Markel International, London, September 14, 2017 --- Jeremy Brazil, who has overseen Markel International’s underwriting for nearly ten years, as well as being responsible for its re-insurance buying strategy and who played a major role in the creation of Markel International following Markel’s acquisition of Terra Nova in 2000, is planning to stand down from his full time executive role at the end of this year.
Thereafter he will provide consultancy advice to the board and the senior management team.
Nick Line, chief actuary, will take on the responsibility for oversight of Markel International’s underwriting functions. Stuart Lee, currently head of reserving, becomes head of actuarial and, with Julien Masselot, head of capital, David Mowat, head of pricing and Andrew Green, head of catastrophe management, will form the new actuarial leadership team.
Both Nick and Stuart’s appointments are subject to regulatory approval.
William Stovin, president of Markel International, said: “Jeremy has contributed hugely to the success of Markel International since the acquisition of Terra Nova in 2000. He’s been a great colleague and we are all pleased that, as a consultant to the company, we will continue to be able to benefit from his experience and expertise. He goes with our thanks and best wishes. “
For more information:
Michael Henman, Director of Communications +44 (0)20 7953 6000
Josephine Dencker, PR & Marketing Executive + 44 (0)20 7953 6000
About Markel International:
Markel International Limited is a subsidiary of Markel Corporation, a US-based holding company trading on the New York Stock Exchange (NYSE: MKL). Markel International writes insurance and reinsurance business through six divisions and through offices across the UK, Europe, Canada, Latin America and Asia Pacific. Markel International’s insuring entities include Syndicate 3000, Markel Resseguradora do Brasil S.A. and Markel International Insurance Company Limited. Markel International also manages the business of Abbey Protection Group which provides legal and professional fees insurance cover as well as legal and tax consultancy services. For more information please visit us at www.markelinternational.com