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

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

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.

Gain a 360-degree view of Markel Group Inc and make more informed decisions for your business Gain a 360-degree view of Markel Group Inc and make more informed decisions for your business Find out more
Headquarters United States of America

Address 4521 Highwoods Parkway, Glen Allen, Virginia, 23060-6148


Telephone 1 804 7470136

No of Employees 21,600

Industry Financial Services

Ticker Symbol & Exchange MKL (NYSE)

Revenue (2022) $15.8B 35.4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 1022.9% (2022 vs 2021)

Market Cap* $20.4B

Net Profit Margin (2022) XYZ 782.7% (2022 vs 2021)

* As of and is in US$
Gain access to our premium signals and make informed decisions for your business Gain access to our premium signals and make informed decisions for your business Find out more

Markel Group Inc premium industry data and analytics

150+

Insurance Market Data Insights

Insight into market share and brand performance.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Markel Group Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
Environmental and Energy Insurance Markel
Excess and Umbrella Insurance
General Liability Insurance
XYZ
XYZ
XYZ
Understand Markel Group Inc portfolio and identify potential areas for collaboration Understand Markel Group Inc portfolio and identify potential areas for collaboration Find out more

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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
Image for loader

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
Benchmark the company against the market with exclusive information on key competitors Benchmark the company against the market with exclusive information on key competitors Find out more
Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
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 Chief Operating Officer; Executive Vice President Senior Management 2024 47
Richard R. Grinnan Chief Legal Officer; Secretary; Senior Vice President 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
Gain insight into Markel Group Inc key executives to enhance your sales strategy Gain insight into Markel Group Inc key executives to enhance your sales strategy Find out more
Still looking?

Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.

Explorer

Access more premium companies when you subscribe to Explorer