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Berkley Risk Administrators Company, LLCBerkley Risk Administrators Company, LLC (“BRAC”) is a diversified insurance services operation with its main office in Minneapolis, MN and additional offices in sixteen states. BRAC has operations in three distinct areas: Through BRAC’s Berkley Risk division, it provides bundled and unbundled program management and insurance services on a nationwide basis. It offers comprehensive tools designed to help reduce the cost of risk. Additionally, it structures and manages loss sensitive insurance products and programs which allow its customers to further benefit from reductions in the cost of risk. Through BRAC’s affiliate, Riverport Insurance Company, BRAC is capable of providing insurance carrier solutions for customized and Specialty Underwriting Programs designed to address the alternative risk financing objectives of its customers. Through BRAC’s “BRAC-ARPs” division, it provides administrative services for a number of assigned risk plans (and assigned risk plan servicing carriers) throughout the country including policy issuance, claims management and loss control services. It processes over 80,000 policies per year. BRAC is a member company of the W. R. Berkley Corporation.
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