Markel revamps excess casualty lines leadership in south-east region

Markel, the insurance unit of Markel Group, has strengthened its excess casualty leadership team within the Markel Specialty division in the south-east region of the US.

Nan Fine has been promoted to managing director of casualty, south-east region, Markel Specialty, where she will oversee initiatives across casualty lines, including healthcare risk solutions, primary casualty and excess casualty.

She will now report to Steve Girard, regional president, south-east region.

In a parallel appointment, Hillary Warren has taken on the role of manager for commercial wholesale excess casualty, south-east region.

Warren will oversee the excess casualty team, directing the excess portfolio and strengthening relationships with excess wholesale partners.

She will report to Fine.

Girard said: “Nan has already been focusing on refreshing and revising our strategy and direction for Excess Casualty in the south-east region, as we reshape and redefine our culture, appetite and organisational structure. Longer term, Nan will continue her efforts to streamline our product delivery between Primary and Excess.

“At Markel, we take pride in developing deep benches of underwriting talent like Nan Fine and Hillary Warren. The experience and expertise of these two strong leaders will help us continue to grow our region’s Excess Casualty business in both the near and long term.”

Fine added: “In addition to overseeing our relationships and our portfolio, Hillary will be instrumental in building and developing our talented Excess Casualty team.”

Last month, the company reported net income attributable to shareholders of $549.2m for the fourth quarter of 2024, a decrease of 40.1% from the $769.3m reported in the same quarter of the previous year.

However, for the full year of 2024 net income to shareholders reached to $2.7bn, an increase of 47.37% from the $1.9bn reported in 2023.

“Markel revamps excess casualty lines leadership in south-east region ” was originally created and published by Life Insurance International, a GlobalData owned brand.

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