wholesale businesses News

London-Based Markel International Simplifies Structure of Wholesale Business

Markel International, the London-based specialist insurer and subsidiary of Markel Corp., has simplified the structure of its wholesale business, reducing the number of operating divisions from seven to three. These three divisions are: 1) marine, energy and property, 2) specialty …

Willis Completes 85% Stake Buy in UK Wholesale Broker Miller

Willis Group Holdings announced that following receipt of all necessary regulatory approvals, it has completed its investment in Miller Insurance Services LLP, thereby creating a major London wholesale specialist insurance brokerage firm. “The transaction combines the firms’ respective wholesale businesses …