Latest Markel Headlines
All the headlines from our Markel Topic Page, ordered by recency.
Markel’s Crowley to Retire at End of 2017
Nov 17 2017 // Markel Corp. announced that F. Michael Crowley, the company’s vice chairman, plans to retire on December 31, 2017. Crowley will transition his duties and responsibilities as well as his relationships with key...
MGA Newbridge Offers Political Violence, Terror Cover; Chaucer, Markel Provide Capacity
Nov 9 2017 // Newbridge Risk Partners, an underwriting cell on the Castel Underwriting MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its...
Markel Launches Primary Coverage for Biomedical, Life Sciences Companies
Oct 25 2017 // Markel Corporation has announced a new insurance product for biomedical and life sciences companies in the U.S. primary insurance segment that provides product liability, professional liability, general liability, clinical...
Markel International Launches Fintech Insurance for Asian Market
Oct 17 2017 // Markel International, the specialist insurer, has unveiled a fintech policy offering comprehensive protection for businesses in the financial technology sector in Asia, having successfully launched it in the UK early last...
Markel Enhances Professional Liability Coverage for Hard-to-Place Law Firms
Sep 19 2017 // Markel Corporation has enhanced its policy form and protections for hard-to-insure law firms which can no longer secure coverage in the admitted markets. This coverage is available on an excess and surplus (E&S) lines...
Markel to Acquire UK Building Services Insurer EC Insurance Co.
Sep 7 2017 // Markel International, the London-based specialist insurer and Markel Corp. subsidiary, plans to acquire the business of EC Insurance Co. Ltd. (ECIC). Sevenoaks, England-based ECIC, whose ultimate parent is the Electrical...
Markel Opens Trade Credit, Political Risk Unit in Chicago
Aug 15 2017 // Markel Corp. has launched a new trade credit and political risk operation in Chicago. Christen Mizell will transfer to Chicago from New York to take on trade credit and political risk underwriting responsibility for the...
Markel Taps Sompo Canopius’ Holcroft as Contract Frustration & Political Risk U/W
Aug 8 2017 // Markel International, the the London-based specialist insurer and Markel Corp. subsidiary, has appointed Alex Holcroft as political risk underwriter in Singapore. He joins the existing trade credit and political risk team...
‘Specialize and Diversify,’ Industry Veteran Markel Tells Super Regional Insurers
Aug 7 2017 // Insurance is a very simple business. “You take in some money, you spend some money and you lose some money, and God willing, you have some left at the end of the day,” according to Anthony (Tony) Markel, vice...
Business Moves
Aug 7 2017 // Markel, State National Markel Corp. will acquire Texas-based State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue...
Markel to Acquire State National for $919 Million
Jul 26 2017 // Markel Corp. will acquire Texas-based State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue streams. Both...
Markel Names HDFC Ergo’s Mathur to Lead Entry into India with Lloyd’s Platform
Jul 24 2017 // Specialist insurer Markel International has appointed Deepika Mathur to lead its entry into the Indian market. Capacity will be provided by Markel’s Syndicate 3000 at Lloyd’s and business will be written...
‘Specialize and Diversify,’ Industry Veteran Markel Tells Super Regional Insurers
Jul 21 2017 // Insurance is a very simple business. “You take in some money, you spend some money and you lose some money, and God willing, you have some left at the end of the day,” according to Anthony (Tony) Markel, vice...
Markel Hires Ferguson to New York-Based U.S. Excess Casualty Team
Jul 21 2017 // Markel Global Insurance, a division of Markel Corporation, has hired John Ferguson as a director of its New York-based U.S. Excess Casualty team. In his new role, Ferguson serves as the retail construction practice lead...
Markel UK Launches Media, Creative Industry Coverage
Jun 19 2017 // Markel UK has launched a package policy for media and creative industries that provides a wide range of covers to a broad selection of businesses, as well as access to a free debt recovery helpline, provided by solicitors...
Matthews Joins Markel International Trade Credit Team in Singapore
Jun 12 2017 // Markel International, a specialist insurer, has appointed Dillon Matthews as trade credit underwriter and senior risk analyst in Singapore, in a move to strengthen and broaden its Asia Pacific resources. Matthews will...
Markel Combines Wholesale & Global Divisions in Bid to Enhance Efficiency
Jun 8 2017 // Markel Corp., in a bid to boost innovation and competitiveness, combined its Wholesale and Global arms into one entity to be known as Markel Assurance. Wholesale consists of excess and surplus lines and Global Insurance...
Markel to Set Up Munich-Based Subsidiary in Preparation for Brexit
May 18 2017 // Markel Corp. announced it plans to apply for regulatory approval to establish an insurance company in Germany to ensure that whatever the outcome of the Brexit negotiations it will be able to meet the insurance needs of...
MGA Pen Underwriting & Markel Partner to Offer UK Equine Cover
Apr 27 2017 // Pen Underwriting has formed a new strategic partnership with specialist insurer Markel International to further consolidate Pen’s presence in the UK equestrian market and drive the company’s product innovation...
Markel Int’l Singapore Taps Munich Re’s Fordham as Marine Liability U/W
Apr 18 2017 // Markel International Singapore, the specialist insurer, has appointed Colin Fordham as a senior marine liability underwriter based in Singapore. Fordham joins from the Munich Re syndicate on the Lloyd’s Asia...
