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Markel appoints Stacey Hinton as Senior Underwriter, Head of Jewellers Block, Specie

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Markel, part of Markel Group Inc. (NYSE:MKL), has appointed Stacey Hinton as Senior Underwriter, Head of Jewellers Block, Specie, effective immediately. Based in London, Hinton will report to Rob Ashby, Head of Specie at Markel. Her responsibilities include:

1. Driving profitable growth of Markel's international Jewellers Block portfolio
2. Developing and maintaining broker and client relationships
3. Implementing Jewellers Block underwriting strategy
4. Improving underwriting processes

Hinton brings nearly 20 years of industry experience, most recently as Head of Specie at Convex Insurance. Rob Ashby highlighted the importance of her appointment, noting the evolving risks in the jewellery trade, including increased theft due to economic challenges.

Markel, parte di Markel Group Inc. (NYSE:MKL), ha nominato Stacey Hinton come Senior Underwriter, Responsabile del Jewellers Block, Specie, con effetto immediato. Con sede a Londra, Hinton riporterà a Rob Ashby, Responsabile del Specie in Markel. Le sue responsabilità includono:

1. Guidare la crescita redditizia del portafoglio internazionale di Jewellers Block di Markel
2. Sviluppare e mantenere relazioni con broker e clienti
3. Implementare la strategia di underwriting del Jewellers Block
4. Migliorare i processi di underwriting

Hinton porta con sé quasi 20 anni di esperienza nel settore, più recentemente come Responsabile del Specie presso Convex Insurance. Rob Ashby ha sottolineato l'importanza della sua nomina, evidenziando i rischi in evoluzione nel commercio dei gioielli, inclusi i furti in aumento dovuti a sfide economiche.

Markel, parte de Markel Group Inc. (NYSE:MKL), ha nombrado a Stacey Hinton como Suscriptora Senior, Jefa de Jewellers Block, Especie, con efecto inmediato. Con sede en Londres, Hinton reportará a Rob Ashby, Jefe de Especie en Markel. Sus responsabilidades incluyen:

1. Impulsar el crecimiento rentable del portafolio internacional de Jewellers Block de Markel
2. Desarrollar y mantener relaciones con brokers y clientes
3. Implementar la estrategia de suscripción de Jewellers Block
4. Mejorar los procesos de suscripción

Hinton aporta casi 20 años de experiencia en la industria, siendo su último puesto como Jefa de Especie en Convex Insurance. Rob Ashby destacó la importancia de su nombramiento, señalando los riesgos en evolución en el comercio de joyas, incluyendo el aumento de robos debido a los desafíos económicos.

Markel은 Markel Group Inc. (NYSE:MKL)의 일부로 Stacey Hinton을 선임 언더라이더, 보석 블록 및 종물의 수장으로 임명했습니다, 즉시 발효됩니다. 런던에 본사를 두고 있는 Hinton은 Markel의 종물 부서 책임자인 Rob Ashby에게 보고할 것입니다. 그녀의 책임에는 다음이 포함됩니다:

1. Markel의 국제 보석 블록 포트폴리오의 수익성 있는 성장 주도
2. 브로커 및 고객과의 관계 개발 및 유지
3. 보석 블록 언더라이팅 전략 구현
4. 언더라이팅 프로세스 개선

Hinton은 거의 20년의 산업 경험을 가지고 있으며, 최근에는 Convex Insurance의 종물 부서장을 역임했습니다. Rob Ashby는 그녀의 임명의 중요성을 강조하며 보석 거래의 진화하는 위험, 경제적 어려움으로 인한 도난 증가 등을 언급했습니다.

Markel, faisant partie de Markel Group Inc. (NYSE:MKL), a nommé Stacey Hinton au poste de Souscriptrice Senior, Responsable de Jewellers Block, Specie, avec effet immédiat. Basée à Londres, Hinton fera rapport à Rob Ashby, Responsable de Specie chez Markel. Ses responsabilités incluent :

1. Stimuler la croissance rentable du portefeuille international de Jewellers Block de Markel
2. Développer et entretenir les relations avec les courtiers et les clients
3. Mettre en œuvre la stratégie de souscription de Jewellers Block
4. Améliorer les processus de souscription

Hinton apporte près de 20 ans d'expérience dans l'industrie, ayant récemment occupé le poste de Responsable de Specie chez Convex Insurance. Rob Ashby a souligné l'importance de sa nomination, en notant les risques évolutifs dans le commerce des bijoux, y compris l'augmentation des vols en raison des défis économiques.

