Markel Corporation was named to the 2015 Ward's 50 property-casualty top performers, again. Selected from over 3,000 property-casualty insurance companies domiciled in the US, 50 companies were honored with this award based on the following performance criteria:
Five-year average return on average equity
Five-year average return on average assets
Five-year average return on total revenue
Five-year growth in revenue
Five-year improvement in surplus to written premium
Five-year average combined ratio
Together, the group produced a 10.9% statutory return on average equity from 2010 to 2014, compared to 7.8% for the property-casualty industry overall.
See more about the Ward's 50.
Horse and farm claims2
At Markel, we encourage you to take charge of your career. We will be there to help you with the resources and guidance you need. Your success is our success.
Interested in joining a Fortune 500 company with a reputation for excellence? Explore some Markel’s career areas below! See where you can help make Markel one of the world’s greatest companies.
Markel underwriters use creativity and analytical skills to evaluate and set coverage conditions for our clients. To ensure we make decisions profitable to Markel and our clients, underwriters analyze information to determine the risk of insuring a customer and to determine appropriate premiums and amounts of coverage as well as develop the policy language to cover potential losses. An underwriter helps to strategically position and market new policies to wholesale brokers or retail agents.
Claims associates investigate, evaluate, and settle claims. They apply technical knowledge and skillful negotiation skills to ensure fair and prompt closing of cases.
Markel’s actuaries help predict the risk involved in writing various types of insurance policies and identify the potential profitability with different business opportunities. Our actuary associates use their strong analytical skills to provide data that allows management to plan for the future and reserve for possible losses.
Finance, accounting, treasury, tax, and internal audit
Markel’s finance, accounting, treasury, tax, and internal audit associates are responsible for the integrity of the company’s worldwide financial operations and policies.
Information systems and technology
Whether it’s computing or communicating, IT delivers all of our systems worldwide, with an eye toward speed and reliability, technical expertise, and knowledge of our business.
Regulatory and compliance
Associates in regulatory and compliance are responsible for ensuring that we meet federal and state mandates to protect both the company and our insureds. Strong attention to detail and an ability to identify potential problems and opportunities within the regulatory arena are important assets for this position.
Associates in customer support work effectively in a fast-paced environment, work well in a team environment, communicate clearly and professionally. Our associates are reliable and dedicated to providing the best customer experience possible.
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Markel locations list
Markel Specialty is a recognized leader in insuring youth-related organizations and child care centers for over 30 years with insurance, loss control, and advisory services.
Our Child Care Complete program consists of an insurance package with coverages specifically designed to address and support the coverage issues of the child care industry.
One of the benefits available to policyholders is our Safety 1st education program which provides exceptional risk management tools, including background checks for staff and volunteers at a deeply discounted rate, safe driving courses at a reduced rate, and practical loss-control solutions.
The program is designed for profit and non-profit operations providing early childhood education such as:
Commercial child care centers
Before- and after-school programs
For more information and contacts, click here.
Markel's Wholesale division is heavily involved in the National Association of Professional Surplus Lines Offices, Ltd. (NAPSLO). The Wholesale division has nine associates serving on various NAPSLO committees for the current year.
The Wholesale division has also had five associates presented with prestigious NAPSLO awards including the Charles A. McAlear/NAPSLO Industry Award (Tony Markel, 2005 and John Latham, 2009), the W. Dana Roehrig (Past President’s) Award (Jeff Lamb, 2011 and Wendy Houser, 2012) and the Steven R. Gross Next Generation Award (Nick Abraham, 2012).
The Markel Style states that “We respect our relationship with our suppliers and have a commitment to our communities.” These associates volunteer their time and energy to better NAPSLO and the community of insurance professionals.
Wholesale division contacts
President, Wholesale Division
Regional President, West Region
Regional President, Northeast Region
Regional President, Southeast Region
Regional President, Mid South Region
Regional President, Midwest Region.
Specialty business news
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Global insurance underwriters
We understand that many of the risks our agents see do not fit nicely in a box. The efficiency created by our investment in technology and process improvement, allow us to staff dozens of regional underwriters who are anxious to find flexible and creative solutions for the unique exposures we encounter in the E&S market.
Our claims teams are organized by claims type and product. We support all five insurance segments, and a partial list of products appears below. Please contact us if you have a claim for a policy type not referenced here.
General liability and other claims
Motorcycle, boat, ATV/UTV, special event, bicycle, personal watercraft, and snowmobile
Horse and farm
Classic and collector car and boat
Global Reinsurance underwriters
Our companies are leaders in their respective industries. Our management teams are the leaders of those companies.
We provide corporate governance and other related services to our companies but refrain from affecting management's day-to-day activities. Therefore, our companies can focus on what they do best. From providing healthcare solutions, affordable housing, or retail price solutions across the US to manufacturing capital equipment around the world, each of our companies strives to achieve long-term success for its customers, employees, and communities.
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Markel’s culture can be described in three words: The Markel Style.
Nearly 100 years ago, Sam Markel started this unique organization founded on core values and excellence. Markel is now a Fortune 500 publicly-traded company, with more than 15,000 employees around the world, and has earned the reputation as an industry leader covering hard to place risks.
The Markel Style brings our culture to life and makes us stand out in the markets where we compete for talent. We come to work each day with the Style as our guide while we pursue excellence and keep a sense of humor. It inspires us to work hard, always look for a better way, share success with others, and win together. The Markel Style is who we are – it is our corporate DNA that binds us together as one family.
Address of headquarters
4521 Highwoods Parkway
Glen Allen, VA 23060
View our other office locations
Phone and email
+1-800-446-6671 (toll free)
Send us an email
Trade credit is vital to business. Markel’s trade credit and political risk insurance solutions ensure that buyers and sellers can do business with confidence. Our trade credit insurance protects against counterparty payment default risks, and may extend to cover the default of payment obligations arising out of contractual non-performance.
Buyers, sellers, and their bankers have long relied on credit to facilitate trade, but never more so than in today’s global marketplace where supply and demand are founded on increasingly complex credit arrangements. Where credit is involved there are also counterparty risks. What happens if a counter party defaults on its payment obligation due to insolvency or for other reasons? Non-payment can have a devastating effect on balance sheets, which is why trade credit insurance is essential for business security and confidence.