Markel appoints Grant Smith to lead its Transport and Logistics team in International Specialty
Markel (NYSE:MKL) has appointed Grant Smith to lead its Transport and Logistics team in International Specialty, effective immediately. Smith, who joined Markel in August 2024 as Director of Marine and Energy Liabilities, will maintain this role while taking on additional responsibilities. In his expanded position, he will focus on defining the underwriting strategy, driving sustainable growth, expanding market share, and establishing Markel as a market leader in transport and logistics.
Smith brings over 17 years of industry experience, having previously served as Portfolio Manager Specialty at QBE European Operations from 2014 to 2024. His appointment comes at a time when transport and logistics companies face increased risks due to global economic contraction, geopolitical tensions, and technological and regulatory challenges. He will continue to report to Tom Hillier, Managing Director, International Specialty.
Markel (NYSE:MKL) ha nominato Grant Smith per guidare il suo team di Trasporti e Logistica in International Specialty, con effetto immediato. Smith, che è entrato in Markel nell'agosto 2024 come Direttore delle Responsabilità Marittime ed Energetiche, manterrà questo ruolo assumendo ulteriori responsabilità. Nella sua posizione ampliata, si concentrerà sulla definizione della strategia di sottoscrizione, sulla promozione di una crescita sostenibile, sull'espansione della quota di mercato e sull'affermazione di Markel come leader di mercato nel settore dei trasporti e della logistica.
Smith porta con sé oltre 17 anni di esperienza nel settore, avendo precedentemente ricoperto il ruolo di Portfolio Manager Specialty presso QBE European Operations dal 2014 al 2024. La sua nomina arriva in un momento in cui le aziende di trasporti e logistica affrontano rischi crescenti a causa della contrazione economica globale, delle tensioni geopolitiche e delle sfide tecnologiche e normative. Continuerà a riferire a Tom Hillier, Direttore Generale, International Specialty.
Markel (NYSE:MKL) ha nombrado a Grant Smith para liderar su equipo de Transporte y Logística en International Specialty, con efecto inmediato. Smith, quien se unió a Markel en agosto de 2024 como Director de Responsabilidades Marítimas y Energéticas, mantendrá este rol mientras asume responsabilidades adicionales. En su nueva posición ampliada, se enfocará en definir la estrategia de suscripción, impulsar un crecimiento sostenible, expandir la cuota de mercado y establecer a Markel como líder del mercado en transporte y logística.
Smith aporta más de 17 años de experiencia en la industria, habiendo trabajado previamente como Gerente de Cartera Especializada en QBE European Operations desde 2014 hasta 2024. Su nombramiento llega en un momento en que las empresas de transporte y logística enfrentan riesgos crecientes debido a la contracción económica global, tensiones geopolíticas y desafíos tecnológicos y regulatorios. Continuará reportando a Tom Hillier, Director General de International Specialty.
Markel (NYSE:MKL)은 Grant Smith를 국제 전문 분야의 운송 및 물류 팀장으로 즉시 임명했습니다. Smith는 2024년 8월 Markel에 해양 및 에너지 책임 담당 이사로 합류했으며, 이 역할을 유지하면서 추가 책임을 맡게 됩니다. 그의 확대된 직무에서 그는 인수 전략을 정의하고, 지속 가능한 성장을 주도하며, 시장 점유율을 확장하고, Markel을 운송 및 물류 분야의 시장 리더로 자리매김하는 데 집중할 것입니다.
Smith는 2014년부터 2024년까지 QBE European Operations에서 전문 포트폴리오 관리자로 근무한 17년 이상의 산업 경험을 보유하고 있습니다. 그의 임명은 운송 및 물류 회사가 글로벌 경제 축소, 지정학적 긴장, 기술적 및 규제적 도전에 직면한 시기에 이루어집니다. 그는 International Specialty의 관리 이사인 Tom Hillier에게 계속 보고할 것입니다.
