Son promoted at W.R. Berkley

W.R. Berkley Corp. promoted W. Robert Berkley Jr. to president and chief operating officer, reporting to CEO William Berkley, his father.

The publicly traded company is based in Greenwich and sells a range of specialty insurance policies. As of April, William Berkley controlled 17 percent of the company”™s stock.

After working as an investment banker at Merrill Lynch, Robert Berkley joined W.R. Berkley in 1997. In 2005, he was promoted to executive vice president, responsible for the company”™s domestic insurance sales and field operations. With his new title, he adds oversight for W.R. Berkley”™s international operations and reinsurance division.

Robert Berkley made $3.9 million last year.

He is also currently chairman of NCCI Holdings Inc., an industry-supported organization that manages the nation”™s largest database of workers”™ compensation insurance information.