Markel, an insurance operation within Markel Group Inc., has introduced a Specialty practice within its International Wholesale division.
The team will be spearheaded by Tom Hillier who is set to assume the role of Divisional Managing Director for this pioneering initiative.
As the newly appointed Divisional Managing Director, Hillier will lead the Specialty division, leveraging his extensive expertise in Lloyd’s and London Specialty insurance markets.
In addition to this, he will be supported by Graeme Ivory appointed as Director of International Casualty, and will head up the newly-founded International Casualty team.
Joining as Director of International Casualty, Ivory brings his wealth of experience from Brit Insurance and previous underwriting roles at ACE Europe, Zurich Global Energy, and Catlin 2003 Syndicate to develop Markel’s International Casualty portfolio.
Hillier and Ivory will operate from Markel’s London office, directly reporting to Andrew McMellin, who serves as the Managing Director of Wholesale at Markel International.
Both are transitioning to Markel from Brit Insurance, with Hillier previously serving as Managing Director of Specialty, handling both Property and Casualty lines, focusing notably on underwriting performance. Ivory’s tenure at Brit began in 2014, and he also held a variety of roles at numerous esteemed underwriting firms, underscores his expertise in casualty underwriting.
Markel stands as a prominent global specialty insurer, operating various divisions, including Markel Specialty, Markel International, and Markel Global Reinsurance. Additionally, State National and Nephila complement its portfolio protection, program services, and insurance-linked securities operations.
Andrew McMellin, Managing Director of Wholesale at Markel International, expressed excitement about the move, stating, “I’m delighted to unveil our new dedicated Specialty division with Tom at the helm, to bring together elements of longer tail lines, encourage teamwork, and enhance best-in-class underwriting, as well as provide greater scale for our broking partners. I’m also thrilled to welcome Graeme to the team as we set up our International Casualty capability.
“With the evolution of the underwriting landscape, their considerable leadership experience and track record of delivering innovative solutions for clients will prove invaluable to Markel. I look forward to the insights they will bring as we drive forward our ambitious global agenda across our key business lines,” he added.
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