Markel Insurance announces new divisional structure and leadership appointments to drive simplification and growth

Markel Insurance announces new divisional structure and leadership appointments to drive simplification and growth

PR Newswire

RICHMOND, Va., April 22, 2025

RICHMOND, Va., April 22, 2025 /PRNewswire/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced a new divisional structure for its US and Bermuda operations and new leadership appointments. The changes, effective today, follow the appointment of Simon Wilson as Chief Executive Officer of Markel Insurance in March and are part of a long-term strategy to simplify and grow the business by giving local teams a greater degree of empowerment and accountability to serve the needs of their customers.

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"The best way to profitably grow a specialized and diversified business like ours is to equip and empower our local experts to serve the needs of the customers that they know best," said Simon Wilson. "These changes are an initial step to ensure that we have the divisional structure and leaders in place to do just that."

Markel's US and Bermuda operations split into two divisions.

Markel's US and Bermuda operations, previously known as Markel Specialty, will now be divided into two business divisions.

Markel announces additional leadership appointments.

In addition, the company announced the following leadership appointments:

About Markel Insurance
We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.

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