W.R. Berkley

W.R. Berkley Corporation is an insurance holding company based in Greenwich, Connecticut, established in 1967. The company operates primarily in two segments: Insurance and Reinsurance. The Insurance segment underwrites a diverse range of commercial insurance products, including general liability, workers' compensation, professional liability, and commercial automobile coverage. It also offers specialized insurance solutions for various sectors, such as technology, health care, and environmental risks, as well as personal lines like home and automobile insurance. Additionally, it provides accident and health insurance, excess liability coverage, and cyber risk solutions. The Reinsurance segment assists other insurance companies and self-insured entities in managing their risk through treaty and facultative reinsurance arrangements. W.R. Berkley is recognized for its comprehensive approach to addressing commercial risks both domestically and internationally.

Michael Nannizzi

Head of Venture Investments

16 past transactions

UVeye

Series D in 2025
UVeye Ltd. is a technology company specializing in the development of automatic vehicle inspection systems. Founded in 2016 and based in Stamford, Connecticut, the company utilizes advanced camera technologies and computer algorithms to thoroughly examine vehicles, focusing on the undercarriage, tires, and exterior. Its systems are capable of detecting anomalies such as oil leaks, rust, paint damage, tire issues, and other modifications within seconds. UVeye's products include stationary and mobile inspection units, equipped with multiple high-resolution cameras that generate 3D images and employ machine learning for real-time analysis. The company serves a diverse clientele, including government entities, automotive manufacturers, and private enterprises, with installations at over 200 sites globally. Notable partnerships with major automotive brands have further solidified its presence in the market, enhancing vehicle maintenance and security protocols.

HOMEE

Series C in 2024
HOMEE, Inc. is a technology company based in Tampa, Florida, founded in 2017. It offers a mobile application that connects homeowners, renters, and property managers with skilled service providers such as handymen, plumbers, electricians, and HVAC technicians. The platform facilitates both scheduled and emergency home service transactions, making it easier for users to find and hire the necessary services. Additionally, HOMEE provides tools that enhance the claims process for insurers and policyholders by connecting them with service providers, thereby streamlining emergency mitigations and repairs. Through its integrated platform, HOMEE aims to improve the efficiency of the claims service process and enhance user satisfaction.

Champ

Series C in 2024
Champ Titles, established in 2018, specializes in digitizing vehicle titling processes. Its secure, patented SaaS technology connects state governments, insurance carriers, financial institutions, vehicle sellers, and consumers. Champ Titles offers solutions tailored to insurance carriers, automotive retailers, and state governments, reducing costs, enhancing security, and facilitating ownership transfers within the vehicle title ecosystem.

UVeye

Series D in 2023
UVeye Ltd. is a technology company specializing in the development of automatic vehicle inspection systems. Founded in 2016 and based in Stamford, Connecticut, the company utilizes advanced camera technologies and computer algorithms to thoroughly examine vehicles, focusing on the undercarriage, tires, and exterior. Its systems are capable of detecting anomalies such as oil leaks, rust, paint damage, tire issues, and other modifications within seconds. UVeye's products include stationary and mobile inspection units, equipped with multiple high-resolution cameras that generate 3D images and employ machine learning for real-time analysis. The company serves a diverse clientele, including government entities, automotive manufacturers, and private enterprises, with installations at over 200 sites globally. Notable partnerships with major automotive brands have further solidified its presence in the market, enhancing vehicle maintenance and security protocols.

Champ

Series B in 2022
Champ Titles, established in 2018, specializes in digitizing vehicle titling processes. Its secure, patented SaaS technology connects state governments, insurance carriers, financial institutions, vehicle sellers, and consumers. Champ Titles offers solutions tailored to insurance carriers, automotive retailers, and state governments, reducing costs, enhancing security, and facilitating ownership transfers within the vehicle title ecosystem.

Sure

Series C in 2021
Sure Inc. is an insurance technology company based in San Diego, California, founded in 2014. It develops and operates an online application that allows users to purchase various insurance coverage, including for luggage, smartphones, clothing, renters, and personal damages. Sure partners with renowned insurance providers such as Nationwide, Chubb, and MetLife to offer these solutions. The company provides an enterprise SaaS platform and APIs that facilitate digital transformation and the distribution of embedded insurance, eliminating the need for extensive IT resources. Its platform is designed to streamline digital insurance sales and service, supporting each phase of the insurance lifecycle and enabling both global consumer brands and insurance companies to efficiently manage and sell their insurance products.

Champ

Series A in 2021
Champ Titles, established in 2018, specializes in digitizing vehicle titling processes. Its secure, patented SaaS technology connects state governments, insurance carriers, financial institutions, vehicle sellers, and consumers. Champ Titles offers solutions tailored to insurance carriers, automotive retailers, and state governments, reducing costs, enhancing security, and facilitating ownership transfers within the vehicle title ecosystem.

