W. R. Berkley Corporation announced on July 18, 2025, the appointment of Shadi Albert as president of Vela Insurance Services, effective immediately. He succeeds Arthur G. Davis, who will transition to the role of chairman of the business to facilitate a smooth transition.
Mr. Albert joined Berkley as president of Berkley Luxury Group in 2023 and has a proven track record of sustained strong performance and positioning operations for profitable growth. His leadership and experience are expected to complement Vela’s talented team.
Vela Insurance Services specializes in providing Excess and Surplus Lines Casualty and Professional Liability insurance solutions. This leadership change aims to ensure continued exceptional service to its exclusive wholesale broker network and clients.
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