Houston-based Markel Global Marine & Energy Inc. (MGME) has launched a new division, Onshore Energy Property, the company announced.
Established Nov. 1, 2006, this new division will handle onshore property, builder’s risk and time element coverage on petroleum, gas, petrochemical, high hazard chemical and power generation.
Ed Duffy, vice president, will head the new division.
Markel Global Marine & Energy, based in Houston, is itself one of the newest members of the Markel Corporation group of companies. Launched in August, 2006, it was established to add an additional U.S. marine and energy presence to Markel’s existing marine and energy operations in London and Richmond, Va.
Markel Corporation markets and underwrites specialty insurance products and programs to a variety of niche markets.
Source: Markel Global Marine & Energy