Markel International

What impact could Donald Trump’s tariffs have on the insurance market? Henry Gardener, Markel’s Director of Legal and Chief Risk Officer, shares his views in a City AM article published today.   In the face of increased costs and cash-flow pressures, Henry highlights the impact that the London market could have in helping businesses to “adapt by providing tailored risk management solutions that can support financial resilience in an uncertain economic environment”.   Read the full article to find out more: https://lnkd.in/eRZ6HhrF #Tariffs #Risk #BusinessContinuity #LondonMarket

In an exclusive interview with Intelligent Insurer, Edward Winter, Director of Terrorism – Markel, discusses how terrorism, civil unrest and global risks have impacted carriers and reinsurers since the devastating 9/11 terror attacks, and explains why organisations need to continue adapting their portfolios to serve this increasingly complex marketplace.   “The Madrid bombings, London 7/7, Mumbai attacks, Boston Marathon bombings – each of these events changed how we view risk,” Ed recalls. He adds: “With global elections, economic instability, and geopolitical shifts, the next four years could be even more volatile.”   Find out more in the full interview: https://lnkd.in/emV9wcdk   #terrorism #insurance #reinsurance #underwriting

We’re delighted to announce Erik J.’s promotion to Head of Technical Underwriting and Oversight for International.   In this newly created position, Erik will lead the International Technical Underwriting team and will be responsible for setting and maintaining high standards of technical underwriting. Based in London, Erik will report to Nick Line, Chief Underwriting Officer – Markel International.   On the appointment, Nick commented: “I’m thrilled to be working closely with Erik in his new position at Markel. Erik has already made a significant impact and contribution to Markel, having successfully implemented the underwriting onboarding and training programme while supporting the wider team since joining last year.    "Erik not only brings a wealth of knowledge and experience to this role, but also a passion for the industry and for developing new talent. In this newly created position, I’m confident Erik will ensure the highest standards of technical underwriting are maintained across the business for our brokers and insureds.”   Read the full announcement to find out more: https://lnkd.in/g6Kpq7xy

Inclusion is fundamental to all that we do, meaning Markel colleagues were particularly busy in March promoting gender equality and inclusivity across our industry. As this year's International Women’s Month comes to a close, take a look at some of the events, panels, socials and mentoring sessions they've taken part in throughout the past month!   🤝 Inclusion Network speed mentoring sessions and events – London, Leeds, India, Australia, Singapore, Canada and Dubai. 🎤 Priscila McCalley – Insurance Insider Progress panel: Pathways to Executive Leadership for Emerging Women Leaders. 📝 Joanna Browning – Driving Industry Progress with Insurance Business UK: https://lnkd.in/efX4euXE 🎤 Nick Line – Lloyd's Gender Inclusion Network ElevateHer event. 🎨 Cyber & Tech Underwriters and brokers – paint & network event. 🎤 Britt Harris ACII – iCAN panel: Women Leaders Accelerating Progress. 📝 Wanshi Lin – Supporting Women in Underwriting with InsuranceAsia News: https://lnkd.in/dGK6hPzH 🎤 Deepika Mathur – presentation to National Insurance Academy’s Programme for Women Managers. We’re committed to exploring these topics and this year’s theme, ‘Accelerate Action’, far beyond the month of March. Thank you to all the colleagues who contributed to a fantastic month and came together to share their insights, time and knowledge with one another. #AccelerateAction #InternationalWomensDay #IWD #WeAreMarkel

David Pressman, Senior Underwriter – Cargo at Markel, took part in the Cargo Insurance London conference panel session: ‘The Cost of the Red Sea Conflict’, where he discussed the history of the Houthis, the latest developments in recent weeks and how the London Cargo market has reacted to these events. He was joined by Alexander Smith, Underwriter Cargo, Ascot Group, and Ellis Morley, Associate Director Cargo and Commodities, Howden.   David also spoke about why it’s important for the London Market to carry on providing capacity to cargo clients within the Red Sea and how Markel will continue offering insurance solutions for insureds in this space. Reflecting on his experience, David said: “It was an exciting and thought-provoking experience taking part in the Red Sea panel discussion at this year’s Cargo Insurance London conference. With the ongoing conflict and growing geopolitical tensions, supply chain disruptions still remain for vessels transiting through the Red Sea.”   He expands: “At Markel, we’ve been a leader in this space for more than five years, providing Cargo War coverage to new and existing clients. As part of our long-term commitment, we’ll continue to constantly monitor the situation globally and look to provide solutions to help facilitate continued international trade." Thank you to Alex Kemp, who moderated the panel session, and to all those involved in organising the conference.   #RedSea #Cargoinsurance #Insurance

