According to a Press release, Balch takes over the role from Matthew A. Mueller, who is transitioning to the position of chairman of the business, with these changes effective immediately. Berkley Technology Underwriters specializes in offering property, casualty, and professional insurance coverage. The company focuses on clients with technology exposure and technology firms globally.
Balch brings nearly two decades of experience in the property and casualty insurance sector to Berkley Technology Underwriters. His career includes a significant tenure in insurance distribution and a range of technical and management positions at a major national insurance company, primarily focused on the commercial insurance market.
Mueller, on the other hand, has been with Berkley Technology Underwriters since its inception in 2011, initially serving as president. In his new role as chairman, Mueller will oversee the transition period and continue to be a vital part of the W. R. Berkley Corporation team.
“We are extremely grateful to Matt for his outstanding contributions to our organization. He was instrumental in the establishment and development of Berkley Technology Underwriters, and we are fortunate to have him continuing as chairman of the business. Chris is an accomplished executive, and we are excited to have him lead the talented Berkley Technology Underwriters team going forward,” W.R. Berkley Corporation president and CEO W. Robert Berkley, Jr said.
Elsewhere for the insurance group, W. R. Berkley Corporation has also announced the appointment of Lee Iannarone as senior vice president and general counsel.
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