Reinsurance News

Markel Intl. bolsters underwriting & catastrophe management functions

15th December 2022 - Author: Kane Wells -

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Markel International has named Andrew Green as head of underwriting risk, with Emma Higgins taking over from Green as head of catastrophe management.

markelAccording to Markel, the promotions demonstrate the firm’s commitment to strengthening its underwriting and catastrophe management functions to support its long-term and profitable growth ambitions, as well as the business’ investment in being a home for talent.

Working in alignment with the Catastrophe Management, Actuarial, Risk Management, and Underwriting teams, Green will be responsible for managing and mitigating volatility in Markel’s portfolio.

He brings over a decade of insurance experience to the firm, having joined Markel in 2014 as head of catastrophe management, where he was key in expanding the team’s remit to include a diverse range of products.

Before joining Markel, Green was at Tokio Marine Kiln for six years, chiefly as the deputy head of exposure management. He began his career as a catastrophe modelling analyst at Catlin in 2006.

Meanwhile, Higgins will lead the catastrophe management team focused on providing individual and portfolio risk insights across its products. She will report to Guenter Kryszon, Global Executive Underwriting Officer, Property at Markel.

Higgins has been with Markel for over six years and started as a senior catastrophe analyst in 2016. she was promoted to catastrophe risk manager in 2019.

Before joining Markel, she was an assistant catastrophe risk analyst at Travelers Insurance Company.

Both offered comments on their promotions, with Green stating, “The work the catastrophe management team produces at Markel continues to be a great source of identifying potential risk and I hope to leverage the knowledge and expertise in that team, whilst collaborating with the other functions across the business.

“My aim in this role is to ensure we uphold our embedded risk culture, robust controls, and strong risk framework which will not only result in good underwriting decisions but in turn, also help Markel achieve its growth ambitions.”

Higgins added, “I’m grateful for the opportunities available at Markel and the ability to progress my career in an environment that values its employees. I am looking forward to leading and supporting the brilliant work that the catastrophe management team does whilst guiding the team to ensure we are aligned with the business’ growth strategy.”

Nick Line, chief underwriting officer at Markel International and whom Green will report, said, “I’d like to congratulate Andrew and Emma on their well-deserved promotions. Andrew’s new position is designed to identify, manage, and mitigate sources of underwriting volatility in excess of Markel’s risk appetite, and will be imperative to the success of the business as we grow.

“Both Andrew and Emma’s well-rounded experience and advancement is a testament to the opportunities available at Markel and our commitment to nurturing and retaining great talent.”