Lloyd's of London has accredited Berkley Technology Underwriters as a coverholder to offer its locally accepted insurance coverage to US-based technology clients.
Provided through W. R. Berkley Syndicate 1967, under Lloyd's licenses, the wide range of first- and third-party insurance coverages include property coverage and electronic processing data equipment, as well as public and general liability.
W. R. Berkley Syndicate 1967 is a Lloyd's syndicate underwriting a portfolio of insurance and reinsurance risks for customers worldwide.
Berkley Technology Underwriters president Matthew Mueller said the partnership will enable the company to address its technology clients requirements wherever they venture to extend their business.
''U.S. technology companies doing business globally are at risk to any number of complex situations and Berkley Technology Underwriters is prepared to provide the solutions they need to navigate those risks,'' Mueller added.
Headquartered in Minneapolis, Berkley Technology Underwriters specializes in professional liability insurance, general liability, property insurance and international technology insurance for technology companies worldwide.
