Markel American Insurance Teams with Elton Porter Marine on Ultra High Performance Program

April 21, 2005

Markel American Insurance Company (rated “A (Excellent), XII” by A.M. Best) has teamed up with Elton Porter Marine Insurance Agency to offer a new Ultra High Performance Program. This program provides hull and liability coverage for ultra high performance boats with speeds ranging between 120mph and 150mph.

Markel American President and COO, Timberlee Tamraz Grove stated, “We recognized that the ultra high performance market lacked a quality insurance program. We’re pleased to provide the owners of ultra high performance boats the benefits of our experience and expertise gained through our longevity in insuring boats with speeds up to 120mph. We are committed to the marine insurance industry and enthusiastic about the opportunity to expand our marine product diversity.”

Elton Porter, celebrating 75 years in business, is based in Houston, Texas under the leadership of Ken Collier. He formed partnerships with Dave’s Custom Boats, Eliminator Boats, Nor-tech & Douglas Marine Corporation to provide insurance coverage for their customers.

Markel Corporation ( has marketed and underwritten specialty insurance products and programs to a variety of niche markets for 75 years.

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