Latest Markelcorp Headlines
All the headlines from our Markelcorp Topic Page, ordered by recency.
Markel Launches EPL Hotline, Online Loss Control Resources
Jul 13 2012 // Markel has launched a loss control program to connect employment practices liability (EPL) policyholders with information for managing risks. Through partnerships with Jackson Lewis, LLP and HR Care, Markel’s loss...
Markel Names New Executives for Marketing, Business Development
Jun 29 2012 // Richmond, Va.-headquartered Markel Corporation announced two executive promotions for its specialty division. Markel announced promotions for Chris Reichert and Denise Perlman. The company said Chris Reichert has been...
Markel Expands Motorcycle Coverage to New Jersey
Jun 8 2012 // Markel American Insurance Co. has expanded its recreational vehicle coverage into New Jersey. For over 35 years, Markel American Insurance Co. has insured factory-made and custom-built motorcycles and trikes. New Jersey...
Markel Joins Cargo Theft and Recovery Service
Jun 6 2012 // Markel is now a member of CargoNet in an effort to assist policyholders in cargo theft prevention, response, and recovery. CargoNet, which provides information about supply chain risk, is a division of the Verisk Crime...
Markel International Acquires UK Managing Agent Quay Underwriting
Mar 6 2012 // Markel International announced from its London headquarters that it has acquired the portfolio of business of Quay Underwriting (QU), a managing agent based in Dorset. Markel said QU “provides a wide range of...
Markel Reports $52.3M Q4 Income, Down 63% From One Year Ago
Feb 2 2012 // Markel Corporation reported $52.3 million for its 2011 fourth-quarter net income, down 62.8 percent from one year ago when the specialty insurer posted $140.4 million. For the 2011 full-year, Markel posted net income of...
Markel Enters Germany Through Joint Venture with Anglo Underwriting
Jan 23 2012 // Markel International has made a move to start writing business in Germany through a joint venture with Anglo Underwriting. With Markel’s support, Anglo’s primary focus will be to increase opportunities in...
Markel to Acquire Program Administrator Thomco
Dec 7 2011 // Richmond, Virginia-based specialty insurer Markel Corp. is acquiring Thompson Insurance Enterprises, a national program administrator that does business as Thomco. Headquartered in Kennesaw, Georgia, Thomco manages 20...
Markel Launches Data Breach Endorsement for Healthcare Risks
Nov 29 2011 // Healthcare providers insured by Markel now have access to a free DataBreach endorsement. The new endorsement covers liability resulting from a compromise of confidential patient information and the associated costs. These...
Business Moves
Nov 21 2011 // The Doctors Co., FPIC Medical liability insurer The Doctors Co. has completed its previously-announced acquisition of FPIC Insurance Group Inc., a major provider of health care liability insurance in Florida, Texas,...
Markel Posts $54.7M Q3 Income, Sees Firming in Workers’ Comp Market
Nov 8 2011 // Markel Corporation reported $54.7 million for its third-quarter net income, down 13.4 percent from one year ago when the specialty insurer posted $63.2 million. The insurer’s result was hurt by increased catastrophe...
Business Moves
Nov 7 2011 // The Doctors Co., FPIC Medical liability insurer The Doctors Co. completed its previously-announced acquisition of FPIC Insurance Group Inc., a major provider of health care liability insurance in Florida, Texas, Georgia...
Markel’s Investment Unit Buys Manufacturing Firm
Oct 24 2011 // Markel Corp.’s subsidiary Markel Ventures purchased a majority interest in WI Holdings, a Pennsylvania-based manufacturing firm. The companies made the announcement last week. WI Holdings is a privately held company...
People
Sep 19 2011 // Brady R. Kelley has been named the executive director of the National Association of Professional Surplus Lines Offices (NAPSLO). Kelley replaces Richard M. Bouhan who will be retiring from the organization after 30 years...
American Marine, Markel Launch Deductible Reimbursement to Car, Home, Boat Owners
Sep 15 2011 // American Marine Insurance and Markel American Insurance Co. are now offering owners of cars, homes and boats the ability to eliminate their deductible risk. With Zero Deductible, if an accident occurs and the...
Best Affirms Markel International’s Ratings; Syndicate 3000; Outlook Stable
Sep 8 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of ‘a+’ of UK-based Markel International Insurance Company...
Business Moves
Sep 5 2011 // Vertafore, Kaplan Compliance Insurance agency technology vendor Vertafore said that its subsidiary Sircon will acquire Indianapolis, Indiana-based Kaplan Compliance Solutions (KCS), which sells insurance and securities...
Markel to Launch Dutch Operation
Jul 28 2011 // Specialty insurer Markel International is preparing to open a branch office in Rotterdam this September. It will be Markel’s first Dutch office. The new business will be called Markel International Netherlands, which...
Markel Updates DataBreach Policy
Jun 20 2011 // Markel has updated its DataBreach cyber liability policy amidst recent reports of increased hacking activity. The new form will offer broader coverage and higher limits while maintaining the current structure, which is...
Markel Introduces Medical Umbrella Product
Jun 14 2011 // Markel Corp. has launched a new umbrella product for Allied Healthcare accounts. This product will serve as a lead umbrella policy over eligible Allied Healthcare lines such as hospitals, medical labs, pharmacies, surgery...
