Latest Markelcorp Headlines

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

‘Specialize and Diversify,’ Industry Veteran Markel Tells Super Regional Insurers

Jul 21 2017 // Insurance is a very simple business.“You take in some money, you spend some money and you lose some money, and God willing, you have some left at the end of the day,” according to Anthony (Tony) Markel, vice...

Markel Hires Ferguson to New York-Based U.S. Excess Casualty Team

Jul 21 2017 // Markel Global Insurance, a division of Markel Corporation, has hired John Ferguson as a director of its New York-based U.S. Excess Casualty team.In his new role, Ferguson serves as the retail construction practice lead and...

Markel UK Launches Media, Creative Industry Coverage

Jun 19 2017 // Markel UK has launched a package policy for media and creative industries that provides a wide range of covers to a broad selection of businesses, as well as access to a free debt recovery helpline, provided by solicitors...

Matthews Joins Markel International Trade Credit Team in Singapore

Jun 12 2017 // Markel International, a specialist insurer, has appointed Dillon Matthews as trade credit underwriter and senior risk analyst in Singapore, in a move to strengthen and broaden its Asia Pacific resources.Matthews will focus...

Markel Combines Wholesale & Global Divisions in Bid to Enhance Efficiency

Jun 8 2017 // Markel Corp., in a bid to boost innovation and competitiveness, combined its Wholesale and Global arms into one entity to be known as Markel Assurance.Wholesale consists of excess and surplus lines and Global Insurance...

Markel to Set Up Munich-Based Subsidiary in Preparation for Brexit

May 18 2017 // Markel Corp. announced it plans to apply for regulatory approval to establish an insurance company in Germany to ensure that whatever the outcome of the Brexit negotiations it will be able to meet the insurance needs of...

MGA Pen Underwriting & Markel Partner to Offer UK Equine Cover

Apr 27 2017 // Pen Underwriting has formed a new strategic partnership with specialist insurer Markel International to further consolidate Pen’s presence in the UK equestrian market and drive the company’s product innovation...

Markel Int’l Singapore Taps Munich Re’s Fordham as Marine Liability U/W

Apr 18 2017 // Markel International Singapore, the specialist insurer, has appointed Colin Fordham as a senior marine liability underwriter based in Singapore.Fordham joins from the Munich Re syndicate on the Lloyd’s Asia Platform,...

Markel Names Mozingo to Grow Global Business with U.S. Brokers

Apr 13 2017 // Markel Corporation reported thatGlenn Mozingohas been named managing director, Global Insurance Business Development, and corporate account executive. In this new role, Mozingo will serve as a key point of contact for...

Markel Canada Buys Remaining 50% Stake in Allsport

Apr 6 2017 // Markel Canada, the Toronto-based subsidiary of Markel International, has acquired the remaining 50 percent stake in Allsport Insurance Marketing Ltd.Allsport is an incorporated managing general agent (MGA) specializing in...

Markel International’s Trade Credit Team Opens for Business in Canada

Mar 29 2017 // Markel International, the specialist insurer and subsidiary of Markel Corp., is aiming to develop its trade credit and political risk business in Canada. Business will be underwritten by Markel Canada on Lloyd’s...

People – East

Mar 20 2017 // Eastern Insurance Group, a Natick, Mass.-headquartered subsidiary of Eastern Bank, has hired Mark J. Goyer as vice president and sales executive within Eastern Benefits Group, the insurance firm’s employee benefits...

Markel International Launches Surety Business; Team Leaders Appointed

Mar 9 2017 // Markel International, the London-based specialist insurer and Markel Corp. subsidiary, has launched a surety offering, following the appointment Damian Manning to head the new team and David Chandler as senior...

Markel Corporation Names Dillon Underwriting Assurance Director in Virginia

Feb 21 2017 // Markel Corporation, a financial holding company headquartered in Richmond, Va., has named Ashley Dillon underwriting assurance director on the product line leadership team.Dillon is located in Markel’s headquarters...

Business Moves

Feb 20 2017 // Markel Corp. has agreed to acquire surety firm SureTec for approximately $250 million, inclusive of a three-year earn out.SureTec is one of the largest privately owned surety companies in the U.S. SureTec’s largest...

Beazley Taps Markel’s Tewfik as Underwriter for UK Tech & Data Breach Team

Feb 17 2017 // Beazley, a specialist in cyber and data breach response insurance, has appointed Michael Tewfik as a technology, media and business services underwriter focused on addressing the data breach and cyber security risks of...

Markel International to Enter Surety Market in March 2017

Feb 16 2017 // Markel International, the London-based specialist insurer and subsidiary of Markel Corp., will enter the surety market in March this year, following the appointment of two senior underwriters with over 30 years’...

Markel Closed 2016 with Improved Investment Gains and Higher Cat Losses

Feb 10 2017 // Markel Corp. ended 2016 with a drop in net income and increase in the combined ratio, with Hurricane Matthew and the Canadian wildfires to blame for higher catastrophe losses. At the same time, the insurer experienced...

Markel Names Peterson to Product Line Leadership Team

Feb 3 2017 // Markel Corp., headquartered in Richmond, Va., has named Jane Peterson as executive underwriting officer on its Product Line Leadership team.In this role, Peterson is based in Markel’s Cranston, R.I., office and...

Markel to Acquire Surety Company SureTec for $250 Million

Feb 2 2017 // Markel Corp. has agreed to acquire surety firm SureTec for approximately $250 million, inclusive of a three-year earn out.SureTec is one of the largest privately owned surety companies in the U.S. SureTec’s largest...