Markel Corporation

AM Best Briefing to Highlight Evolving Trends in Casualty (Re)Insurance Market

Retrieved on: 
Friday, March 22, 2024
Insurance, Professional Services, Risk, ALL, Markel Corporation, News, AM Best

AM Best will host a briefing reviewing recent developments in casualty insurance and reinsurance lines of business on March 28, 2024, at 10:00 EDT.

Key Points: 
  • AM Best will host a briefing reviewing recent developments in casualty insurance and reinsurance lines of business on March 28, 2024, at 10:00 EDT.
  • The panel for this event includes Amanda Lyons, executive managing director, Aon, Mia Finsness, global executive underwriting officer, Markel, and Sridhar Manyem, senior director, industry research and analytics, AM Best.
  • To register for the complimentary Best’s Briefing, “Casualty: How Insurers are Managing Social Inflation and Mass Tort Risk,” please go to http://www3.ambest.com/rd/rd.aspx?rd=Casualty .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Alan Kirshner, former Chairman and CEO of Markel Group, passes away

Retrieved on: 
Tuesday, March 19, 2024
Partnership, Kirshner, Humour, Life, Student, Spectrum, Future, Markel Corporation, MKL, Management

RICHMOND, Va., March 19, 2024 /PRNewswire/ -- Alan Kirshner, 88, former Chairman of the Board and Chief Executive Officer (CEO) of Markel Group Inc. (NYSE: MKL), passed away on March 17, 2024.

Key Points: 
  • RICHMOND, Va., March 19, 2024 /PRNewswire/ -- Alan Kirshner, 88, former Chairman of the Board and Chief Executive Officer (CEO) of Markel Group Inc. (NYSE: MKL), passed away on March 17, 2024.
  • He joined the Board of Directors in 1978 and became Chairman and CEO in 1986, the same year Markel became a public company.
  • Kirshner served as CEO through 2015, became Executive Chairman in 2016, and then became Chairman Emeritus in 2020.
  • Chairman of the Board Steve Markel added, "I worked side-by-side with Alan for nearly five decades.

Alan Kirshner, former Chairman and CEO of Markel Group, passes away

Retrieved on: 
Tuesday, March 19, 2024
Partnership, Kirshner, Humour, Life, Student, Spectrum, Future, Markel Corporation, MKL, Management

RICHMOND, Va., March 19, 2024 /PRNewswire/ -- Alan Kirshner, 88, former Chairman of the Board and Chief Executive Officer (CEO) of Markel Group Inc. (NYSE: MKL), passed away on March 17, 2024.

Key Points: 
  • RICHMOND, Va., March 19, 2024 /PRNewswire/ -- Alan Kirshner, 88, former Chairman of the Board and Chief Executive Officer (CEO) of Markel Group Inc. (NYSE: MKL), passed away on March 17, 2024.
  • He joined the Board of Directors in 1978 and became Chairman and CEO in 1986, the same year Markel became a public company.
  • Kirshner served as CEO through 2015, became Executive Chairman in 2016, and then became Chairman Emeritus in 2020.
  • Chairman of the Board Steve Markel added, "I worked side-by-side with Alan for nearly five decades.

Markel promotes David Roos to Senior Director, Property and Marine for Markel Specialty's Wholesale Southeast region

Retrieved on: 
Friday, March 15, 2024
Insurance, Region, Risk management, Markel Corporation, Growth, MKL, Property, Shipbuilding

RICHMOND, Va., March 15, 2024 /PRNewswire/ -- Markel, the insurance operations within the Markel Group Inc. (NYSE: MKL), announced today that David Roos has been named Senior Director, Property and Marine for Markel Specialty's Wholesale Southeast region.

Key Points: 
  • RICHMOND, Va., March 15, 2024 /PRNewswire/ -- Markel, the insurance operations within the Markel Group Inc. (NYSE: MKL), announced today that David Roos has been named Senior Director, Property and Marine for Markel Specialty's Wholesale Southeast region.
  • In his new role, Roos will lead Markel Specialty's Southeast Wholesale property and marine teams to continue to generate profitable growth by delivering risk management solutions and services to our trading partners in the Southeast region.
  • "At Markel, we pride ourselves on developing deep benches of underwriting talent like David," said Steve Girard, Regional President, Southeast region.
  • He's also held various positions within inland marine where he managed the Southeast region's inland and ocean marine team.

