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W. R. Berkley Corporation Names Linda A. Eppolito President of Berkley Oil & Gas

W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Linda A. Eppolito as president of Berkley Oil & Gas. She succeeds Carol A. Randall, who has been named chairman of the operating unit. The appointments are effective immediately.

Ms. Eppolito joined Berkley Oil & Gas in July 2010, most recently serving as its chief financial officer. She has 27 years of property and casualty insurance industry experience and extensive knowledge within the energy specialty. She is a Certified Public Accountant and holds a Bachelors of Business Administration from Baruch College and an MBA from Houston Baptist University.

Ms. Randall joined Berkley Oil & Gas in 2009 to build, develop and lead the newly formed business. As chairman of Berkley Oil & Gas, she will actively support the team across industry matters that impact our business partners, brokers and insureds and throughout the energy industry.

W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, commented on the appointment, "Carol has made a tremendous contribution to our Company. Under her direction, Berkley Oil & Gas has become a leading provider of specialized coverages and risk services to clients in the energy industry. She has also brought great value to the organization on multiple levels beyond Berkley Oil & Gas during her tenure. Carol will to continue to provide her knowledge, expertise and guidance to the operation as well as the broader W. R. Berkley Corporation.

“Linda has been with the group as part of Berkley Oil & Gas since nearly its formation and has partnered closely with Carol in developing this outstanding business. Her knowledge and expertise combined with the strength of the highly skilled team will provide for an extremely smooth transition as well as ensuring a bright future for all stakeholders. We are extremely pleased that Linda has taken on this role."

For further info about products and services available from Berkley Oil & Gas, please visit https://www.berkleyoil-gas.com.

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com.

Contacts

Karen A. Horvath

Vice President - External

Financial Communications

(203) 629-3000

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