Latest news with #MarkelGroupInc
Malaysian Reserve
16-07-2025
- Business
- Malaysian Reserve
Markel appoints Chelsea Jiang as Managing Director
SINGAPORE, July 15, 2025 /CNW/ — Markel Insurance, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the appointment of Chelsea Jiang as Managing Director – Greater China. Based in Hong Kong, Jiang will oversee Markel's operations in both Hong Kong and Shanghai, driving continued growth and deepening the company's presence across Greater China. She will support local and regional teams in executing Markel's strategy, enhancing product offerings, and strengthening broker and client relationships in one of the region's most dynamic markets. Jiang joins from AXA, where she was Chief Technical & Innovation Officer for AXA's General Insurance business across Greater China. With a career that spans underwriting leadership and product development, she brings a deep understanding of the Greater China market and a strong track record of commercial and operational delivery. Jiang will report to newly appointed Managing Director – Asia Pacific, Sucheng Chang. Kevin Leung, Chief Underwriting Officer – Asia Pacific, commented: 'Chelsea's appointment marks an exciting new chapter for Markel in Greater China. Her leadership, regional expertise, and ability to connect strategy with execution make her a strong addition to our team. I look forward to working with her to further accelerate our growth and build on the strong foundations laid by our teams in Hong Kong and Shanghai.' Sucheng Chang, Managing Director – Asia Pacific, adds: 'With both our Hong Kong and Shanghai teams reporting into her, we're confident Chelsea will bring greater alignment, foster stronger collaboration, and help unlock the full potential of our teams across the region. Her leadership will ensure a unified and strategic approach as we continue to scale in one of Asia Pacific's most important markets.' About Markel Insurance We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.
Cision Canada
16-07-2025
- Business
- Cision Canada
Markel appoints Chelsea Jiang as Managing Director
SINGAPORE, July 15, 2025 /CNW/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the appointment of Chelsea Jiang as Managing Director – Greater China. Based in Hong Kong, Jiang will oversee Markel's operations in both Hong Kong and Shanghai, driving continued growth and deepening the company's presence across Greater China. She will support local and regional teams in executing Markel's strategy, enhancing product offerings, and strengthening broker and client relationships in one of the region's most dynamic markets. Jiang joins from AXA, where she was Chief Technical & Innovation Officer for AXA's General Insurance business across Greater China. With a career that spans underwriting leadership and product development, she brings a deep understanding of the Greater China market and a strong track record of commercial and operational delivery. Jiang will report to newly appointed Managing Director – Asia Pacific, Sucheng Chang. Kevin Leung, Chief Underwriting Officer – Asia Pacific, commented: "Chelsea's appointment marks an exciting new chapter for Markel in Greater China. Her leadership, regional expertise, and ability to connect strategy with execution make her a strong addition to our team. I look forward to working with her to further accelerate our growth and build on the strong foundations laid by our teams in Hong Kong and Shanghai." Sucheng Chang, Managing Director – Asia Pacific, adds: "With both our Hong Kong and Shanghai teams reporting into her, we're confident Chelsea will bring greater alignment, foster stronger collaboration, and help unlock the full potential of our teams across the region. Her leadership will ensure a unified and strategic approach as we continue to scale in one of Asia Pacific's most important markets." About Markel Insurance We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.
Cision Canada
15-07-2025
- Business
- Cision Canada
Christian Stobbs named Markel's Chief Strategy and Corporate Development Officer
RICHMOND, Va., July 15, 2025 /CNW/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that it has appointed Christian Stobbs as its Chief Strategy and Corporate Development Officer. In this new role, Stobbs will play a key role in identifying and advancing strategic growth opportunities across Markel's insurance operations. Stobbs, who will initially be based in the US, will report directly to Simon Wilson, Chief Executive Officer of Markel Insurance. "I'm confident that Christian's proven leadership successes and his more than 17 years of insurance and financial services industry experience will unlock even greater opportunities to help Markel Insurance to win," said Wilson. Stobbs joined Markel in 2015 as Strategy and Development Executive, where he established the strategy function for Markel International. In 2016, he was appointed Managing Director for Abbey Tax, now Markel Tax, and developed the strategy to help create the UK's leading dedicated tax fee protection insurer. In 2019, Stobbs was named as Managing Director, Asia Pacific, which under his leadership achieved significant expansion, following investment made as part of Markel's Accelerate Asia Pacific strategy. Since 2019, GWP has increased by approximately 600%, underwriting profitability has improved and the number of employees in the region has nearly tripled. Sucheng Chang was appointed as Managing Director, Asia Pacific, effective July 14. We are Markel, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people—and the deep, valued relationships they develop with colleagues, brokers and clients—that differentiates us worldwide.
