Original sentence: Berkley Corporation, founded in 1967, is a commercial lines property casualty insurance holding company.Berkley's total revenue was $4.71 Billion, of which $1.62 Billion came from the company's Specialty, $1.45B from Speciality Lines, $1.21B from Regional, $622 Million from Alternative Markets, $435 Million from Reinsurance, $312 Million from insurance, and $287 Million from International Markets.In 2008, W.R Berkley Analysis on Wikinvest
Edited sentence: Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers.Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product.It has the expertise and resources to utilize its strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.Its competitive advantage lies in its long-term strategy of decentralized operations, allowing each of the company's units to identify and respond quickly and effectively to changing market conditions and local customer needs.This decentralized structure provides financial accountability and incentives to local management and enables the company to attract and retain the highest caliber professionals