Markel
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The startup also offers up to $4mn of general liability cover online and sells business owner policy packages.
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Mia Finsness will assume new global responsibilities for the insurer’s casualty portfolio.
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The costliest event, Typhoon Hagibis, will generate a near-$60mn hit across two classes of shares.
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Steven Markel to step up to fill the role after Kirshner leaves the role he has held for more than three decades. -
Matthew Freeman, current president of the Markel unit, will take on the role of CEO effective 1 January.
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The executive was talking to analysts during a call to discuss Markel’s third-quarter 2019 results.
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This came as Markel said it would commit up to $100mn to new retro fund manager Lodgepine.
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The company released a shortened set of results due to technical difficulties with the SEC filing system.
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James Hastings, who was managing director of specialty and financial lines division, will oversee seven sub-segments.
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Henrik Bjørnstad will step into Simon Wilson’s existing shoes as managing director of the national markets division.
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The InsurTech, formerly named Verifly, sells short-term liability insurance for freelancers and small businesses.
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The Aquilo reinsurance strategy was part of Markel Catco's operations.
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