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Based in Greenwich, Connecticut, W. R. Berkley Corporation (WRB) is an insurance holding company that operates as a commercial line writer worldwide. Valued at a market cap of $22.5 billion, the company has more than 60 successful insurance businesses to help independent agents and brokers deliver commercial and high net-worth personal lines insurance solutions through expertise based on industry, product, and region.
Companies worth more than $10 billion are generally labeled as “large-cap” stocks, and W. R. Berkley fits this criterion perfectly. The company's long-term strategy of decentralized operations gives it a competitive edge since it enables each of its units to identify and respond quickly and effectively to changing market conditions and local customer needs.
