People Moves: Markel Strengthens London Marine & Energy Liability Team

Markel Insurance announced two key appointments within its marine & energy liability underwriting team in London, appointing Josephine Stroud as head of energy liability and Jenny McFarlane as senior underwriter – marine & energy liability.

Both appointments follow the establishment of Markel’s new marine transportation business within its London Market operations, which brings together hull & hull war, MECO, marine & energy liabilities (M&E), and transport & logistics.

As head of energy liability, Stroud will be responsible for underwriting multi-line, cross-class facilities, working alongside Rhys O’Neill, head of marine liability. She’ll oversee risk assessments and help develop risk mitigation strategies.

Stroud has more than 18 years of experience in liability broking and underwriting, having worked at Willis Towers Watson and, most recently, AXA XL. At AXA XL, she was responsible for underwriting, risk assessment and pricing for clients operating across the oil and gas sector and the energy transition.

McFarlane will support the strategic development and continued evolution of the M&E product offering. She will help develop new wordings, drive broker engagement and identify growth opportunities.

McFarlane joins from Tokio Marine HCC International, bringing more than eight years’ experience in M&E liability.

Stroud and McFarlane will report into the M&E liability team, part of the marine transportation business, led by Grant Smith.

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