Markel Specialty Insurance: Underwriting Culture and Philosophy
Former Executive Underwriter ar Markel
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Markel Specialty Insurance: Underwriting Culture and Philosophy(February 4, 2025)
Former Executive Underwriter ar Markel
Interview Transcript
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That's helpful.
Historically, Markel would dive into underserved markets, seeing opportunities where others didn't. However, this shifted to a strategy focused on working with major brokers like Marsh, Aon, and Willis, and targeting Fortune 500 and Fortune 1000 companies. They aimed for dual distribution, including retail brokers, thinking that partnering with the largest brokers would be beneficial.
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