Markel promotes David Roos to Senior Director, Property and Marine for Markel Specialty's Wholesale Southeast region

Retrieved on: 
Friday, March 15, 2024
Insurance, Region, Risk management, Markel Corporation, Growth, MKL, Property, Shipbuilding

RICHMOND, Va. , March 15, 2024 /PRNewswire/ -- Markel, the insurance operations within the Markel Group Inc. (NYSE: MKL), announced today that David Roos has been named Senior Director, Property and Marine for Markel Specialty's Wholesale Southeast region.

Key Points: 
  • RICHMOND, Va. , March 15, 2024 /PRNewswire/ -- Markel, the insurance operations within the Markel Group Inc. (NYSE: MKL), announced today that David Roos has been named Senior Director, Property and Marine for Markel Specialty's Wholesale Southeast region.
  • In his new role, Roos will lead Markel Specialty's Southeast Wholesale property and marine teams to continue to generate profitable growth by delivering risk management solutions and services to our trading partners in the Southeast region.
  • "At Markel, we pride ourselves on developing deep benches of underwriting talent like David," said Steve Girard, Regional President, Southeast region.
  • He's also held various positions within inland marine where he managed the Southeast region's inland and ocean marine team.

Mike Heaton named Chief Operating Officer of Markel Group

Retrieved on: 
Monday, February 26, 2024
Markel Corporation, MKL, Love, Management

RICHMOND, Va., Feb. 26, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced that Mike Heaton will become Executive Vice President and Chief Operating Officer effective today.

Key Points: 
  • RICHMOND, Va., Feb. 26, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced that Mike Heaton will become Executive Vice President and Chief Operating Officer effective today.
  • Heaton has a substantial track record supporting the businesses in Markel Group.
  • From 2016 to 2022, Heaton served as President of Markel Ventures, and he was Chief Operating Officer of Markel Ventures before that.
  • As Executive Vice President and Chief Operating Officer, Heaton will oversee the day-to-day operations for Markel Group with an intentional focus on three core priorities: pursuing the best capital allocation opportunities, attracting and supporting top company leaders, and amplifying the cultural values in the Markel Style.

IICF Philanthropic Roundtable Gathers Insurance Leaders for Discussions on Charitable Giving, Impact of Global Initiatives

Retrieved on: 
Thursday, February 22, 2024
Fairfax Financial, Education, Burns & Wilcox, AIG, Exercise, Success, United South End Settlements, Round Table, Volunteering, Hub International, Organization, Human resources, Social impact, Corporation, Markel Corporation, Student, Feeding America, Pollinator Partnership, Forum, Biodiversity, Ernst & Young, USAA, Uncertainty, A Better Chance, Lloyd's of London, STEM, Biophysical environment, CRC, Learning, Organic, Sustainable Development Goals, Erg, United Nations, Intact, UN, Intact Financial, Insurance, Face, Hunger, AVP, Corporate social responsibility, Dare, United, Burns, EY, CNA, Celebration, CSR, Risk, Dress, ERG, Chubb, AXA, Liberty Mutual, Meal, Management

LOS ANGELES, Feb. 22, 2024 /PRNewswire-PRWeb/ -- The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, hosted the 2024 IICF Philanthropic Roundtable today, gathering leaders from twenty-five major insurance organizations for a series of presentations on charitable giving and volunteerism in the insurance industry and initiatives focused on philanthropy, inclusion and sustainability topics. During the 2024 Philanthropic Roundtable, IICF also released the 2023 IICF Philanthropic Showcase, an annual retrospective of global charitable contributions, volunteer projects and innovative leadership initiatives of IICF Key Partner Companies. Please view the 2023 IICF Philanthropic Showcase here.