Sharing insights with Global Reinsurance, Robert Hannaford, Senior Underwriter, Life Science, and Olivia Hogan, Senior Underwriter, Environmental Liability at Markel, discuss the Latin American Casualty market and how the legislative landscape is spearheading the need for insurance cover across life science and environmental liability. “Latin America is increasingly becoming a hub for clinical trials, thanks to its diverse population and strides in healthcare investment and regulatory improvements,” says Rob. “We’re seeing local production expand, alongside advancements in medical technology that are helping broaden treatment options.” Building on Rob’s statement, Olivia adds: “Stricter environmental laws are having a direct financial impact on companies. These laws not only demand compliance but also encourage insurers to innovate in how they assess and underwrite environmental risk.” Read the full article to find out more 👉https://lnkd.in/eAPTXSYy #LifeScience #EnvironmentalLiability #Reinsurance

We’ve enhanced our Wholesale Claims team! 👏 Congratulations to Debbie Larkin, Natalie Myhill and Rachel Tighe, who have all received promotions, and welcome Daniel Thomas, who has joined us as Marine Technical Claims Lead.   Chris O'Shea, Managing Director - International Claims, comments: “Throughout their career journeys at Markel, Debbie, Rachel and Natalie have demonstrated exceptional leadership, stakeholder management and delivered a best-in-class service for broker partners particularly in light of the economic headwinds that the insurance market will continue to face into the future. With their deep sector knowledge and expertise, I’m looking forward to seeing them elevate Markel’s Wholesale Claims operation by leading their respective teams and continuing to deliver a nimble and value add service as we position ourselves for further profitable growth.    “We’re also very excited to enhance our expertise with the addition of Dan Thomas. With the increased pressures from social inflation, litigious plaintiff bars and more complex operating environments, Markel has recognised the need to continue to evolve its claims service to best support our clients. The new Technical claims lead role and Dan’s experience will be invaluable in ensuring we can assist clients when they need us the most.”    Read the full announcement to find out more 👉 https://lnkd.in/eDuFGiPh   #NewJoiner #Promotion #Claims

🎙️ Speaking on the Insurance Post podcast, Christopher Burgess, Director of Cyber, reflects on last year’s Crowdstrike outage, discusses the lessons learned, and unpicks Black Swan events to see how they’re continuing to impact cyber cover for insureds alongside guests Joe Tracey, CFC’s Cyber Development Leader, Ryan Dodd, Founder and CEO of Intangic and Will Gow LLM MA DipCILA, Head of Cyber and Technology risks for UK & Ireland at Crawford & Company.   💬 “The CrowdStrike outage really crystallised a lot of companies' minds and the financial impact it can have on them,” Burgess says. “With the insurance spend that’s going on with companies, I like to think this will only increase because it really proved the value of the insurance product with such events that we saw take place which are covered. We’ve seen increased regulations such as the Digital Operational Resilience Act just coming into force in January, so governments are taking it more seriously.”   Listen to the full podcast 👉 https://lnkd.in/e6S7_FjS 📸 photo credit: Insurance Post #BlackSwanEvents #Cyber #Underwriting #Crowdstrike

Introducing the Global Livestock (Re)Insurance Consortium at Lloyd's 9644 🐄   First formed in 2016 following feedback from our broking partners, who wanted a single point of contact for underwriting and claims, the consortium has built in size over time and offers protection against the largest, most complex livestock risks, specialising in poultry, pigs and cattle.   Alongside six respected consortium partners from across the London Market - Arch Insurance Group Inc., Beazley, Canopius Group, Faraday Underwriting Limited, Liberty Specialty Markets and Tokio Marine Kiln - our experienced, specialist team can provide solutions that no individual insurer could provide alone.   👉 Find out more at https://lnkd.in/emcMaQ9f Robert Wells - James Bellew - Lynette Brown ACII #Livestock #Risk

Priyanka Gautama ACII FIII, Chief Underwriting Officer of Markel in India, recently shared key insights into her professional journey with more than 50 professionals at the National Insurance Academy’s Programme for Women Managers.   This programme is designed to equip female executives in the insurance industry with insights into industry trends, skills and tools to help with professional development.   On her participation, Priyanka commented: “I’m delighted to have had this opportunity to discuss my career and professional journey. It was an enriching experience to connect with such talented professionals and exchange insights on overcoming obstacles and achieving success in our industry.”   Congratulations to the NIA for organising this insightful event!  #ProfessionalDevelopment #WomenInInsurance #IWD