WR Berkley makes executive appointments at subsidiary
US insurer WR Berkley Corporation has appointed David Lockhart as president of Gemini Transportation Underwriters, a Berkley company. Lockhart succeeds Rocco Modafferi, who has been named chairman of Gemini.
Lockhart joined Gemini as a senior vice president in 2014 and was named executive vice president in 2017. He has 30 years of experience in the property casualty insurance industry in a broad range of domestic and international underwriting products and services.
Modafferi joined Berkley as president of Gemini when it was formed in 2009 and has 40 years of experience in the property casualty insurance industry. In his role as chairman, he will work to ensure a seamless transition and remain a tactical advisor to the leadership team. In addition, Modafferi will manage a number of special projects for WR Berkley Corporation.
W. Robert Berkley, Jr., president and chief executive officer of WR Berkley Corporation, said: “Under Rocco’s expert leadership, Gemini has successfully navigated the complexities of the excess casualty market for the transportation industry, establishing a well-run and profitable business. We are fortunate to have a talented executive like Dave on our team with the knowledge and experience at Gemini to lead the company forward. We are grateful to both Rocco and Dave for their contributions to our organization and wish them the greatest success in their new roles."
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