Markel

We're thrilled to welcome Robert Cole as our new Chief Actuarial Officer. He brings extensive leadership and industry experience to Markel. Throughout his career, Rob has held multiple leadership roles both in the US and the UK, supporting pricing and reserving disciplines across a wide range of products. We're proud to have Rob on the team! Read more about his role here: https://lnkd.in/eGQwUkqr.

We’re excited to welcome our 2024 Underwriting Training Program (UTP) participants! The 24 trainees are all together for the first time at our headquarters in Richmond, VA for their Kickoff Week, but their individual UTP journeys began three weeks ago. Based in various offices across the US and Bermuda, the trainees are working toward becoming successful underwriters. The skills, tools and knowledge they gain from this program not only aid in their current roles but also pave the way for their development as future leaders. Their growth and success are integral to Markel’s zealous pursuit of excellence. Learn more about the UTP here: https://lnkd.in/ewsJqJsJ and stay tuned for more updates on their journey this summer! #WeAreMarkel #WorkAtMarkel

Sue Davies said, “Managers are key to both hiring and retention: encouraging them to be innovative and creative in their hiring practices is crucial.” Our Chief Human Resources Officer recently participated in a panel, as part of Intelligent Insurer's Talent Month series. This second report delves into successful initiatives to retain and develop talent within the re/insurance sector. During the discussion, Sue stressed the role of managers in fostering an inclusive environment. She added that providing global experiences through formal secondments and short-term projects could be a differentiator for new entrants and existing employees alike. Sue also pointed out the central role of partnerships in talent retention, mentioning Markel’s partnerships with the Dive In Festival and the National African American Insurance Association as examples of how collaborations can foster a more inclusive and attractive industry environment. “Effective partnerships can have a multiplier effect, rather than everyone working in silos,” she explained. Watch a replay of the virtual panel discussion here: https://lnkd.in/eKpP2qpF.

Another Richmond Summer Events Series gathering is in the books! ☀️ Two of our employee-led resource groups, the Markel Women’s Network (MWN) and the Markel Asian Professionals (MAP) Network, jointly hosted an afternoon of sips, snacks and socializing. Attendees connected with their colleagues while enjoying refreshments from Tier7 Eatery. The MWN once again partnered with the YWCA Richmond for a diaper drive. "One of MWN’s goals for this cycle is to drive the advancement of women leaders," said MWN Richmond Lead Sarah Parramore. "Through partnering with non-profits, MWN can create awareness of organizations in our community whose strategic goals align with our own. The YWCA is committed to empowering women, and we are grateful to be able to support them through another successful diaper drive." Members of the MAP leadership team shared information with attendees about their mission statement, pillars and upcoming events. MAP Networking Chair Rahul Shah shared, “ERGs help diversify our portfolio at Markel, enhance community outreach, and things like that where folks from different backgrounds can join and have that working collaboration.” Learn more about our employee-led resource groups here: https://lnkd.in/eRhDJtzh. #WeAreMarkel

#ICYMI: Don Bahr and Alan Dowling of Markel Global Reinsurance participated in today's Intelligent Insurer webinar called "Casualty: tailwinds turn to headwinds – discipline is needed in turbulent times". The discussion offered a bird’s eye view of the casualty landscape, while also drilling into the nuanced picture in specific lines including workers’ comp, D&O, transactional liability, cyber and general casualty business. Watch a replay of the webinar here: https://lnkd.in/gvJQZCni. From the discussion, you will: ✔️ Understand the challenges carriers are facing and why they are so intense ✔️ Secure insights into the nuance around how difference lines are performing ✔️ Gain an understanding of how inflation and increased loss costs are hurting carriers ✔️ Better grasp how carriers can still be results-oriented despite uncertainty ✔️ Learn why good communication between cedant, broker and reinsurer is critical

As part of Intelligent Insurer's Talent Month series, Sue Davies participated in a panel with other human resources leaders in the insurance industry. This first report focuses on strategies to attract more of the right people. Sue spoke about the importance of effective marketing to attract the right talent. “The sector generally is continuing to up our game on marketing careers in insurance,” she said. “The sheer diversity of career opportunities that exist, and the importance of everything we do, make this where we can all continue to raise the game.” Sue also suggested breaking away from tradition when appealing to new talent pools. She cited Markel’s recruitment program for veterans and individuals returning from career breaks as examples of innovative recruitment strategies and emphasized retention. “We can’t take our eyes off the prize in terms of continuing to make sure we’re developing our internal talent pipeline,” she added. Watch a replay of the virtual panel discussion here: https://lnkd.in/e6ZEtHdB.

For the ninth year running, we’re delighted to be a Global Festival Partner for the Dive In Festival. This partnership aligns with our mission of creating an inclusive and diverse environment for people to thrive. At Markel, D&I is fundamental and is integrated in every stage of the employee journey, from hiring to how we grow and develop our people. Our employee-led resource groups provide a vital voice, helping to drive initiatives, events and connection across our global business. Continually striving for better, we’re also passionate about educating our employees, and ensuring that everyone is equipped with the tools needed to excel. We’re looking forward to continuing to work together as Global Festival Partners! #DiveIn2024 #WeAreMarkel

As we gear up to celebrate the Fourth of July, we hope you enjoy a safe and fun holiday. Our partners at Warrior Sailing are helping us share some basic boating tips to keep you safe on the water. Read more information and safety tips here: https://lnkd.in/e9TXBvh8. ⛵️ #WeAreMarkel #FourthOfJuly #IndependenceDay #BoatingSafety

We're glad we joined two Insurance Industry Charitable Foundation Regional Forums this June. Orly Nosrati spoke on a panel in Los Angeles, CA about interweaving diversity, equity, inclusion, and belonging into the everyday and Jamie Carsey participated in a session in Dallas, TX about her career story. Proceeds from the events benefitted IICF nonprofit partners and neighbors in need through the IICF Community Grants Program.

As Pride Month comes to an end, we're looking forward to a hands-on opportunity with the Richmond Metropolitan Habitat for Humanity. Markel is proud to be a sponsor of this year’s PRIDE Build, which will begin mid-summer and continue through the fall. Once assigned a build day, professionals will guide our employee volunteers through some work on a home, which will then be given to a family in need. Members of PRISM, our LGBTQ+ employee-led resource group, attended a Habitat for Humanity kick-off event yesterday to build excitement for this chance to give back to the community. Learn more about PRIDE Build here: https://lnkd.in/ebAAgDBA. #Pride #PrideMonth #WeAreMarkel