Markel, Teil der Markel Group Inc. (NYSE:MKL), hat Stacey Hinton zur Senior Underwriterin und Leiterin des Jewellers Block, Specie ernannt, mit sofortiger Wirkung. Hinton mit Sitz in London wird an Rob Ashby, den Leiter von Specie bei Markel, berichten. Ihre Aufgaben umfassen:

1. Förderung des profitablen Wachstums des internationalen Jewellers Block-Portfolios von Markel
2. Entwicklung und Pflege von Beziehungen zu Brokern und Kunden
3. Implementierung der Underwriting-Strategie für den Jewellers Block
4. Verbesserung der Underwriting-Prozesse

Hinton bringt nahezu 20 Jahre Branchenerfahrung mit, zuletzt als Leiterin des Specie bei Convex Insurance. Rob Ashby hob die Bedeutung ihrer Ernennung hervor und wies auf die sich entwickelnden Risiken im Schmuckhandel hin, einschließlich eines Anstiegs von Diebstählen aufgrund wirtschaftlicher Herausforderungen.

Positive
  • Appointment of experienced Senior Underwriter to lead Jewellers Block, Specie division
  • Potential for profitable growth in the international Jewellers Block portfolio
  • Addition of significant industry experience and network to strengthen Markel's market position
Negative
  • None.

LONDON, Oct. 10, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced the appointment of Stacey Hinton as Senior Underwriter, Head of Jewellers Block, Specie, with immediate effect.

In her new role, Hinton will be responsible for driving the profitable growth of Markel's international Jewellers Block portfolio and developing and maintaining relationships with brokers and clients. She will also work closely with the wider specie team, actuarial and other parts of the business to implement the Jewellers Block underwriting strategy and deliver continuous improvements to underwriting processes. Hinton will be based in London and report to Rob Ashby, Head of Specie at Markel.

Ashby commented: "Companies involved in the jewellery trade currently face a range of evolving risks, including increased theft and burglary owing to challenging economic conditions. More than ever, these challenges underscore the need for businesses to partner with insurers who understand their industry and their operations, which can also offer bespoke and dynamic coverage solutions." 

"I'm therefore delighted to welcome Stacey to the team at Markel. With close to 20 years' experience – the vast majority gained in specie underwriting roles – she adds a significant amount of experience to an already well-established team. I'm confident that her depth of knowledge and industry network will significantly add to the team's capabilities, enabling us to offer an even more superior service to clients and brokers and further strengthening our position as a leader in Jewellers Block insurance."

Hinton brings significant underwriting experience to the role, having spent more than 18 years in the insurance industry. She was most recently employed as Head of Specie at Convex Insurance, having been promoted to that role in March 2023. Prior to Convex, she worked as a specie underwriter at Fidelis Insurance. Hinton worked at Starstone Insurance between October 2010 and August 2020, first as a specie underwriter and then as a senior specie underwriter. This followed several other underwriting-related roles at Arch Insurance, Ocaso Insurance and Tysers, where she began her career in 2006.

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 did Markel appoint as Senior Underwriter, Head of Jewellers Block, Specie?

Markel appointed Stacey Hinton as Senior Underwriter, Head of Jewellers Block, Specie, effective immediately.

What are Stacey Hinton's responsibilities in her new role at Markel (NYSE:MKL)?

Stacey Hinton will be responsible for driving profitable growth of Markel's international Jewellers Block portfolio, developing relationships with brokers and clients, implementing underwriting strategy, and improving underwriting processes.

How much experience does Stacey Hinton bring to her new role at Markel (NYSE:MKL)?

Stacey Hinton brings nearly 20 years of experience in the insurance industry, with the majority gained in specie underwriting roles.

What challenges in the jewellery trade did Markel (NYSE:MKL) highlight in relation to this appointment?

Markel highlighted evolving risks in the jewellery trade, including increased theft and burglary due to challenging economic conditions, emphasizing the need for specialized insurance solutions.

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