Virginia’s Markel Names 2 Executives in Product Line Leadership Group

September 27, 2012

Richmond, Va.-headquartered Markel Corporation announced two appointments within its product line leadership group.

Michael Vought, managing director of excess & umbrella within Markel’s product line leadership has been named managing director of brokerage casualty and excess & umbrella. He will continue to work from Markel’s office in Red Bank, N.J.

Vought joined Markel in 2006 as managing director for excess & umbrella. Prior to his time at Markel, Vought was president of excess & surplus lines at St. Paul Travelers, managing excess & umbrella and E&S casualty products. He began his insurance career with Liberty Mutual Insurance Company in Lynbrook, N.Y. He then moved on to Gulf Insurance and spent 12 years as senior vice president there before moving on to St. Paul Travelers.

Additionally, Markel hired Phil Freda as managing director of public entity. He will be part of Markel’s product line leadership group and be based out of Markel’s corporate headquarters in Glen Allen, Va.

Freda comes to Markel after 19 years with Selective Insurance Company of America where he held various management positions including selective risk manager, director of reinsurance, and vice president of alternative markets. Before joining Selective, Freda worked in underwriting and sales positions at American International Group, Coregis Managers Corp., and Bowers, Schumann & Welch.

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