Parker Named President of Markel Specialty, Succeeding Thompson

Matt Parker is succeeding Greg Thompson as president of Markel Specialty, Markel Corp. announced.

Parker, who most recently served as managing executive, Markel FirstComp, joined Markel in 2010 when Markel acquired FirstComp. Parker will continue to be based in Markel’s Cranston, Rhode Island, office and will report directly to F. Michael Crowley, president and co-chief operating officer of Markel Corp.

Thompson will assume a new role with Markel supporting the growth of the company’s program administrator business, working out of Markel’s Kennesaw, Georgia, office.

Parker joined FirstComp in 2006 after 15 years with Gillette and Procter & Gamble, where he served in numerous leadership capacities. Over his career, Parker has led regional and global business units out of Boston, London and Germany.Markel Specialty underwrites specialty insurance for a variety of niche markets, providing property and casualty, workers’ compensation, accident and health, personal lines, and admitted and non-admitted property/casualty coverages through its program administrator facility.