Markel appoints Richie Henry to Chief Operating Officer, Claims

Rhea-AI Summary

Markel Corporation (NYSE: MKL) has appointed Richie Henry as the new Chief Operating Officer of Claims, effective immediately. With extensive experience in claims and technology, Henry will oversee North America Claims operations, including claims administration, data analytics, and vendor management. His previous roles at Markel include Senior Managing Director, Divisional CIO, and Managing Director for the Markel Specialty Division. Nick Conca, Chief Claims Officer, expressed confidence in Henry's ability to enhance the effectiveness of the claims organization and partnerships with key stakeholders. Henry joined Markel in 2013 and will be based in Glen Allen, reporting directly to Conca.

Positive

• Richie Henry's appointment brings valuable experience and expertise to the Claims organization.
• Henry's background in technology may drive improvements in claims operations and efficiency.
• Confidence expressed by leadership regarding enhanced effectiveness for customers.

Negative

• None.

RICHMOND, Va., April 5, 2023 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that Richie Henry has been appointed Chief Operating Officer, Claims. In his new role, Henry will oversee all the North America Claims operations including claims administration, data and analytics, claims vendor management, and transformation efforts as well as continue to build critical partnerships with key claims and underwriting business partners.

"Richie's extensive experience in both claims and technology will bring tremendous value to our Claims organization and our leadership team," said Nick Conca, Chief Claims Officer. "We look forward to having him work with key business partners to continually improve Markel's effectiveness for our customers."

Henry joined Markel in 2013 and most recently served as Senior Managing Director, Divisional CIO. He was also the Managing Director of the Markel Specialty Division, US and Bermuda Claims, and Global Reinsurance, leading all technology for the divisions. He has also held numerous positions managing the partnership between North America insurance and IT at Markel.

Henry will be based in Markel's Glen Allen office and will report to Conca.

About Markel
Markel Corporation is a diverse financial holding company serving a variety of niche markets. The company's principal business markets and underwrites specialty insurance products. In each of the Company's businesses, it seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the company are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value. Markel^® is a registered trademark of the Markel Corporation. Visit Markel on the web at markel.com.

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SOURCE Markel Corporation

FAQ

What is the significance of Richie Henry's appointment as COO of Claims at Markel (MKL)?

Richie Henry's appointment is significant as it brings extensive experience in claims and technology, which is expected to enhance the efficiency and effectiveness of Markel's claims operations.

When was Richie Henry appointed to the position of Chief Operating Officer, Claims at Markel?

Richie Henry was appointed as Chief Operating Officer, Claims on April 5, 2023.

What responsibilities will Richie Henry have in his new role at Markel?

Richie Henry will oversee all North America Claims operations, including claims administration, data and analytics, and vendor management.

Who does Richie Henry report to at Markel Corporation?

Richie Henry reports to Nick Conca, the Chief Claims Officer at Markel Corporation.