Malaysian Reserve
15-07-2025
- Business
- Malaysian Reserve
Markel to ramp up Malaysian presence, appoints new country head
MARKEL Insurance, the insurance operations within New York-listed Markel Group Inc, has appointed Jasminder Kaur as its country head as it plans to ramp up its presence in Malaysia. In her new role, Jasminder will be responsible for scaling Markel's operations in Malaysia, which the company has described as an established specialty insurance market. She will collaborate closely with the underwriting team in Singapore, while also working to establish and grow Markel's underwriting capability in Kuala Lumpur. The appointment will build on Markel's existing presence in Malaysia, where Markel is licensed as a Tier 2 reinsurer in Labuan, it said in a statement. Jasminder brings close to three decades of experience in the insurance industry, with a background in risk management and broking. She most recently served as CEO of MP Honan Insurance Brokers Sdn Bhd, where she played a key role in evolving the local broking firm into an international boutique firm, driving sales growth and operational excellence. Prior to that, she spent more than eight years at Aon Insurance Brokers Sdn Bhd, where she held various leadership roles, including chief broking officer. Jasminder will report to Kevin Leung, Markel's chief underwriting officer for Asia Pacific. 'Jasminder's appointment is a key strategic move for our business in Malaysia, leveraging her proven ability to deliver results and her deep understanding of the local market,' said Christian Stobbs, Markel's MD for Asia Pacific, in the same statement. Markel Insurance is a global specialty insurer, which leverages its broad array of capabilities and expertise to create solutions for the most complex specialty insurance needs. The specialty insurance market sector in Malaysia is composed of a mix of local and international insurers that offer niche or non-traditional insurance products tailored to specific risks. These can include areas such as marine, aviation, energy, construction, political risk, cyber insurance and other specialised risks. One of the key players in this sector is MSIG Insurance (M) Bhd, owned by Japan-based Mitsui Sumitomo Insurance Group, whose specialty lines include marine, energy, construction, engineering, aviation and liability insurance. Two other players are Swiss-owned Zurich General Insurance Malaysia Bhd, with specialty lines in marine, energy, construction, cyber and liability insurance, as well as AIG Malaysia Insurance Bhd who's parent compay is the US-based American International Group. — TMR This article first appeared in The Malaysian Reserve weekly print edition
Cision Canada
02-07-2025
- Business
- Cision Canada
Markel appoints new Senior Underwriter in Australia
MELBOURNE, Australia, July 2, 2025 /CNW/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the appointment of Joanna Quigan as Senior Underwriter, Professional and Financial Risks (PFR) in Melbourne, with immediate effect. In her new role, Quigan will be responsible for developing and managing underwriting strategies for renewing and new business within Markel's Professional and Financial Risks book of business in Australia, with a particular focus on Professional Indemnity. She will be based in Melbourne and report to Kym Beazleigh, Head of Professional and Financial Risks. Quigan brings with her nearly 20 years of experience in liability insurance to build on Markel's Professional Indemnity business in the Victorian market. She joins from Delta Insurance Group New Zealand, where she was the Cyber Product Lead responsible for setting cyber underwriting guidelines, innovating products and establishing growth strategies. Prior to that, Quigan held senior management and product roles in the New Zealand market over several years at Marsh & McLennan and AIG Insurance. Beazleigh commented: "Joanna's appointment marks another milestone in our plan to hire strong talent across our three offices in Australia. She brings a wealth of product, management and strategic experience. "With Joanna coming on board, we now have a fully empowered underwriting team in Victoria across our core product lines of Management Liability, Financial Institutions and Professional Indemnity. We really look forward to the impact Joanna will have on the market". About Markel Insurance We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.
