Markel Expands Financial Institutions Team
Markel International, London, December 1, 2014 --- Markel International, the specialist insurer, has made two appointments in its professional and financial risks division. Martin McCarron has been appointed head of financial institutions and Nick Rugg joins as financial institutions team underwriter. They will join on December 3.
Martin joins Markel from Catlin where he has worked since 2009 as class underwriter in its financial risk division, underwriting a book covering banker’s blanket bond, commercial crime, professional indemnity, directors’ and officers’ liability and plastic card insurance. Prior to this he spent more than 12 years at Lockton Companies International where he was a divisional director in the professional and financial risks team.
Nick has over eight years’ insurance experience most recently, for the last five years, as financial institutions and directors’ and officers’ underwriter.
Commenting on the appointments, James Hastings, managing director of the professional and financial risks division, said: “Financial institutions is an important class for us and the new team, led by Martin and supported by Nick, will position us strongly in the market. They are experienced, well-connected and we look forward to them playing an important part in the further development of our professional and financial risks team.”
For more information:
Markel International 020 7953 6000
Michael Henman, Director of Communications
About Markel International:
Markel International Limited is a subsidiary of Markel Corporation, a US-based holding company trading on the New York Stock Exchange (MKL). Markel International writes insurance and reinsurance business through eight 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, tax and human resources consultancy services. For more information please visit us at www.markelinternational.com