Markel appointed Matt Huels as managing director, brokerage casualty, for its product line leadership team. He is based in Chicago. Huels comes to Markel from XL, where he was vice president of the casualty product line nationwide. Huels has also …
Markel Corp. has appointed Thomas K. “Smitty” Smith to the newly-created position of chief marketing officer. In his new role, he is responsible for business development, branding, managing strategic relationships, creating digital assets, and corporate advertising/marketing activities. Smith joined Markel …
Markel Corp. is now underwriting trade credit insurance in its New York office. Policies will be underwritten on an admitted basis, utilizing two Markel insurance companies, Markel American Insurance Co. and Markel Insurance Co. Products may not be available in …
Markel Corp. announced that Troy Williams has joined the medical malpractice team as director of Medical Professional Liability. Williams is based in the Deerfield, Illinois office; his responsibilities are countrywide. Williams is an experienced medical malpractice underwriter, having worked at …
Markel Corp. said it has completed its acquisition of Alterra Capital Holdings Limited. The closing follows receipt of regulatory approvals and votes in favor of the transaction by the shareholders of the two companies in February. As a result, two …
Specialty insurer Markel Corp. has agreed to acquire Alterra Capital Holdings Ltd. for $3.1 billion in cash and stock to increase business diversification and expand into reinsurance. The two companies announced Wednesday that their boards of directors have unanimously approved …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of the members of the Markel North America Insurance Group. Best also affirmed the FSR of ‘B++’ (Good) and ICR …
Glen Allen, Va.-headquartered Markel Corp. on Thursday posted $89.69 million net income to shareholders for its 2012 second quarter, a 197 percent increase from $30.31 million income reported a year earlier. Markel benefited from stronger underwriting results — especially from …
Richmond, Va.-headquartered Markel Corporation announced two executive promotions for its specialty division.The company said Chris Reichert has been promoted to managing director of sales and marketing for Markel Specialty.
Markel International announced from its London headquarters that it has acquired the portfolio of business of Quay Underwriting (QU), a managing agent based in Dorset. Markel said QU “provides a wide range of insurance products for fine art and collectables, …
