RICHMOND, Va., Nov. 30, 2023
/PRNewswire/ -- Markel, the insurance operations within Markel
Group Inc. (NYSE: MKL), announced today that Bob Cox, President and Chief Operating Officer,
Global Insurance Operations, will be leaving his role December 31, after five years leading successful,
profitable growth strategies for the company's global insurance
operations.
"Bob joined us five years ago bringing his more than 35 years of
insurance leadership experience to lead efforts on accelerating our
strategies to deliver the best value and services for our customers
across the globe," said Jeremy
Noble, President. "He has built a strong foundation to
position us for long-term, profitable growth, including evolving
our products, broadening our distribution channels, and enhancing
our global operations. We are grateful for his leadership and
contributions to Markel."
Cox joined Markel in 2018 to oversee Markel's global insurance
operations—its Markel Specialty and Markel International divisions.
Prior to joining Markel, he held executive leadership insurance
positions, including extensive experience in all areas
of specialty and commercial property and casualty
insurance.
"I am incredibly proud to be part of the Markel team and the
collective progress we have made in offering our customers and
partners superior service and solutions," said Cox. "I have
tremendous admiration for the Markel team, and I know they will
continue to grow and innovate in the pursuit of long-term
success."
With Cox's departure, its Markel Specialty and International
insurance divisions will report directly to Noble. Simon Wilson, President Markel International, Alex Martin, President, Markel Specialty, and Bryan Sanders, Chairman, Markel Specialty, will report to Noble effective
December 31.
Noble commented, "The further alignment of our operations
positions us to increase our market presence, better leverage the
full platform of our services and offerings and strengthen our
focus on building the leading global specialty insurer."
About Markel
We are Markel, a leading global specialty
insurer with a truly people-first approach. As the insurance
operations within the Markel Group Inc. (NYSE: MKL), we operate the
Markel Specialty, Markel International, and Markel Global
Reinsurance divisions, as well as State National, our portfolio
protection and program services operations, and Nephila, our
insurance-linked securities operations. Our broad array of
capabilities and expertise allow us to create intelligent solutions
for the most complex risk management needs. However, it is our
people—and the deep, valued relationships they develop with
colleagues, brokers and clients—that differentiates us
worldwide.
About Markel Group
Markel Group Inc. (NYSE: MKL) is a
diverse family of companies that includes everything from insurance
to bakery equipment, building supplies, houseplants, and more. The
leadership teams of these businesses operate with a high degree of
independence, while at the same time living the values that we call
the Markel Style. Our specialty insurance business sits at the core
of our company. Through decades of sound underwriting, the
insurance team has provided the capital base from which we built a
system of businesses and investments that collectively increase
Markel Group's durability and adaptability. It's a system that
provides diverse income streams, access to a wide range of
investment opportunities, and the ability to make capital available
where needed with great efficiency. Most importantly though, this
system enables each of our businesses to advance our shared goal of
helping our customers, associates, and shareholders win over the
long term. Visit mklgroup.com to learn more.
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