Key Points: 
  • During the 2024 Philanthropic Roundtable, IICF also released the 2023 IICF Philanthropic Showcase , an annual retrospective of global charitable contributions, volunteer projects and innovative leadership initiatives of IICF Key Partner Companies.
  • Kaufman Group, CNA, Ernst & Young LLP (EY US), Intact Insurance Specialty Solutions, Marsh, Munich Re US P&C Companies and Verisk presented at this unique event for philanthropic knowledge sharing.
  • "Each year, IICF is proud to bring together this extraordinary group of insurance industry leaders for the IICF Philanthropic Roundtable, and even more so in 2024 as we celebrate IICF's 30th anniversary and the industry's legacy of giving," said Bill Ross, CEO of IICF.
  • IICF also made several announcements at this year's Roundtable on 2024 initiatives, including:
    IICF's 30th Anniversary Celebration: IICF is celebrating thirty years of impact and the insurance industry's legacy of giving by raising funds for children struggling with hunger.

Markel appoints Katie Costello to Head of Hull and War

Retrieved on: 
Thursday, February 8, 2024
Pedigree, Growth, War, Head, MKL, Longevity, Markel Corporation, Insurance

LONDON, Feb. 8, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL) has announced Katie Costello as Head of Hull and War in a move that will bolster the London underwriting leadership team, while positioning the Hull and War portfolio for further growth.

Key Points: 
  • LONDON, Feb. 8, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL) has announced Katie Costello as Head of Hull and War in a move that will bolster the London underwriting leadership team, while positioning the Hull and War portfolio for further growth.
  • As part of this strategic move, Paul Western has been promoted to Head of Hull Underwriting at Markel, where he will be responsible for driving hull strategy, as well as enhancing broker relationships and developing talent within the Hull and War underwriting team.
  • In her new post, Costello will continue building on Markel's long-term success and track record in the Hull and War market through best-in-class underwriting and a people-first approach.
  • McCarthy commented: "I am delighted to announce Katie as our new Head of Hull and War at Markel.

Markel awarded Gracechurch's 2024 Service Quality Marque for outstanding claims service

Retrieved on: 
Tuesday, February 6, 2024
Market, MKL, Markel Corporation, Communication, Professional, Insurance, SQM

LONDON, Feb. 6, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL) has been awarded the coveted London Market 2024 Claims Service Quality Marque (SQM) by Gracechurch Consulting.

Key Points: 
  • LONDON, Feb. 6, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL) has been awarded the coveted London Market 2024 Claims Service Quality Marque (SQM) by Gracechurch Consulting.
  • The SQM is awarded annually to insurer claims teams that have been given an outstanding service quality rating in Gracechurch Consulting's London Market Claims Service Monitor.
  • The survey measures more than 40 London Market insurers and is based on over 3,300 individual ratings provided by claims brokers.
  • Chris O'Shea, Managing Director of Claims at Markel International, added: "We are delighted to have received market recognition for outstanding claims service.

Markel strengthens Trade Credit team with Senior Underwriter and head of Business Development for Europe

Retrieved on: 
Thursday, January 18, 2024
MKL, Insurance, Business development, Risk, Atradius, Markel Corporation, Trade credit, Growth, Financial services

LONDON, Jan. 18, 2024 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), has appointed Sebastian Rice as a Senior Underwriter and head of Business Development for Europe – in a strategic move that will accelerate growth across Markel's trade credit portfolio, while strengthening the businesses' leadership position within the excess of loss (XoL) trade credit market.

Key Points: 
  • LONDON, Jan. 18, 2024 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), has appointed Sebastian Rice as a Senior Underwriter and head of Business Development for Europe – in a strategic move that will accelerate growth across Markel's trade credit portfolio, while strengthening the businesses' leadership position within the excess of loss (XoL) trade credit market.
  • Based at Markel's London office, Rice will lead the organisation's business development activities in Europe which includes serving key relationships with global clients, as well as identifying new territories to grow the trade credit portfolio of business.
  • Rice possesses over 20 years of experience in the trade credit industry, having spent the past decade at QBE Europe, where he was previously head of Commercial Underwriting.
  • In his new position, Rice will report to Phil Amlot, Senior Underwriter and head of Portfolio – Global – Trade Credit at Markel International.