Markel appoints team heads for marine and energy liability and transport and logistics
Markel International, London
Markel International has appointed Louise Foley as head of marine and energy liability, and Holley Higgins as head of transport and logistics, both reporting to Andrew Carter, head of liability at Markel International.
In a move that will support ongoing growth, Markel’s marine liability lines have been split into two teams under Carter.
Foley has been appointed as head of marine and energy liability, which will include all marine liability and energy liability writings, as well as protection and indemnity. Higgins has been appointed as head of transport and logistics, which will include ports and terminals, marine trades, UK marine, cargo liability, and professional indemnity.
Galleon, the specialist MGA purchased by Markel in 2016, will be formally rebranded as Markel and included within cargo liability and the marine professional indemnity sub-classes, as part of the restructure.
Following the recent restructure, Simon Engelen will continue in his role as portfolio manager of liability at Markel International.
The organisation’s liability team, led by Carter, has achieved significant growth in gross written premium (GWP) and expertise, as well as an increased leadership profile over the last five years, which has prompted the restructure. The appointments position the liability team for continued progress and allows for a deeper focus for investment to target growth products.
Commenting on the appointments, Carter said: “The devolved and specialist teams will be empowered to make decisions, which will enable Markel International to maintain the high level of service it’s known for, while we continue growing in this space in the future. I’m delighted to appoint Louise and Holley, who have both been instrumental in our success so far.”
Foley has over eight years of underwriting experience at Markel International and was previously senior underwriter for liability.
“I have been with Markel for nearly a decade,” said Foley. “During this time, I have seen our liability offering go from strength-to-strength. I am proud and delighted to head up Markel International’s new marine and energy liability team, as we continue to enhance our expertise, strengthen our leadership position, and deliver exceptional products and services.”
Higgins was a senior underwriter for ports and terminals, marine trades, and UK marine at Markel International, where she supported the marine liability team.
“The new structure marks a fundamental business change for us as a team, as we reflect on what we have achieved and plan for the future,” said Higgins. “I’m excited to take on this leadership role as we continue to grow and develop marine liability at Markel International.”
About Markel International:
Markel International is a division 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., and Markel Resseguradora do Brasil S.A.
Its UK national markets business also provides legal and professional fees insurance cover as well as legal and tax consultancy services.