Berkley One Launches in Michigan & Expands its Illinois Capabilities
Berkley One (a Berkley Company), an insurance provider for modern, sophisticated individuals and families, today announced its expansion into Michigan as well as the addition of new coverage enhancements in its first state, Illinois.
Entry into Michigan presents more choices for primary residents and owners of secondary homes, which are prevalent in the state. The insurance solutions offered include home insurance with a primary flood endorsement option as well as collectibles, excess liability and travel coverage. Auto coverage is expected to launch at a later date.
Berkley One also extends its existing lineup of products in Illinois. Auto Suite clients now have the option to purchase roadside assistance. With this endorsement comes access to nationwide on-demand services to help clients get back on the road more quickly. The digital technology matches customers with nearby, available, qualified providers and provides real-time tracking. Additionally, homeowner clients can now obtain excess flood coverage with limits up to $15 million per structure and $20 million per location.
"We ended last year strong and we aren’t wasting any time in 2020. This launch demonstrates our ability to build faster and farther while still advancing our more established states. It’s about continually reinvesting our learnings to put our best foot forward for agents and clients," said Kathy Tierney, President of Berkley One. "We are always listening, analyzing and innovating."
With Michigan, Berkley One is now present in nearly one third of the United States representing close to 70% of the high net worth market. Berkley One’s current footprint includes Arizona, Colorado, Connecticut, Florida, Illinois, Massachusetts, Michigan, Minnesota, New Jersey, New York, Ohio, Pennsylvania, Texas, Vermont and Wisconsin. Individuals living in these states can find an independent agent or request a quote at berkleyone.com.
About Berkley One: Berkley One is a member company of Berkley, one of the nation’s premier commercial property casualty insurance providers, whose insurance company members are rated A+ (Superior) by A. M. Best Company. Founded in 1967, W. R. Berkley Corporation conducts business worldwide through more than 50 operating units and reported $7.7 billion in total revenues in 2018.
Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued.