W.R. Berkley’s Preferred Employers Insurance Appoints Peter Hong to Strengthen California Workers Compensation
- W.R. Berkley's Preferred Employers Insurance appointed Peter Hong as Assistant VP to enhance distribution in California's workers compensation market.
- Hong's leadership will drive growth and improve care for injured employees, reinforcing the company's commitment to quality service.
- The appointment reflects Preferred Employers Insurance's dedication to high standards and expansion in the property casualty insurance sector.
Preferred Employers Insurance Strengthens Leadership to Enhance California's Workers Compensation Market
Preferred Employers Insurance, a subsidiary of W.R. Berkley Corporation, announces the appointment of Peter Hong as the new Assistant Vice President of Programs & Distribution Operations, effective June 4, 2025. This strategic move aims to bolster the company’s distribution capabilities and solidify its position in California’s competitive workers compensation market. With over two decades of experience in managing broker territories and distribution teams, Hong is set to play a pivotal role in refining the company’s operational strategies. He is expected to collaborate closely with underwriting, marketing, and broker partners to enhance overall operational performance and improve customer experiences.
S. Akbar Khan, President of Preferred Employers Insurance, highlights the significance of Hong's leadership in addressing the needs of California employers. By focusing on the distribution strategy, Hong will not only drive sustainable growth but also ensure that injured employees receive exceptional care, aligning with the company’s long-standing commitment to quality service. Preferred Employers Insurance has established itself as a specialty provider of workers compensation insurance for California employers since 1998, earning recognition for delivering the "gold standard" in care for injured workers. Hong’s strategic vision is anticipated to further strengthen the company's mission and support its goal to expand its reach in the state.
Hong’s academic credentials, including a BS in Industrial Engineering from Georgia Tech and an MBA from the University of Wisconsin-Madison, complement his extensive professional background. His appointment reflects Preferred Employers Insurance’s dedication to maintaining high standards and reinforcing its reputation within the property casualty insurance sector, as evidenced by its A+ (Superior) rating from A.M. Best Company. The company is poised to leverage Hong’s expertise to enhance its programs and services while remaining focused on being the preferred workers compensation solution in California.
In addition to enhancing operational performance, Preferred Employers Insurance emphasizes its commitment to continuous improvement and expansion of its offerings. The company encourages interested parties to visit their website or reach out to insurance brokers for more information on their products and services. Through these initiatives, Preferred Employers Insurance aims to solidify its market position while ensuring the well-being of California's workforce.