Date: 09/03/2017

Markel Starts to Write Surety Business

Markel International, London, March 9, 2017 --- Markel International, the specialist insurer, has launched a surety offering, following the appointment Damian Manning to head up the new team and David Chandler as senior underwriter.

The business will initially focus on opportunities in the UK, Ireland and Continental Europe with the intention to expand to other regions outside North America.

Damian has over 19 years of experience in the credit and surety business, having started his career as a broker at Aon Trade Credit and moving to Aon Surety and Guarantee in 2002. For the last six years he has worked as London markets surety manager for Aviva and immediately prior to that as surety manager for the UK and Ireland at Coface.

David joined the industry as claims handler with Euler Hermes in 2006, moving to Coface as credit risk underwriter in 2007. Here, he joined the surety operation in 2010 and most recently worked as risk director- bonding for Euler Hermes UK.

Ewa Rose, managing director of the trade credit, political risk and surety business, said: “Damian and David are well known and highly respected underwriters in the London surety market. We very much look forward to them becoming part of the broader team.

“The addition of surety is a natural extension to our offering and provides a full range of complementary products across our portfolio. The new launch is in response to high broker and client demand and we look forward to providing much needed capacity to the market. It also increases our ability to design new and exciting products by combining the skillsets and experience across our underwriting team.”

 

ENDS

For more information:

Michael Henman, Director of Communications + 44 (0)20 7953 6000
michael.henman@markelintl.com

Josephine Dencker, PR & Marketing Executive + 44 (0)20 7953 6000
josephine.dencker@markelintl.com

 

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