Markel International News

Markel International Exits Personal Accident, Contingency Insurance on COVID-19 Impact

Markel International, the London-based specialist insurer and division of Markel Corp., has announced its wholesale business will now focus solely on the entertainment book of business within its personal accident, contingency and entertainment (PACE) portfolio. As a result, with immediate …

Lloyd’s Launches Cryptocurrency Wallet Insurance Policy

Lloyd’s has launched a insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks. The first of its kind liability policy, with flexible limits from as little as £1,000 (US$1,281), was created by Lloyd’s syndicate …

Markel International Sells Brazilian Insurance Business to Executive Team

Markel International, the London-based specialist insurer and subsidiary of Markel Corp., announced that it has sold its insurance operations in Brazil to its existing executive team. Markel Seguradora do Brasil, S.A. is authorized to operate in the direct insurance market …

Willis Towers Watson, Lockton, Markel International Appoint New Cyber Chiefs

Willis Towers Watson, Lockton and Markel International each have appointed new cyber chiefs. Willis Towers Watson has appointed Peter Foster as chairman of Global FINEX Cyber and Cyber Risk Solutions. Foster has been with WTW for more than 14 years …

Markel Int’l Taps Lazarus from Hiscox as Head of North American Property Reinsurance

Markel International, the specialist insurer and subsidiary of Markel Corp., has appointed Nick Lazarus as managing director, North American property reinsurance based in London. Leading the existing and established London team, Lazarus will work closely with Peta White and her …

Markel International to Partner with Yacht Insurer Pantaenius

Markel International, the specialist insurer, will partner with Pantaenius GmbH, the European yacht insurance provider, to strengthen and broaden the capabilities and services that together they provide their clients globally. Through offices across Europe, the U.S. and Australia, Pantaenius has …

Markel’s German Insurance Unit Gets Approval to Operate UK Branch

Markel Corp. announced that its German insurance company, Markel Insurance SE (MISE), has received regulatory approval to operate a branch office in the UK. MISE was established to meet the insurance needs of clients located or with risk exposures in …

Markel India Is Now Open for Business, Providing Specialist Facultative Reinsurance

Markel International, the London-based specialist insurer and reinsurer, announced that its Mumbai office is now open and actively writing business. Markel said it provides specialist facultative reinsurance to local Indian insurers, in a broad range of commercial classes including marine, …

Markel Appoints Beazley’s Lam as Professional & Financial Risks Underwriter

Markel International, the London-based specialist insurer, has appointed Gordon Lam as a senior professional and financial risks (PFR) underwriter. He will be based in Singapore initially and is expected to relocate to the Hong Kong office in due course. He …

Markel’s New German Insurer Rated ‘A’ by A.M. Best

Markel Corp. announced that its newly licensed German insurance company, Markel Insurance SE (MISE), has been given an “A” financial strength rating by A.M. Best. MISE has been established to meet the insurance needs of clients located or with risk …