Markel International
Cannock making his mark at Markel
Less than 12 months after joining Markel from the Lloyd's market, Matthew Cannock was promoted to managing director, Asia.
Markel buys Abbey Protection for £116.5m
Specialist insurer Markel has acquired Abbey Protection for £116.5m; a price representing 9.3 times the insurer’s EBITDA.
Allied World snaps up Markel's aviation renewal rights
Allied World Europe has reached an agreed with Markel International to acquire the renewal rights to a book of aviation business written by Lloyd’s Syndicate 1400 and Markel Europe.
View from the top: Spanish brokers welcome ability to quote and deal online
The online revolution is reaching every part of the commercial world and, of course, it’s not just consumers who are attracted to the speed, ease and economics of transacting online.
Market Moves: Axa leads the way with a batch of new recruits as Hanks re-emerges at Liberty
Insurance industry recruitment picked up this week, with insurers and brokers alike busy hiring new staff. Axa was among the most prolific, while HCC, AIG, Bluefin and Keelan Westall were also active. The week also saw the return of former Allianz boss…
Market Moves: Insurers flood back into recruitment market with raft of key hires and promotions
Insurers swarmed the recruitment space this week, redressing a balance that has seen brokers dominating. The start of September saw a number of new recruits, with appointments rising in both the London and companies market. XL, Markel, First Title and…
Brit expands global distribution network with Bermuda office opening
Brit is targeting an expansion of its distribution network with the opening of a Bermuda office.
Brit hires ex-Markel SVP Bonanno to head up Bermuda office
Brit is targeting an expansion of its distribution network with the opening of an office in Bermuda.
Markel swoops for Marketform marine claims boss
Markel has bolstered its marine claims operation with the recruitment of Marketform’s head of marine claims.
Cable’s accountability plans increase D&O brokers risk management role
Brokers selling directors’ and officers’ policies could be called upon to ‘plug the gap’ between policyholder expectations and insurance cover following tough new government proposals aimed at increasing the responsibility of company executives.
Markel launches cyber risk offering
Markel International has launched a module for professional services firms in the UK which protects against cyber risk.
Markel appoints Matthew Cannock as MD in Singapore
Matthew Cannock has been appointed Markel International's managing director in Singapore.
Matthew Cannock named new Markel MD in Singapore
Markel International has appointed Matthew Cannock as managing director in Singapore.
PostCast - Issue 2 - 15/22 August
The team discuss the news, features and interviews from the 15/22 August edition of Post Magazine. Hosted by Post editor Stephanie Denton.
Interview: Markel's William Stovin: Culture club
Happy with the cultural fit following Markel’s $3.1bn acquisition of Alterra, president and chief operating officer William Stovin is looking to drive the newly merged firm forward.
Markel takes more space in Walkie Talkie after Alterra acquisition
Markel International has finalised terms to pre-let additional space in 20 Fenchurch Street or the 'Walkie Talkie' building after completing its acquisition of Alterra.
Markel liability boss defends scope of D&O cover amid calls for reform
Markel International’s head of management liability risks has stated that defence costs are covered “in almost all situations”, following calls by the Institute of Directors for liability insurance reform.
Market Moves: High-profile moves come to the fore at Bluefin and Covéa, while Markel hires two
Another hectic week saw the usual suspects come to the fore with high-profile moves at Bluefin seeing the broker’s CEO stepping up to the role of executive chairman, while at Covéa a new SME leader will be reunited with a former Brit colleague who joined…
Markel recruits Aspen adjuster for senior claims role
Specialist insurer Markel has swooped for a former Aspen and QBE adjuster to bolster its claims team.
Markel hands Richardson European retail claims role
Markel International has promoted Mike Richardson to the role of European retail claims manager.
Markel's UK retail head to lead European retail claims
Markel International has promoted Mike Richardson to the position of European retail claims manager.
Markel eyes trade credit opportunities in Asia
William Stovin, president of Markel International, has commented that his company sees significant opportunities to grow its trade credit book from Mumbai to Singapore.
Market Moves: Insurers and brokers fill key roles
Many vacancies were filled within the industry’s recruitment sector this week, with a trio of insurers snapping up personnel for key roles. In the world of broking, firms took time out from networking at the Biba conference to hit the recruitment trail,…
Top 5 European stories
The top five stories from www.insuranceinsight.com over the past seven days.