STOCK TITAN

Markel strengthens its distribution team with digital & portfolio expertise

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Markel, the insurance operation within Markel Group, has appointed Chris Conyard as Digital & Portfolio Executive in its distribution strategies and business development team. Conyard will work closely with the underwriting and business development teams to support Markel's long-term sustainable growth and operational effectiveness. He will also play a role in leading and developing Markel's distribution strategy.
Positive
  • None.
Negative
  • None.

LONDON, Nov. 6, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), has appointed Chris Conyard as Digital & Portfolio Executive in its distribution strategies and business development (DS&BD) team.

In his new position, Conyard will work closely with the underwriting and business development teams to support Markel's long-term sustainable growth and operational effectiveness. He will also play an imperative role in helping to lead and develop Markel's distribution strategy.

With more than 20 years of experience in the global insurance industry, Conyard joins from American International Group (AIG), where he was responsible for distribution strategy and strategic broker relationships. Prior to this Conyard spent more than a decade with Chubb, holding various senior underwriting and distribution roles across its Accident & Health (A&H) operations.

Conyard will be based at Markel's London office and report to Dan Martin, Managing Director of DS&BD at Markel International.

Martin commented: "At Markel, distribution is at the forefront of our strategy, given the rapidly changing nature of risk, combined with the increased digitisation of the global insurance marketplace, and evolving buying habits of our customers. This role represents a step change in our approach. Chris's diverse experience, long-standing trading relationships and considered, collegiate approach make him ideally suited to this exciting new challenge."

Conyard added: "Markel's Wholesale DS&BD team has gone from strength-to-strength under Dan's leadership, and I am looking forward to working within this vibrant and growing team. Markel is well known as a leader in almost all of its specialty classes. It is crucial that we remain agile and adaptive to the risk needs of our clients, the territories in which we operate, and the methods of distribution that we use across a rapidly changing marketplace."

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/markel-strengthens-its-distribution-team-with-digital--portfolio-expertise-301974354.html

SOURCE Markel

FAQ

Who has Markel appointed as Digital & Portfolio Executive?

Markel has appointed Chris Conyard as Digital & Portfolio Executive.

What will Conyard's role be in Markel?

Conyard will work closely with the underwriting and business development teams to support Markel's long-term sustainable growth and operational effectiveness. He will also play a role in leading and developing Markel's distribution strategy.

Where will Conyard be based?

Conyard will be based at Markel's London office.

Who will Conyard report to?

Conyard will report to Dan Martin, Managing Director of DS&BD at Markel International.

What is the importance of distribution in Markel's strategy?

Distribution is at the forefront of Markel's strategy due to the rapidly changing nature of risk, increased digitisation of the global insurance marketplace, and evolving buying habits of customers.

Markel Group Inc.

NYSE:MKL

MKL Rankings

MKL Latest News

MKL Stock Data

22.07B
12.61M
1.99%
78.88%
1.11%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States of America
GLEN ALLEN