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W.R. Berkley Corp. has appointed Scott R. Barraclough president of its Mount Laurel, New Jersey-based Admiral Insurance Group subsidiary.
Based in Mount Laurel, Mr. Barraclough succeeds Steven S. Zeitman, who has been named chairman of Admiral Insurance, Berkley said Thursday in a statement.
Previously, Mr. Barraclough was executive vice president of Admiral, which is an excess and surplus lines insurer.
W.R. Berkley Corp. reported a 1% increase in net income in a market in which it said insurance continues to be incrementally more competitive while reinsurance is gradually becoming less intensely competitive.