Markel Corporation News

Virginia’s Markel Corporation Appoints Chu as Chief Risk Officer

Markel Corporation has appointed Julia Chu as chief risk officer, effective immediately. In this new role, Chu will be responsible for Markel’s enterprise risk management, capital planning and ceded reinsurance placements. Each of these functions serve a critical role in …

Markel Specialty Taps Elzer to Lead Newly Launched Risk Solution Services

Markel Specialty has launched Risk Solution Services, its newly expanded loss control department, and has tapped Allison Elzer to lead the department along with her team. This department will support clients and production partners by offering risk management solutions and …

IICF Raises $1.14M at Annual Benefit Dinner Honoring Markel Corporation

The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, raised $1.14 million at its 13th Annual Northeast Benefit Dinner held December 11 at Cipriani in New York City. The event gathered more than …

Markel to Acquire Virginia’s VSC Fire & Security

Markel Corporation and VSC Fire & Security Inc. have entered into a definitive agreement for Markel to acquire VSC. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2019. Additional terms …

Markel Corporation Hires Lecci as Senior Director of Professional Liability in New York

Markel Corporation has named John Lecci as senior director of Professional Liability. He will be heading up the New York-based US Professional Errors & Omissions team. Lecci was most recently employed by Axis, where he was responsible for underwriting management …

Markel Launches Standalone EPLI Policy for PEOs

Markel Corporation has added a standalone employment practices liability policy customized for professional employer organizations (PEOs) to its management liability suite of products. The new policy is a modular product providing liability coverage for PEOs and their customers with separate …

Markel Corporation Names Kenny Managing Director in Virginia Headquarters

Markel Corporation has named Brian Kenny managing director of strategic customer growth. Kenny is based in Markel’s headquarters in Richmond, Va., and reports to Markel Assurance President Bryan Sanders. In his new role, Kenny will work across the Markel Assurance …

Michael Crowley to Receive City of Hope’s Spirit of Life® Award

Michael “Mike” Crowley to receive award at the National Insurance Industry Council’s Annual Gala; Crowley is retired vice chairman of Markel Corporation. Duarte, CA, April 11, 2018 — The National Insurance Industry Council has selected Michael “Mike” Crowley, vice chairman …

Markel Corporation Hires Hungate-Noland in Virginia

Markel Corporation has hired Beth Hungate-Noland as a managing director. In this role, Hungate-Noland will join the team at Markel that is responsible for oversight of the company’s Markel Ventures operations and will be based out of Markel Corporation’s headquarters …

Markel Enhances Professional Liability Coverage for Hard-to-Place Law Firms

Markel Corporation has enhanced its policy form and protections for hard-to-insure law firms which can no longer secure coverage in the admitted markets. This coverage is available on an excess and surplus (E&S) lines basis using a claims-made policy form. …