Markel, the insurance coverage operation inside Markel Group Inc., has launched a Specialty observe inside its Worldwide Wholesale division, which will likely be spearheaded by Tom Hillier as divisional managing director.

The Specialty unit will likely be supported by the addition of a brand new worldwide casualty crew and the appointment of Graeme Ivory as director of Worldwide Casualty. Markel stated these developments sign the corporate’s continued development within the wholesale enterprise and dedication to specialty lessons, to greatest serve its key enterprise companions.

Specialty will likely be led by Hillier, and the division is now residence to Markel’s equine and livestock, marine and power legal responsibility, commerce credit score, political danger, and surety (TCPRS) underwriting groups, in addition to its new worldwide casualty line.

Hillier and Ivory will likely be primarily based at Markel’s London workplace and report back to Andrew McMellin, managing director of Wholesale at Markel Worldwide. Hillier brings a wealth of experience and deep data of the Lloyd’s and London specialty insurance coverage markets. As a extremely skilled casualty underwriter, Ivory will steward the event of the worldwide casualty portfolio.

The duo be a part of Markel from Brit Insurance coverage, the place Hillier was managing director of Specialty and Ivory was head of Legal responsibility. Hillier’s function spanned each property/casualty and through his time at Brit, he was notably centered on underwriting efficiency. Ivory joined Brit in 2014 and has additionally held underwriting roles at ACE Europe, Zurich International Vitality, and Catlin 2003 Syndicate.

“I’m delighted to unveil our new devoted Specialty division with Tom on the helm, to convey collectively components of longer tail traces, encourage teamwork, and improve best-in-class underwriting, in addition to present larger scale for our broking companions. I’m additionally thrilled to welcome Graeme to the crew as we arrange our Worldwide Casualty functionality,” commented McMellin.

“With the evolution of the underwriting panorama, their appreciable management expertise and observe document of delivering revolutionary options for purchasers will show invaluable to Markel. I look ahead to the insights they’ll convey as we drive ahead our bold international agenda throughout our key enterprise traces,” he continued.

The insurance coverage operations inside Markel Group are Markel Specialty, Markel Worldwide, and Markel International Reinsurance divisions, in addition to State Nationwide (its portfolio safety and program companies operations) and Nephila (its insurance-linked securities operations).

Supply: Markel

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