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Markel appoints Jim Hinchley as Chief Retail Officer

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Markel, part of Markel Group Inc. (NYSE: MKL), has appointed Jim Hinchley as Chief Retail Officer for its Specialty division. In this role, Hinchley will lead Markel's retail strategy, focusing on profitable growth in existing business and exploring new growth areas within the retail channel.

Hinchley brings over 25 years of insurance industry experience, with expertise in underwriting, distribution, claims, and operations. His most recent position was President of Insurance at Fairmatic, where he led insurance functions for the commercial auto Insurtech MGA. He has also held leadership roles at Farmers and Liberty Mutual.

Reporting to Alex Martin, President of Markel Specialty, Hinchley will be based in Markel's Boston office. Martin expressed excitement about Hinchley joining Markel, citing his broad experience and deep expertise as assets in addressing the needs of customers and partners in the retail space.

Markel, parte di Markel Group Inc. (NYSE: MKL), ha nominato Jim Hinchley come Chief Retail Officer per la sua divisione Specialty. In questo ruolo, Hinchley guiderà la strategia retail di Markel, concentrandosi sulla crescita redditizia dell'attività esistente e esplorando nuove aree di crescita all'interno del canale retail.

Hinchley porta con sé oltre 25 anni di esperienza nel settore assicurativo, con competenze in sotto scrittura, distribuzione, gestione dei sinistri e operazioni. La sua posizione più recente è stata quella di Presidente dell'Assicurazione presso Fairmatic, dove ha guidato le funzioni assicurative per il MGA Insurtech nel settore auto commerciale. Ha anche ricoperto ruoli di leadership presso Farmers e Liberty Mutual.

Riportando a Alex Martin, Presidente di Markel Specialty, Hinchley avrà sede nell'ufficio di Markel a Boston. Martin ha espresso entusiasmo per l'ingresso di Hinchley in Markel, citando la sua vasta esperienza e le sue profonde competenze come valori aggiunti per rispondere alle esigenze dei clienti e dei partner nel settore retail.

Markel, parte de Markel Group Inc. (NYSE: MKL), ha nombrado a Jim Hinchley como Director de Retail para su división Specialty. En este rol, Hinchley liderará la estrategia de retail de Markel, enfocándose en el crecimiento rentable del negocio existente y explorando nuevas áreas de crecimiento dentro del canal minorista.

Hinchley aporta más de 25 años de experiencia en la industria de seguros, con experiencia en suscripción, distribución, reclamaciones y operaciones. Su puesto más reciente fue Presidente de Seguros en Fairmatic, donde dirigió las funciones de seguros para el MGA Insurtech de vehículos comerciales. También ha ocupado roles de liderazgo en Farmers y Liberty Mutual.

Reportando a Alex Martin, Presidente de Markel Specialty, Hinchley estará basado en la oficina de Markel en Boston. Martin expresó su entusiasmo por la incorporación de Hinchley a Markel, citando su amplia experiencia y profunda experticia como activos para abordar las necesidades de los clientes y socios en el espacio retail.

Markel은 Markel Group Inc. (NYSE: MKL)의 일원으로 Jim Hinchley를 Specialty 부문의 최고 소매 책임자로 임명했습니다. 이 역할에서 Hinchley는 Markel의 소매 전략을 주도하며, 기존 비즈니스의 수익성 있는 성장에 집중하고 소매 채널 내 새로운 성장 영역을 탐색할 것입니다.

Hinchley는 보험 산업에서 25년 이상의 경험을 보유하고 있으며, 인수, 유통, 청구 및 운영 분야에서 전문성을 갖추고 있습니다. 그의 최근 직위는 Fairmatic의 보험 대통령으로, 상업용 차량 Insurtech MGA의 보험 기능을 이끌었습니다. 그는 또한 Farmers 및 Liberty Mutual에서 리더십 역할을 수행했습니다.

Alex Martin Markel Specialty 사장에게 보고하는 Hinchley는 Markel의 보스턴 사무소에서 근무하게 됩니다. Martin은 Hinchley가 Markel에 합류하는 것에 대해 흥분을 표하며, 그의 폭넓은 경험과 깊은 전문성이 소매 분야에서 고객과 파트너의 요구를 해결하는 데 자산으로 작용한다고 언급했습니다.

Markel, une filiale de Markel Group Inc. (NYSE: MKL), a nommé Jim Hinchley au poste de Chief Retail Officer pour sa division Specialty. Dans ce rôle, Hinchley dirigera la stratégie de vente au détail de Markel, en se concentrant sur une croissance rentable des activités existantes et en explorant de nouveaux domaines de croissance au sein du canal de vente au détail.

