Markel
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Rhoads joined Markel in 2013 as part of its acquisition of Alterra Capital Holdings Limited. -
It is understood Markel is the lead insurer and Aon’s Risk Solutions is the broker on the $200mn policy.
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Dan Martin takes on the role from Pat Murphy-O’Connor, who will transition to a consultancy position ahead of his retirement at the end of 2022.
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The underwriter originally joined Optio in 2020 as a senior underwriter.
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The appointment of Pushpa Sriwignarajah comes amid change within the Hiscox cyber team.
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Simon Philpin will be based at Markel’s London office and report to Carl Titterton, divisional managing director of trade credit, political risk and surety.
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The underwriter will service a full suite of liability products and assist with training junior underwriters.
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Bryan Dressler will be responsible for building out a team that will focus on SMEs domiciled in the UK and European Economic Area.
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Acrisure entered into a definitive agreement with Markel in March to acquire the MGA.
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Markel UK has appointed Mark Plews as director of underwriting, replacing Simon Fell, who is to retire but will remain a consultant to support the transition process.
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Courts in Bermuda and the US approved the move, which had earlier been subject to investor litigation.
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His departure follows the closure of retro platform Lodgepine and Markel’s cat exit.
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