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Clermont Specialty Managers Rebrands As Berkley Luxury Group for National Rollout

January 5, 2018

RUTHERFORD, N.J.—Clermont Specialty Managers, a Berkley Company, is expanding its service offerings nationwide and rebranding as Berkley Luxury Group with two divisions, Berkley Luxury Real Estate Specialists and Berkley Fine Dining Specialists.  The change will take effect February 1st. 

President Bill Johnston said the rebrand is the most visible component of the company’s state-by-state U.S. rollout. The new name is designed to clearly identify the company as an operating unit of Berkley, one of America’s largest commercial line writers, and what Berkley Luxury Group offers: tailored, all-inclusive insurance solutions for luxury condo, coop and rental properties and fine dining restaurants.

“We’re well known in these markets within our initial footprint of New York, New Jersey, and Illinois,” Johnston said, “but as we’ve expanded, we knew we needed a name that could carry our banner into new territories, to immediately convey the unique benefits of working with us.”

The company, headquartered in Rutherford, New Jersey, with offices in New York City and Chicago, writes luxury habitational business in New York, New Jersey, Illinois, Pennsylvania, Maryland, Virginia and the District of Columbia and most recently, Minnesota and Massachusetts. Berkley Luxury Group also writes fine dining business in these states, as it does in California, Connecticut, Missouri, and Nevada, and plans to file in remaining jurisdictions as it expands its restaurant division nationwide.  

“We chose the name ‘Berkley Luxury Group’ because it quickly tells our best-of-both-worlds story: that we have the underwriting and claims expertise and responsiveness to deliver exceptional service to these two very specialized luxury markets, plus we also have access to the  strength and stability of a large, well known and highly regarded corporation,” Johnston said. “The new name also reminds our employees, producer partners and insureds of our commitment to satisfying the needs and wants of those who work in luxury real estate and fine dining.”

As a part of the rebrand, the company will also be reworking its website and social media presence.

To learn more about Berkley Luxury Group and its insurance and risk management products, visit www. berkleyluxurygroup.com.

Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Certain coverages may be provided through surplus lines insurance company subsidiaries of W. R. Berkley Corporation through licensed surplus lines brokers. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.