Markel International, London, November 5, 2018 --- Markel International, the specialist insurer has created two new standalone divisions for marine and energy and appointed Chris Fenn and Julian Samuel as managing directors of the businesses. The appointments will be effective from January 1, 2019.
The move reflects the impressive growth of the marine and energy division, under Paul Jenks’ leadership, to become the single largest unit within Markel, with GWP of around $400m.
As executive director, marine and energy, Paul will continue to play a critical role in the development of both businesses.
Markel’s London wholesale businesses will now be formed of three divisions, marine, energy and specialist and financial lines, the latter led by James Hastings.
William Stovin, president, said: ”As we plan for the long term success of our international, London based businesses, the new structure will give Chris and Julian and their teams the responsibilities for continuing the profitable development of their businesses.“
For more information:
Michael Henman, Director of Communications + 44 (0)20 7953 6000
Susy Chandler, Acting Wholesale Marketing Manager + 44 (0)20 7953 6000
About Markel International:
Markel International 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 International Insurance Company Limited, Markel Insurance SE., Markel Resseguradora do Brasil S.A. and Markel Seguradora do Brasil S.A. 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
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