Tremor

Series A in 2019
Tremor is a venture-backed insurance technology firm focused on revolutionizing the risk transfer marketplace. The company brings together a diverse team of computer scientists, economists, market designers, and industry practitioners to create a platform that enhances the efficiency of risk transfer globally. Tremor's innovative approach integrates intelligent market design with advanced auction technology and optimization techniques, allowing for more effective pricing and cost management. This results in a smarter market that aims to alleviate the burdens of risk for its customers, ultimately leading to lower costs and improved market dynamics.

UVeye

Series A in 2019
UVeye Ltd. is a technology company specializing in the development of automatic vehicle inspection systems. Founded in 2016 and based in Stamford, Connecticut, the company utilizes advanced camera technologies and computer algorithms to thoroughly examine vehicles, focusing on the undercarriage, tires, and exterior. Its systems are capable of detecting anomalies such as oil leaks, rust, paint damage, tire issues, and other modifications within seconds. UVeye's products include stationary and mobile inspection units, equipped with multiple high-resolution cameras that generate 3D images and employ machine learning for real-time analysis. The company serves a diverse clientele, including government entities, automotive manufacturers, and private enterprises, with installations at over 200 sites globally. Notable partnerships with major automotive brands have further solidified its presence in the market, enhancing vehicle maintenance and security protocols.

Sure

Series B in 2019
Sure Inc. is an insurance technology company based in San Diego, California, founded in 2014. It develops and operates an online application that allows users to purchase various insurance coverage, including for luggage, smartphones, clothing, renters, and personal damages. Sure partners with renowned insurance providers such as Nationwide, Chubb, and MetLife to offer these solutions. The company provides an enterprise SaaS platform and APIs that facilitate digital transformation and the distribution of embedded insurance, eliminating the need for extensive IT resources. Its platform is designed to streamline digital insurance sales and service, supporting each phase of the insurance lifecycle and enabling both global consumer brands and insurance companies to efficiently manage and sell their insurance products.

Pypestream

Series A in 2018
Pypestream Inc. is a New York-based company founded in 2015 that specializes in developing software for customer engagement through real-time mobile chat technology. The company offers a messaging application that centralizes communication for businesses, brands, and organizations, enhancing their ability to connect with audiences. Pypestream has created the Customer Engagement Center, an advanced conversational AI solution that automates interactions at scale, making it a leader in the enterprise AI sector. With a focus on innovation, Pypestream has obtained multiple patents in channel-based communications and serves a diverse range of industries, including streaming, insurance, healthcare, travel, eCommerce, and financial services. The company’s platform emphasizes customer experience through AI-driven smart messaging, robust security, and a user-friendly interface, allowing businesses to efficiently engage with customers. Pypestream aims to facilitate companies' transitions into the digital era, fostering long-term customer loyalty.

Weather Analytics

Series B in 2017
Weather Analytics specializes in providing precision climate data and weather intelligence, integrating dynamic weather and sensor station information. The company aggregates and formats weather data to deliver it in a user-friendly manner, enabling clients to concentrate on addressing their business challenges rather than spending time on data collection and cleansing. By streamlining access to high-quality weather information, Weather Analytics empowers organizations to utilize this data effectively for decision-making and operational efficiency.

American Mining Insurance Company

Acquisition in 2007
American Mining Insurance Company provides insurance products for mining and affiliated industries in the United States.

Garnet Captive

Acquisition in 2006
Garnet Captive Services LLC, established in 2002 and headquartered in Philadelphia, Pennsylvania, specializes in designing, managing, and marketing captive insurance solutions for a select group of insurance companies and mid-sized employers seeking cost control strategies. The company offers open group captive programs, manages heterogeneous and homogenous programs, and provides consulting services to employers considering captive or rent-a-captive formations. Garnet Captive operates through a network of retail brokers and has additional offices in California and Pennsylvania. Since August 1, 2006, it has operated as a subsidiary of Berkley Risk Administrators Company LLC.

GiftCertificates.com

Series A in 2001
GiftCertificates.com, Inc. is a prominent e-commerce provider specializing in reward solutions and gift products for both corporate and consumer markets. Established in 1997 and headquartered in Omaha, Nebraska, the company offers a diverse range of products, including the SuperCertificate, which can be redeemed for numerous merchant gift cards, as well as various greeting and merchant cards across categories such as entertainment, clothing, restaurants, and travel. GiftCertificates.com also provides tailored reward solutions, including promotions, employee recognition programs, and wellness initiatives. Additionally, the company supports clients with program strategy, incentive management, and administration services. Its extensive offerings cater to industries such as automotive, finance, healthcare, and technology, positioning GiftCertificates.com as a leading choice in the marketplace for innovative gifting and reward solutions.

Midwest Employers Casualty Company

Acquisition in 1995
Midwest Employers Casualty Company specializes in providing tailored workers' compensation excess insurance products. The company serves individual employers, groups, and insurance companies, offering them customized solutions to manage their workers' compensation needs. In addition to excess workers' compensation, Midwest Employers Casualty also provides surety services, ensuring a comprehensive approach to risk management in the workplace. By focusing on the unique requirements of its clients, the company aims to deliver effective insurance solutions that enhance workplace safety and financial stability.
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