Hinchley a plus de 25 ans d'expérience dans le secteur de l'assurance, avec une expertise en souscription, distribution, gestion des sinistres et opérations. Son poste le plus récent était celui de président des assurances chez Fairmatic, où il a dirigé les fonctions d'assurance pour le MGA Insurtech des véhicules commerciaux. Il a également occupé des rôles de direction chez Farmers et Liberty Mutual.

Relevant de Alex Martin, président de Markel Specialty, Hinchley sera basé dans le bureau de Markel à Boston. Martin a exprimé son enthousiasme quant à l'arrivée de Hinchley chez Markel, citant son expérience extensive et ses compétences approfondies comme des atouts pour répondre aux besoins des clients et des partenaires dans le domaine de la vente au détail.

Markel, Teil der Markel Group Inc. (NYSE: MKL), hat Jim Hinchley zum Chief Retail Officer für seine Specialty-Abteilung ernannt. In dieser Rolle wird Hinchley die Einzelhandelsstrategie von Markel leiten, mit einem Schwerpunkt auf rentablen Wachstum im bestehenden Geschäft und der Erschließung neuer Wachstumsbereiche innerhalb des Einzelhandelskanals.

Hinchley bringt über 25 Jahre Erfahrung in der Versicherungsbranche mit, wobei er Expertise in Underwriting, Vertrieb, Schadensverwaltung und Betrieb hat. Seine letzte Position war Präsident der Versicherungsabteilung bei Fairmatic, wo er die Versicherungsfunktionen für das kommerzielle Auto-Insurtech-MGA leitete. Er hat auch Führungspositionen bei Farmers und Liberty Mutual innegehabt.

Hinchley wird an Alex Martin, den Präsidenten von Markel Specialty, berichten und wird im Büro von Markel in Boston tätig sein. Martin drückte seine Freude über Hinchleys Eintritt bei Markel aus und bezeichnete dessen umfangreiche Erfahrung und tiefgreifende Expertise als wertvolle Ressourcen, um die Bedürfnisse der Kunden und Partner im Einzelhandel zu erfüllen.

Positive
  • Appointment of experienced industry veteran Jim Hinchley as Chief Retail Officer
  • Focus on driving profitable growth in existing business
  • Exploration of new growth areas within the retail channel
  • Strengthening of leadership team with over 25 years of industry experience
Negative
  • None.

RICHMOND, Va., Oct. 21, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jim Hinchley has been named Chief Retail Officer for Markel's Specialty division. In this role, he will be responsible for leading Markel's overall retail strategy, driving profitable growth in existing business, and addressing new areas for expanded growth within the retail channel.

"We are excited to welcome Jim to Markel to oversee the strategic direction of our retail business," said Alex Martin, President, Markel Specialty. "Jim's broad-ranging experience and deep expertise fully equip him to address the unique needs of our customers and partners within the retail space."

Jim has more than 25 years in the insurance industry, and he brings extensive leadership experience in underwriting, distribution, claims, and operations. Most recently, Jim served as President of Insurance at Fairmatic, where he led all insurance functions for the commercial auto Insurtech MGA. He has also held various leadership positions at Farmers and Liberty Mutual.

He will report to Alex Martin and will be based in Markel's Boston office.

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.

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SOURCE Markel

FAQ

Who is Jim Hinchley and what is his new role at Markel (NYSE: MKL)?

Jim Hinchley has been appointed as Chief Retail Officer for Markel's Specialty division. He will be responsible for leading Markel's overall retail strategy, driving profitable growth in existing business, and exploring new growth areas within the retail channel.

What is Jim Hinchley's professional background before joining Markel (NYSE: MKL)?

Jim Hinchley has over 25 years of experience in the insurance industry. He most recently served as President of Insurance at Fairmatic, and has held leadership positions at Farmers and Liberty Mutual. His expertise spans underwriting, distribution, claims, and operations.

Who will Jim Hinchley report to in his new role at Markel (NYSE: MKL)?

Jim Hinchley will report to Alex Martin, President of Markel Specialty. He will be based in Markel's Boston office.

What are the main responsibilities of Jim Hinchley as Chief Retail Officer at Markel (NYSE: MKL)?

As Chief Retail Officer, Jim Hinchley will be responsible for leading Markel's overall retail strategy, driving profitable growth in existing business, and addressing new areas for expanded growth within the retail channel.

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