John Latham is stepping down as president of Markel Wholesale effective Dec. 31, 2013 and will be succeeded by Bryan Sanders, who currently serves as executive vice president of Markel’s Wholesale division.
Sanders joined Markel with the acquisition of Alterra Capital Holdings Limited in the spring.
The company said Latham will transition to a consultative role, active with Markel, working out of Markel’s Plano, Texas, regional office.
Bryan Sanders has 32 years of insurance industry experience with Alterra Specialty, Max Specialty, Hilb Rogal and Hobbs (HRH) Co., and MacDuff Underwriters Inc. He began his career with Aetna Casualty and Surety Co. as an underwriter in 1981.
Sanders will remain based in Markel’s home office in Richmond, Virginia, and report to F. Michael Crowley, president and co-chief operating officer of Markel Corp.
Latham has had two tours with Markel, from 1989 until 1991 and from 2002 until the present. Latham is well known in the excess and surplus lines community, having held executive posts at Gen Re and Colony Insurance Group and having served as past president of NAPSLO (National Association of Professional Surplus Lines Offices).
The company said Latham has been instrumental in the reorganization and expansion of Markel’s excess and surplus lines business.