Markel bolsters marine and power legal responsibility division with new director – Cyber Tech

Markel has appointed Grant Smith (pictured above) as director of marine & power legal responsibility for its worldwide specialty division, efficient instantly.

The corporate highlighted Smith’s appointment as a part of Markel’s ongoing efforts to strengthen its worldwide specialty underwriting capabilities, following the launch of its worldwide specialty observe in December of final yr.

Smith brings greater than 17 years of expertise within the legal responsibility insurance coverage market, having held numerous underwriting and management roles. He joins Markel from QBE, the place he most lately served as portfolio supervisor specialty for QBE European Operations, managing a large portfolio of worldwide marine enterprise, together with legal responsibility, hull, and P&I lessons.

Earlier than his time at QBE, Smith labored in underwriting roles throughout marine and aviation at Vacationers, starting his profession within the business.

In his new function, Smith will lead the marine & power legal responsibility workforce inside Markel’s worldwide wholesale enterprise. He shall be tasked with driving development initiatives that align with Markel’s long-term strategic objectives. He shall be based mostly in London and can report back to Tom Hillier, managing director of worldwide specialty at Markel.

Hillier famous that purchasers are presently navigating a difficult setting because of financial inflation, adjustments in regulatory and authorized frameworks, and rising technological and climate-related legal responsibility dangers.

Hillier additionally highlighted that when the specialty observe was established inside Markel’s Worldwide Wholesale enterprise final yr, the corporate set bold objectives for the marine & power legal responsibility workforce, centered on attaining sustainable and worthwhile development and establishing management in underwriting and repair.

“I’m due to this fact delighted to welcome Grant on board to guide our marine & power legal responsibility workforce. I’m assured his background and expertise will place him to guide the workforce to ship on our bold objectives for this class of enterprise and supply a superior service proposition to our purchasers and brokers,” he mentioned.

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