Markel

Markel is prominent in the growing smart-follow market.

Markel International has also hired senior underwriter Keely Madden.

The product protects insureds outside of warzones from conflict-related cyberattacks.

Private 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.

The business will divide into US wholesale and specialty, and programmes and solutions.

Meco's 2024 gross written premiums totaled $63mn.

Current specie head Victoria Bell is leaving Argenta to join Axis.

The product supports investors of early-stage carbon removal projects.

Markel also announced the appointment of Jon Michael to its board.

Markel Insurance is made up of the firm’s three primary underwriting businesses.

Markel’s move follows recent market entrances by CinFin, Argenta and Fidelis.

Jana holds around 109,000 shares and 69,000 call options, at a $307mn total value.