Latest Markelcorp Headlines

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

People Moves: Markel CATCO’s Moore and Aon’s Boon Join Lockton Re; Fidelis Names Lancashire’s Russell as Head of Marine

Nov 5 2021 // Lockton Re Hires Moore, Boon for Non-Marine Retrocession, Property SpecialtyLockton Re, the global reinsurance business of the largest privately held independent insurance broker, announced that Simon Moore and James Boon...

Markel Offers Accelerated Return of Capital to Investors in 2 CATCo Funds in Runoff

Sep 27 2021 // Markel Corp. and Markel CATCo Investment Management Ltd. (MCIM) announced the terms of a buy-out transaction that provides an accelerated return of substantially all the net asset value in Markel CATCo Reinsurance Fund...

Insurtech VOOM, Markel Offering Mileage-Based Motorcycle Insurance

Aug 17 2021 // Mobility insurtech VOOM and specialty insurer Markel have teamed up to launch a per-mile insurance offering for motorcycles in select states.VOOM will distribute the per-mile product both directly to riders and through...

People Moves: New Hires at Conner Strong & Buckelew, Markel Corporation, LL Global

Jul 13 2021 // Conner Strong & Buckelew, a Camden, New Jersey-based insurance, risk management and employee benefits brokerage and consulting firm, has hired Ed Hanna as vice president of enterprise risk management (ERM).Hanna has...

People Moves: Smallcombe Joins Argo; Markel Hires Towse; Celent Adds Cake’s Norris; Ascot Expands Reinsurance Team

Jul 7 2021 // Smallcombe to Lead Argo ConstructionSpecialty insurer Argo Group International Holdings announced that Kristyn Smallcombe has been appointed senior vice president, Argo Construction practice leader. Smallcombe joins Argo...

Wilson to Succeed Stovin as President of Markel International

Jun 29 2021 // Markel Corp. announced that Simon Wilson will become the next president of Markel International, a wholly owned subsidiary. He will succeed William Stovin who has led the Markel International division since 2008.The...

People Moves: Embroker Names 2 Execs; Markel Promotes Castriotta; Kaufmann, McPhail Join WTW; Laufer, Pignataro to AGS Executive Team

May 26 2021 // Digital commercial lines insurer Embroker announced the appointment of a chief insurance officer and a chief technology officer.Steve Prymas, Embroker’s new chief insurance officer, brings 20 years of experience to...

Markel Corporation and Nationwide Join InsurConneXtions Alliance

Apr 28 2021 // Markel and Nationwide join AmWins, CRC Group, Heffernan, and Patra to bring standardized technology-enabled solutions to the insurance industry with AI and AutomationEL DORADO HILLS, Calif., April 28, 2021 – A consortium...

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...