issued. Surplus lines insurance carriers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy issued. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy provisions and any applicable law. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.

Vela Insurance Services conducts business as Vela Insurance Services, LLC in California as a licensed surplus lines broker (License Number 0C94218).