Latest Markelcorp Headlines

All the headlines from our Markelcorp Topic Page, ordered by recency.

Markel to Acquire Insurance-Linked Securities Manager Nephila

Aug 31 2018 // Specialty insurer Markel Corp. has agreed to acquire all of the outstanding shares of Nephila Holdings, a standalone insurance-linked securities manager. Nephila, has more than $12 billion of assets under management for...

Markel Appoints Beazley’s Lam as Professional & Financial Risks Underwriter

Aug 23 2018 // Markel International, the London-based specialist insurer, has appointed Gordon Lam as a senior professional and financial risks (PFR) underwriter. He will be based in Singapore initially and is expected to relocate to the...

As Underwriting Pain Increases, Insurers Pull Back from Underperforming Lines

Aug 6 2018 // News that Lloyd’s is undergoing a strategic review of its operations may be part of a larger industrywide phenomenon—reality is setting in and underwriting pain is increasing, an industry executive said last...

Markel’s New German Insurer Rated ‘A’ by A.M. Best

Jul 27 2018 // Markel Corp. announced that its newly licensed German insurance company, Markel Insurance SE (MISE), has been given an “A” financial strength rating by A.M. Best. MISE has been established to meet the insurance...

Markel Licensed to Form Insurer in Germany, Securing Post-Brexit EU Access

Jul 20 2018 // Markel Corp. announced it has been granted a license by the German federal financial supervisory authority, BaFin, to establish an insurance company in Germany. Following Brexit, the United Kingdom’s exit from the...

Markel to Welcome Chubb’s Cox as Insurance Operations President, COO; Promotes Kiscaden, Sanders

Jul 11 2018 // Specialty insurer Markel Corp. has announced executive leadership changes for its insurance operations. Robert Cox will join Markel in the newly created position of president and chief operating officer, Insurance...

Markel Gets License to Underwrite Reinsurance on Lloyd’s India Platform

Jun 12 2018 // Markel International, the specialist insurer, has been granted a license by the Insurance Regulatory and Development Authority of India to write reinsurance business in the country. Capacity will be provided by...

People

May 7 2018 // PIA Management Services Inc. has hired Bradford J. Lachut as director of Government and Industry Affairs for the five PIA state affiliates managed by the Glenmont, N.Y.-based group. Lachut previously served as PIA’s...

Markel International Names Davies Trade Credit Underwriter in Singapore

Apr 25 2018 // Specialty insurer Markel International has appointed Nicholas Davies as trade credit underwriter and senior risk analyst in Singapore. Davies will focus on developing Markel’s portfolio across the region, in addition...

Markel Revamps Excess Casualty Leadership Team

Apr 16 2018 // Markel Corp. has reorganized the leadership structure of its excess casualty team, the underwriting unit with teams in the U.S., Bermuda, Dublin and London. Matt Mullen and Colin Shaw, both managing directors, Casualty,...

Markel Corporation Names Kenny Managing Director in Virginia Headquarters

Apr 11 2018 // Markel Corporation has named Brian Kenny managing director of strategic customer growth. Kenny is based in Markel’s headquarters in Richmond, Va., and reports to Markel Assurance President Bryan Sanders. In his new...

Michael Crowley to Receive City of Hope’s Spirit of Life® Award

Apr 11 2018 // Michael “Mike” Crowley to receive award at the National Insurance Industry Council’s Annual Gala; Crowley is retired vice chairman of Markel Corporation. Duarte, CA, April 11, 2018 — The National...

Markel Canada Appoints Crozier from Everest as President

Mar 27 2018 // Markel International, the specialist insurance subsidiary of Markel Corp., has appointed David A. Crozier to be president of Markel Canada, its business which operates across the country, with offices in Toronto, Montreal,...

People

Mar 19 2018 // V3 Insurance Partners LLC, a Newtown, Penn.-based specialty insurance program administrator, has named Brian Janitschke chief operating officer. In this role, he will be based in V3’s Newtown offices and will focus...

Markel International Ceases Writing London Open Market Property Business

Mar 16 2018 // Markel International, the London-based specialist insurance subsidiary of Markel Corp., will cease to write London open market property business with immediate effect. The development has no impact or implications for...

Markel Appoints Chu as Chief Officer for Global Ceded Reinsurance

Mar 15 2018 // Markel Corp. has named Julia Chu as chief officer for Global Ceded Reinsurance. In this newly-created position, Chu will head up ceded reinsurance functions across Markel’s product lines and international insurance...

EC Insurance Begins to Transfer Business to Markel International Paper, After Acquisition

Mar 6 2018 // EC Insurance Company Ltd. (ECIC), the specialist insurer for the contracting market, has begun the process of transferring business over to Markel International Insurance Co. Ltd. (MIICL), following ECIC’s...

Markel Corporation Hires Hungate-Noland in Virginia

Feb 26 2018 // Markel Corporation has hired Beth Hungate-Noland as a managing director. In this role, Hungate-Noland will join the team at Markel that is responsible for oversight of the company’s Markel Ventures operations and...

Markel Completes Acquisition of UK Building Services Insurer EC Insurance Co.

Nov 29 2017 // Markel International, the specialist insurer, has completed its acquisition of EC Insurance Co. Ltd. (ECIC), having received approval from the Prudential Regulation Authority. Sevenoaks, England-based ECIC provides a wide...

Markel Finalizes Acquisition of State National Companies

Nov 17 2017 // Markel Corp. has completed its previously announced acquisition of State National Companies, a specialty provider of property/casualty insurance services that operates two core businesses, program services and lender...