W.R. Berkley forms Berkley Meridian specialty insurance unit through Verus-Vela combination
WRB•W.R. Berkley combines Verus and Vela into Berkley Meridian
W.R. Berkley formed Berkley Meridian, combining Verus Specialty Insurance with Vela Insurance Services to expand its specialty insurance platform.
The business targets the E&S wholesale broker market, aiming for a more consistent experience for brokers and customers.
Integration has started, with completion expected in early 2027.
Marlo M. Morrison has been named president of Berkley Meridian.
