Markel Group Inc - Company Profile
Powered by
All the data and insights you need on Markel Group Inc in one report.
- Save hours of research time and resources with
our up-to-date Markel Group Inc Strategy Report
- Understand Markel Group Inc position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Related keylists
Markel Group Inc (Markel), formerly, Markel Corp, is a provider of specialty insurance products. The company, along with its subsidiaries, offers general liability, products liability, automobile liability, miscellaneous professional liability, environmental consultants' professional liability, contractors' pollution liability and site-specific environmental impairment liability coverages. It also offers professional liability insurance, workers' compensation, ocean marine products, general agent programs and coverage for equine-related risks. The company offers personal lines products, which provide first and third-party coverage for cars, motorcycles and various personal watercrafts such as high-performance boats, vintage boats and yachts and recreational vehicles. Its operations are spanned across the US and internationally. Markel is headquartered in Glen Allen, Virginia, the US.
Markel Group Inc premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Environmental and Energy Insurance | Markel |
Excess and Umbrella Insurance | |
General Liability Insurance | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In January, the company entered into a partnership with Foxquilt to distribute insurance products for more agents/brokers, small business owners, and enterprise partners in North America. |
2023 | Corporate Changes/Expansions | In December, Markel International introduced a Specialty practice under its International Wholesale division. |
2023 | Acquisitions/Mergers/Takeovers | In October, the company acquired a 49% share in a tax-managing general agent, Certa Insurance Partners Ltd. |
Competitor Comparison
Key Parameters | Markel Group Inc | Berkshire Hathaway Inc | The Progressive Corp | Nationwide Mutual Insurance Co | American International Group Inc (AIG) |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Glen Allen | Omaha | Mayfield Village | Columbus | New York |
State/Province | Virginia | Nebraska | Ohio | Ohio | New York |
No. of Employees | 21,600 | 396,500 | 61,400 | - | 25,200 |
Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Steven A. Markel | Chairman | Executive Board | 2020 | 75 |
Thomas S. Gayner | Director; Chief Executive Officer | Executive Board | 2023 | 62 |
Michael R. Heaton | Executive Vice President; Chief Operating Officer | Senior Management | 2024 | 47 |
Richard R. Grinnan | Chief Legal Officer; Senior Vice President; Secretary | Senior Management | 2020 | 54 |
Brian Costanzo | Chief Financial Officer - Group; Chief Financial Officer - Markel | Senior Management | 2023 | 45 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward