Markel
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The carrier’s president Andrew McMellin is aiming to double London market share in the next five years.
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Nick Line has spent 28 years at Markel, where he has been CUO since 2018.
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The purchase aims to bolster Markel’s marine product line in the Asia-Pacific region and EU.
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Lee Mooney will replace Neil Galjaard, subject to regulatory approval.
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Markel is prominent in the growing smart-follow market.
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Markel International has also hired senior underwriter Keely Madden.
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The product protects insureds outside of warzones from conflict-related cyberattacks.
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In Partnership With MarkelAs AI and data analytics reshape the insurance industry, Brendan Hanley, managing director of binding P&C at Markel, explains how these tools can offer real efficiency gains.
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In Partnership With MarkelPrivate equity investors may not have the same timeline as the multi-year construction projects they’ve invested in, which could leave surety writers holding the keys if private equity walks away, said Mike Keimig, president and CEO of Markel Surety.
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The business will divide into US wholesale and specialty, and programmes and solutions.
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Meco's 2024 gross written premiums totaled $63mn.
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Current specie head Victoria Bell is leaving Argenta to join Axis.
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