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W. R. Berkley Corporation Announces Senior Executive Appointments

Posted on 04 May 2010

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W. R. Berkley Corporation on Monday announced the appointments of Jeffrey M. Hafter and Lucille T. Sgaglione as senior vice presidents. Both Ms. Sgaglione and Mr. Hafter will have oversight responsibility for certain of the company's operating units and report to President and CEO W. Robert Berkley, Jr.

Mr. Hafter has more than 20 years of experience in the commercial property and casualty insurance industry. He most recently served as president of a casualty agency subsidiary of a leading managing insurance agent and underwriter of specialty casualty insurance. Mr. Hafter graduated with a B.S. in Finance and Economics from Ithaca College. His appointment is effective immediately.

Ms. Sgaglione has over 20 years of experience in the commercial property and casualty insurance industry. She most recently served as global head of large complex claims for a major insurer. Ms. Sgaglione earned a B.A. and M.A. in History from Stony Brook University and Columbia University, respectively, and a J.D. from St. Johns University. Her appointment is effective May 13, 2010. William R. Berkley, chairman of the board and chief executive officer of W. R. Berkley Corporation, said: "We welcome Lucille and Jeff to our Company. The knowledge and expertise that each of them brings to these newly created positions builds our management depth, which is a key element in the success of our long-term strategy of decentralized operations."

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 in five segments of the property casualty insurance business: specialty insurance, regional property casualty insurance, alternative markets, reinsurance, and international.