W.R. Berkley Founder Passes Away at Age 80

It’s close to the end of an era. On June 9th, William Berkley — one of the last of the Greatest Generation insurance giants — passed away at age 80. He was the founder and executive chairman of W.R. Berkley. The company was founded in 1967 and he built it into a fortune 500 firm.

His son, W. Robert Berkley has replaced his father at executive chairman of the company.

"My father was more than an extraordinary leader and entrepreneur, whose vision and values shaped the company. He was a father, best friend, and mentor to me and numerous colleagues, and his influence on us, our Company, and the broader industry and the countless lives he touched and enhanced is immeasurable," Berkley said. "Beyond his business achievements, my father was deeply devoted to giving back to improve the lives of others. He particularly focused on education and healthcare. He generously supported educational institutions at all levels, reflecting his belief in expanding opportunity and fostering intellectual curiosity, and his conviction that opportunity and knowledge are fundamental to individual growth and societal progress.”

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