Markel Corp.

Exporter
4521 Highwoods Pkwy., Glen Allen, VA 23060-6148, United States
(800)446-6671, (804)747-0136, (804)965-1600 fax, http://www.markelcorp.com

Primary SIC: Fire, Marine And Casualty Insurance, Primary NAICS: Direct Property and Casualty Insurance Carriers
Description: Markel Corporation was started in the early 1920s by Sam Markel to provide insurance to the transportation industry. It is headquartered in Glen Allen, VA. The company held its initial public stock offering in December, 1986. Markel Corporation markets and underwrites specialty insurance products and programs to a variety of niche markets. The specialty market provides coverage for hard-to-place risks that generally do not fit the underwriting criteria of standard carriers. Markel Corporation competes in three segments of the specialty insurance marketplace - the excess and surplus lines, the specialty admitted and the London markets. The E&S market focuses on hard-to-place risks and loss exposures that generally cannot be written in the standard market. In the specialty admitted market, the insurance risks, although unique and hard-to-place in the standard market, must remain with an admitted insurance company for marketing and regulatory reasons. The London market is the largest insurance market in Europe, and second largest in the world. Markel Corporation conducts business under a number of subsidiary names, including Markel Essex Excess and Surplus Lines, Markel Shand Professional/Products Liability, Markel Specialty Program Insurance, Markel American Specialty Personal and Commercial Lines and Markel International.Insurance: Specialty property and casualty insurance underwriter.