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Markel hires David Pressman as Senior Underwriter, Marine Cargo

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Markel (NYSE: MKL) has appointed David Pressman as Senior Underwriter – Marine Cargo, effective immediately. Pressman, with 11 years of industry experience, will focus on expanding Markel's Marine Cargo portfolio in London through new and renewal business management and broker relationship development. Previously at AEGIS London and MS Amlin, he brings significant marine cargo underwriting expertise. Based in London, Pressman will report to Brook Styles, Head of Marine Cargo. The appointment comes as the marine cargo market faces challenges from Red Sea geopolitical tensions and natural disasters affecting global supply chains.

Markel (NYSE: MKL) ha nominato David Pressman come Sottoscrittore Senior – Carico Marino, con effetto immediato. Pressman, con 11 anni di esperienza nel settore, si concentrerà sull'espansione del portafoglio di Carico Marino di Markel a Londra, gestendo nuove attività e rinnovamenti e sviluppando relazioni con i broker. In precedenza presso AEGIS Londra e MS Amlin, porta con sé una significativa esperienza nella sottoscrizione di carico marittimo. Con sede a Londra, Pressman farà riferimento a Brook Styles, Responsabile del Carico Marino. La nomina arriva mentre il mercato del carico marittimo affronta sfide a causa delle tensioni geopolitiche nel Mar Rosso e dei disastri naturali che colpiscono le catene di approvvigionamento globali.

Markel (NYSE: MKL) ha nombrado a David Pressman como Suscriptor Senior – Carga Marítima, con efecto inmediato. Pressman, con 11 años de experiencia en la industria, se centrará en expandir la cartera de Carga Marítima de Markel en Londres, a través de la gestión de nuevos negocios y renovaciones, así como en el desarrollo de relaciones con brókers. Anteriormente en AEGIS Londres y MS Amlin, aporta una significativa experiencia en suscripción de carga marítima. Con sede en Londres, Pressman reportará a Brook Styles, Jefe de Carga Marítima. El nombramiento se produce en un momento en que el mercado de la carga marítima enfrenta desafíos debido a las tensiones geopolíticas en el Mar Rojo y desastres naturales que afectan las cadenas de suministro globales.

Markel (NYSE: MKL)David Pressman을 고위 해상 화물 인수 심사관으로 즉시 임명했습니다. 해상 화물 업계에서 11년의 경력을 가진 Pressman은 새로운 비즈니스 관리 및 중개인 관계 개발을 통해 런던에서 Markel의 해상 화물 포트폴리오를 확장하는 데 집중할 것입니다. AEGIS 런던과 MS Amlin에서의 경력을 통해 상당한 해상 화물 인수 심사 전문성을 보유하고 있습니다. 런던에 본사를 두고 있는 Pressman은 해상 화물 책임자인 Brook Styles에게 보고할 것입니다. 이번 임명은 해상 화물 시장이 홍해 지리적 긴장과 세계 공급망에 영향을 미치는 자연 재해로 인한 도전에 직면한 상황에서 이루어집니다.

Markel (NYSE: MKL) a nommé David Pressman au poste de Souscripteur Senior – Fret Maritime, avec effet immédiat. Fort de 11 ans d'expérience dans le secteur, Pressman se concentrera sur l'expansion du portefeuille de Fret Maritime de Markel à Londres, à travers la gestion de nouvelles affaires et de renouvellements, ainsi que le développement des relations avec les courtiers. Auparavant chez AEGIS Londres et MS Amlin, il apporte une expertise significative en matière de souscription de fret maritime. Basé à Londres, Pressman rendra compte à Brook Styles, responsable du Fret Maritime. Cette nomination intervient alors que le marché du fret maritime est confronté à des défis en raison des tensions géopolitiques en mer Rouge et des catastrophes naturelles affectant les chaînes d'approvisionnement mondiales.

Markel (NYSE: MKL) hat David Pressman zum Senior Underwriter – See-Fracht ernannt, mit sofortiger Wirkung. Pressman, der über 11 Jahre Branchenerfahrung verfügt, wird sich darauf konzentrieren, Markels See-Fracht-Portfolio in London durch das Management neuer und erneuerter Geschäfte sowie die Entwicklung von Brokerbeziehungen zu erweitern. Zuvor war er bei AEGIS London und MS Amlin tätig und bringt umfassende Fachkenntnisse in der See-Fracht-Annahme mit. Mit Sitz in London wird Pressman an Brook Styles, den Leiter der See-Fracht, berichten. Die Ernennung erfolgt zu einem Zeitpunkt, an dem der See-Frachtmarkt mit Herausforderungen aufgrund der geopolitischen Spannungen im Roten Meer und Naturkatastrophen konfrontiert ist, die die globalen Lieferketten beeinträchtigen.

Positive
  • Strategic hire strengthens marine cargo underwriting expertise
  • Expansion of marine cargo portfolio in London market
  • Addition of experienced professional with 11 years in the industry
Negative
  • Ongoing challenges in marine cargo market due to geopolitical tensions
  • Supply chain disruptions affecting transportation security

LONDON, Nov. 21, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the appointment of David Pressman as Senior Underwriter – Marine Cargo, with immediate effect.

Pressman will support the profitable expansion of Markel's Marine Cargo portfolio in London, by servicing new and renewal business as well as fostering strong relationships with broker partners, ensuring high service levels are maintained. He will also be responsible for identifying new areas to scale further profitable growth and supporting members in the Marine Cargo underwriting team with their professional development.

Pressman is a seasoned underwriter possessing 11 years of experience within the insurance industry. Before joining Markel, he was employed at AEGIS London, where he served in a marine cargo underwriting capacity. Before this position, Pressman spent more than eight years at MS Amlin, starting out as a Binding Authority Technician before progressing to the role of Marine Cargo Underwriter. 

Based at Markel's London office, Pressman will report directly to Brook Styles, Head of Marine Cargo.

Styles commented: "The marine cargo market is continuing to navigate a plethora of challenges - from the ongoing geopolitical tensions in the Red Sea to the increase in natural disasters - which are causing supply chains disruptions and security concerns for the transportation of goods worldwide.

"I'm therefore delighted to welcome David to our Cargo team here in London. His strong track record, deep sector knowledge and 11 years of market experience in developing and managing cargo portfolios will add further bench strength to our well-established underwriting team. This appointment will further strengthen our leadership profile with our existing London market brokers and global partners while positioning us for long-term, profitable growth over the coming years."

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.

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SOURCE Markel

FAQ

Who did Markel (MKL) appoint as Senior Underwriter for Marine Cargo in 2024?

Markel appointed David Pressman as Senior Underwriter for Marine Cargo, effective November 21, 2024.

What is David Pressman's role at Markel (MKL)?

David Pressman will support the expansion of Markel's Marine Cargo portfolio in London, manage new and renewal business, and foster broker relationships while reporting to Brook Styles, Head of Marine Cargo.

What challenges is Markel (MKL) facing in the marine cargo market?

Markel is facing challenges from geopolitical tensions in the Red Sea and natural disasters, which are causing supply chain disruptions and security concerns for global goods transportation.

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