Latest Markelcorp Headlines
All the headlines from our Markelcorp Topic Page, ordered by recency.
Insurance Technology: Marble Opens Up Wallet; AXA Funds Idelic’s Analytics; Markel Backs Counterpart Platform
Mar 30 2021 // Insurtechs focused on consumer management of insurance policies and commercial fleet analytics are expanding their reach following funding rounds. Also, a new platform for offering management liability insurance to small...
Bond to Lead Expanded Markel Surety Practice with $500M in Capacity
Jan 7 2021 // Markel Surety, a part of Markel Corp.’s Markel’s Specialty division, has increased its capacity offering to $500 million for the most qualified accounts with the establishment of a National Accounts...
Markel Corporation Hires Gandy as Managing Director for Talent, Diversity and Inclusion
Jan 6 2021 // Markel Corporation has hired Trevor Gandy as managing director for Talent, Diversity and Inclusion, effective January 1, 2021. In this new role, Gandy will further shape the company’s diversity, equity and inclusion...
Tangram Teams With Markel on Propane and Fuel Distributors Program
Oct 23 2020 // Tangram Insurance Services, a managing general agency, and Markel Corp. have launched a program to provide excess liability capacity above Tangram’s current offering in the propane and fuel distribution...
Markel Consolidates Property Catastrophe Reinsurance Business Under Nephila
Oct 7 2020 // Markel Corp. said it is creating one center for all of its global property catastrophe (CAT) reinsurance business by closing its Markel Global Reinsurance property CAT unit and having Nephila become Markel’s single...
Virginia’s Markel Corporation Appoints Chu as Chief Risk Officer
Aug 26 2020 // Markel Corporation has appointed Julia Chu as chief risk officer, effective immediately. In this new role, Chu will be responsible for Markel’s enterprise risk management, capital planning and ceded reinsurance...
Markel Specialty Taps Elzer to Lead Newly Launched Risk Solution Services
Jul 23 2020 // Markel Specialty has launched Risk Solution Services, its newly expanded loss control department, and has tapped Allison Elzer to lead the department along with her team. This department will support clients and production...
Markel International Exits Personal Accident, Contingency Insurance on COVID-19 Impact
Jun 18 2020 // Markel International, the London-based specialist insurer and division of Markel Corp., has announced its wholesale business will now focus solely on the entertainment book of business within its personal accident,...
Markel Estimates COVID-19 Losses of $325 Million
Apr 30 2020 // Diverging from strategies of some competitors, Markel Corp. established a big reserve for a chunk of its potential COVID-19 exposure for the entire year—putting up $325 million for direct potential losses. The holding...
Markel to Combine Two Divisions to Create Markel Specialty
Mar 2 2020 // Markel is combining its Markel Specialty and Markel Assurance divisions into one division called Markel Specialty, which launches on April 1. The new division will preserve the company’s current regional model and...
IICF Raises $1.14M at Annual Benefit Dinner Honoring Markel Corporation
Dec 24 2019 // The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, raised $1.14 million at its 13th Annual Northeast Benefit Dinner held December 11 at...
Markel Corp. Chairman Kirshner to Retire Next May; Steven Markel to Succeed Him
Nov 20 2019 // Specialty insurer Markel Corp. announced that Alan I. Kirshner, the company’s executive chairman and chairman of the board, will retire as a director and officer of the company in May, 2020. Kirshner has been with...
Markel to Acquire Virginia’s VSC Fire & Security
Nov 12 2019 // Markel Corporation and VSC Fire & Security Inc. have entered into a definitive agreement for Markel to acquire VSC. The transaction is subject to customary closing conditions and is expected to close in the fourth...
Markel Adds Cybersecurity Risk Management Tool to Cyber Products
Oct 30 2019 // Markel has launched a risk management tool for its cyber policyholders. The new WhiteHaX testing and reporting tool simulates cybersecurity breaches and assesses the readiness of deployed security infrastructure and...
Markel Adds Cyber Security Tool WhiteHaX for Cyber Insurance Customers
Oct 29 2019 // Markel, a cyber liability insurer, has added a risk management tool for its cyber insurance policyholders. WhiteHaX, a cyber risk testing and reporting tool, simulates cyber security breaches and assesses the readiness of...
For Michigan’s Hagerty, Insurance Is Just the Start
Oct 7 2019 // Traverse City, Michigan-based Hagerty is evolving to adapt to a changing automotive world. “Our mission as a business is to save driving and car culture for future generations,” said McKeel Hagerty, CEO....
Markel International Sells Brazilian Insurance Business to Executive Team
Oct 2 2019 // Markel International, the London-based specialist insurer and subsidiary of Markel Corp., announced that it has sold its insurance operations in Brazil to its existing executive team. Markel Seguradora do Brasil, S.A. is...
Michigan Classic Auto Insurer, Hagerty, Driving Into the Future
Sep 23 2019 // Traverse City, Michigan-based Hagerty is evolving to adapt to a changing automotive world. “Our mission as a business is to save driving and car culture for future generations,” said McKeel Hagerty, CEO....
Markel Hires Slade from Hamilton Capital as President of New ILS Fund, Lodgepine
Sep 19 2019 // Markel Corp. announced it has hired Brenton “Brent” Slade as president of Lodgepine Capital Management Ltd., its new retrocessional insurance linked securities (ILS) fund based in Bermuda. Slade comes to...
Markel Launches Bermuda Retrocessional ILS Platform, Lodgepine Capital Management
Sep 12 2019 // Markel Corp. announced the launch of Lodgepine Capital Management Ltd., its new retrocessional Insurance Linked Securities (ILS) fund manager in Bermuda, together with a reinsurance company, Lodgepine Re. Lodgepine’s...
