W.R. Berkley

W.R. Berkley Corporation is an insurance holding company based in Greenwich, Connecticut, founded in 1967. The company operates primarily in two segments: Insurance and Reinsurance. The Insurance segment underwrites a wide range of commercial insurance products, including property, workers' compensation, general liability, and professional liability, as well as specialized coverages for various industries such as technology, healthcare, and environmental risks. It also offers personal lines insurance, including homeowners and automobile coverage. The Reinsurance segment assists other insurance companies and self-insured entities in managing their risk exposure through treaty and facultative reinsurance solutions. W.R. Berkley serves both domestic and international markets, providing comprehensive risk management and insurance solutions to a diverse clientele.

David Higley

President

12 past transactions

UVeye

Series D in 2023
UVeye Ltd. designs and manufactures advanced vehicle inspection systems that leverage high-resolution cameras and computer algorithms to automatically detect anomalies, modifications, and foreign objects in vehicles. Their product line includes stationary and mobile under-vehicle inspection systems, which can identify concealed weapons and contraband while providing 3D imaging of a vehicle's undercarriage. The systems are equipped with license plate recognition capabilities, allowing for efficient database storage and retrieval of vehicle information. UVeye serves a diverse clientele, including government entities such as embassies and military bases, as well as private organizations globally. Founded in 2016 and headquartered in Stamford, Connecticut, UVeye aims to enhance security and maintenance across various sectors, integrating digital solutions into the vehicle inspection process.

Champ

Series B in 2022
CHAMPtitles, LLC, founded in 2018 and based in Cleveland, Ohio, specializes in online car titling services. The company offers the BELTED System, a marketplace that connects various stakeholders in vehicle transactions, allowing them to electronically verify their interests. By utilizing secure, patent-pending technology, CHAMPtitles replaces outdated systems for managing automobile titles in the United States. This innovation helps streamline the title issuance process, transforming it from a cumbersome administrative task into a more efficient and cost-effective operation for all parties involved in the title ecosystem.

Sure

Series C in 2021
Sure Inc. is a San Diego-based company that specializes in providing a mobile application for purchasing various types of insurance coverage, including luggage, smartphones, personal property, and liability insurance. Founded in 2014, the company partners with multiple insurance providers to offer a range of solutions tailored to consumer needs. Sure's platform facilitates the purchase and management of insurance policies, making it convenient for users to obtain coverage when and where they need it. The company focuses on streamlining the insurance process through digital transformation and offers features that support the entire insurance lifecycle, catering to both consumers and businesses.

Champ

Series A in 2021
CHAMPtitles, LLC, founded in 2018 and based in Cleveland, Ohio, specializes in online car titling services. The company offers the BELTED System, a marketplace that connects various stakeholders in vehicle transactions, allowing them to electronically verify their interests. By utilizing secure, patent-pending technology, CHAMPtitles replaces outdated systems for managing automobile titles in the United States. This innovation helps streamline the title issuance process, transforming it from a cumbersome administrative task into a more efficient and cost-effective operation for all parties involved in the title ecosystem.

Tremor

Series A in 2019
Tremor Technologies, Inc. is a Boston-based company that develops and operates a reinsurance trading platform facilitating programmatic reinsurance transactions. Founded in 2016, Tremor leverages advanced auction technologies and optimization techniques to create SmartMarkets that enhance the reinsurance process. The platform aims to improve pricing accuracy, streamline contracting, and significantly enhance the placement process while providing comprehensive market analytics.

UVeye

Series A in 2019
UVeye Ltd. designs and manufactures advanced vehicle inspection systems that leverage high-resolution cameras and computer algorithms to automatically detect anomalies, modifications, and foreign objects in vehicles. Their product line includes stationary and mobile under-vehicle inspection systems, which can identify concealed weapons and contraband while providing 3D imaging of a vehicle's undercarriage. The systems are equipped with license plate recognition capabilities, allowing for efficient database storage and retrieval of vehicle information. UVeye serves a diverse clientele, including government entities such as embassies and military bases, as well as private organizations globally. Founded in 2016 and headquartered in Stamford, Connecticut, UVeye aims to enhance security and maintenance across various sectors, integrating digital solutions into the vehicle inspection process.

Sure

Series B in 2019
Sure Inc. is a San Diego-based company that specializes in providing a mobile application for purchasing various types of insurance coverage, including luggage, smartphones, personal property, and liability insurance. Founded in 2014, the company partners with multiple insurance providers to offer a range of solutions tailored to consumer needs. Sure's platform facilitates the purchase and management of insurance policies, making it convenient for users to obtain coverage when and where they need it. The company focuses on streamlining the insurance process through digital transformation and offers features that support the entire insurance lifecycle, catering to both consumers and businesses.

Pypestream

Series A in 2018
Pypestream Inc. is a New York-based company specializing in conversational AI and customer engagement software. Founded in 2015, it offers a messaging platform designed to enhance interactions between businesses and consumers through real-time and mobile chat technology. The platform consolidates communications into a single location, allowing brands and organizations to engage with their audiences effectively. Pypestream's solutions are built for scalability and are backed by military-grade security, ensuring a secure customer experience. The company provides a comprehensive, turnkey solution that operates on a pay-for-performance basis, utilizing cloud-based micro apps to facilitate smart messaging and automation.

Weather Analytics

Series B in 2017
Weather Analytics is a breakthrough provider of precision climate data, weather intelligence and dynamic weather and sensor station integration. We find, assemble and format weather data so that you don’t have to. Our climate data is delivered in an easily accessible format that allows customers to focus their efforts on solving business problems versus aggregating and cleansing data from raw sources, which offer very limited value on their own.
American Mining Insurance Company provides insurance products for mining and affiliated industries in the United States.

Garnet Captive

Acquisition in 2006
Garnet Captive provides alternative risk consulting and brokerage services, including captive insurance program services, primarily for workers' compensation customers. This acquisition offers an opportunity for Garnet Captive to increase the scale of its business and for BRAC to enter into a new area of the alternative markets business, thus offering expanded opportunities for both entities. It works with brokers and clients throughout the formation and sales process, and continue to work with its partners and clients after the formation, providing customizable levels of service for all programs. Garnet Captive was founded in 2002 and is headquartered in Philadelphia, Pennsylvania.

GiftCertificates.com

Series A in 2001
GiftCertificates.com, Inc. is an e-commerce provider of diverse reward solutions and gift products tailored for both corporate and consumer markets. Founded in 1997 and headquartered in Omaha, Nebraska, the company offers a wide range of products, including the SuperCertificate, which is redeemable for numerous original merchant gift cards. Its offerings extend to greeting cards, merchant cards across various categories such as entertainment, clothing, home, and travel, as well as e-Gift cards. In addition to gift products, GiftCertificates.com provides comprehensive reward solutions, including consumer promotions, employee recognition programs, and wellness initiatives. The company also delivers client services, such as program strategy and incentive management, catering to various industries, including finance, healthcare, and retail. As of February 2019, GiftCertificates.com operates as a subsidiary of Tango Card, Inc.
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