All the headlines from our Markelcorp Topic Page, ordered by recency.
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...
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...
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...
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....
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...
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....
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...
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...
Aug 12 2019 // Markel Corporation has named John Lecci as senior director of Professional Liability. He will be heading up the New York-based US Professional Errors & Omissions team.Lecci was most recently employed by Axis, where he...
Jul 30 2019 // Willis Towers Watson, Lockton and Markel International each have appointed new cyber chiefs.Willis Towers Watson has appointed Peter Foster as chairman of Global FINEX Cyber and Cyber Risk Solutions. Foster has been with...
Jul 26 2019 // Markel Corp. announced it is putting its Bermuda insurance linked securities unit, Markel CATCo, into run-off at the same time it announced it is launching a new retrocessional ILS fund platform, which will be ready to...
Jul 16 2019 // Markel Corp. appears on the way to settling with two former employees who sued over unpaid bonuses after they were dismissed for allegedly having a personal relationship that Markel said violated company policy.The company...
Jul 12 2019 // Markel Corporation has added a standalone employment practices liability policy customized for professional employer organizations (PEOs) to its management liability suite of products.The new policy is a modular product...
May 14 2019 // Markel International, the specialist insurer and subsidiary of Markel Corp., has appointed Nick Lazarus as managing director, North American property reinsurance based in London.Leading the existing and established London...
May 2 2019 // Elon Musk’s Tesla plans to launch its own insurance product for Tesla drivers, which will be fronted by Markel Corp.’s subsidiary, State National. Markel’s Co-Chief Executive Officer Richard R. Whitt...
Apr 15 2019 // Markel Corp. said that an internal review conducted by outside counsel found “no evidence that personnel of its CATCo unit acted in bad faith in exercising business judgment in the setting of reserves and making...
Feb 22 2019 // Two fired executives of Markel’s Bermuda reinsurance operations are suing Markel claiming the company created a false narrative alleging they violated corporate policy by having a personal relationship in order to...
Jan 22 2019 // Markel Corp. has reported that Anthony Belisle, Markel CATCo chief executive officer, and Alissa Fredricks, Markel CATCo chief executive officer for Bermuda, are no longer with the company following the disclosure of a...
Jan 17 2019 // Markel Corp. is facing is class action shareholder lawsuit over reserve statements by its investment management unit that are being investigated by U.S. and Bermuda authoritiesNew York law firm Bragar Eagel & Squire...
Dec 14 2018 // AXIS Insurance announced the hiring of Andrew Maher as senior cyber underwriter. Maher joins AXIS from Markel in London, where he spent two years as a senior cyber underwriter. He began his career at Beazley, where he held...