Markel (NYSE:MKL) a nommé Grant Smith pour diriger son équipe Transport et Logistique au sein de l'International Specialty, avec effet immédiat. Smith, qui a rejoint Markel en août 2024 en tant que Directeur des Responsabilités Maritimes et Énergétiques, conservera ce poste tout en assumant des responsabilités supplémentaires. Dans son rôle élargi, il se concentrera sur la définition de la stratégie de souscription, la promotion d'une croissance durable, l'expansion de la part de marché et l'établissement de Markel en tant que leader du marché dans le domaine des transports et de la logistique.
Smith apporte plus de 17 ans d'expérience dans l'industrie, ayant précédemment occupé le poste de Responsable de Portefeuille Spécialisé chez QBE European Operations de 2014 à 2024. Sa nomination intervient à un moment où les entreprises de transport et de logistique font face à des risques accrus en raison de la contraction économique mondiale, des tensions géopolitiques et des défis technologiques et réglementaires. Il continuera à rendre compte à Tom Hillier, Directeur Général de l'International Specialty.
Markel (NYSE:MKL) hat Grant Smith zum Leiter seines Transport- und Logistikteams in der International Specialty ernannt, ab sofort. Smith, der im August 2024 als Direktor für Marine- und Energiehaftungen zu Markel kam, wird diese Rolle beibehalten und zusätzliche Verantwortlichkeiten übernehmen. In seiner erweiterten Position wird er sich darauf konzentrieren, die Zeichnungsstrategie zu definieren, nachhaltiges Wachstum voranzutreiben, die Markanteile zu erweitern und Markel als Marktführer im Bereich Transport und Logistik zu etablieren.
Smith bringt über 17 Jahre Branchenerfahrung mit, nachdem er zuvor von 2014 bis 2024 als Portfolio-Manager für Spezialitäten bei QBE European Operations tätig war. Seine Ernennung erfolgt zu einem Zeitpunkt, an dem Transport- und Logistikunternehmen aufgrund der globalen wirtschaftlichen Kontraktion, geopolitischer Spannungen sowie technischer und regulatorischer Herausforderungen steigenden Risiken ausgesetzt sind. Er wird weiterhin an Tom Hillier, Geschäftsführer, International Specialty, berichten.
- Strategic expansion of leadership team with experienced industry professional
- Potential for market share growth in transport and logistics sector
- Enhanced focus on sustainable, profitable growth strategy
- None.
In his expanded role, Smith will be responsible for defining the underwriting strategy for the Transport and Logistics team, centered on driving sustainable, profitable growth. Smith will also be tasked with expanding market share, driving product development and further establishing Markel as a market leader in transport and logistics.
Smith takes on his new role in addition to his responsibilities as Director of Marine and Energy Liabilities – a role he was appointed to in August 2024. He will continue to report to Tom Hillier, Managing Director, International Specialty, at Markel.
Hillier commented: "Transport and logistics companies currently face a heightened risk environment, due to global economic contraction, heightened geopolitical tensions and increasing technological and regulatory risks. At times such as these, it's crucial that companies have the right insurance partner who can help ensure they have comprehensive insurance cover in place that meets their evolving needs.
"I'm therefore delighted that Grant will be leading our Transport and Logistics team. Grant has already made a significant impact and contribution to Markel since joining earlier this year. His leadership, knowledge and experience of underwriting these classes of business will be hugely important as we continue to partner with clients and brokers and help them to navigate this evolving risk landscape."
Smith has extensive knowledge of the insurance market, having spent more than 17 years of his career working in various underwriting and leadership positions across these classes of business. Prior to joining Markel in August 2024, he worked as Portfolio Manager Specialty at QBE European Operations – a role he held since 2014. Before joining QBE as a Marine and Energy Liability Underwriter in 2011, Smith had spent five years working in various underwriting roles across marine and aviation at Travelers.
About Markel
We are Markel, a leading global specialty insurer with a truly people-first approach. As the insurance operations within 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/markel-appoints-grant-smith-to-lead-its-transport-and-logistics-team-in-international-specialty-302344892.html
SOURCE Markel
FAQ
What is Grant Smith's new role at Markel (NYSE:MKL)?
What are the main challenges facing Markel's (MKL) transport and logistics sector in 2025?
What is Grant Smith's professional background before joining Markel (MKL)?
What are the key objectives for Markel's (MKL) Transport and Logistics team under Smith's leadership?
