Reinsurance News

Markel names Brook Styles head of cargo

6th October 2023 - Author: Kane Wells -

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Markel, the insurance operations within Markel Group Inc., has appointed Brook Styles as head of cargo, with immediate effect.

He takes on the new role from Richard Burnett, who will transition to head of cargo underwriting.

Styles first joined Markel in 2006, during which time the firm said he acquired valuable underwriting experience and expertise from the wholesale teams, having worked across various classes of business, including fine art, specie, and terrorism.

He left Markel in 2014 to join Pioneer, where he managed and led the cargo and terrorism portfolio for five years. Styles then returned to Markel in a senior underwriter capacity to take the cargo portfolio forward.

In the new role, Markel said that Styles will play an important part in “identifying areas to spearhead further growth across its cargo portfolio, in addition to supporting underwriters in the cargo team with their professional development.”

He will also be responsible for driving the firm’s Broking Partner Relationship programme, by “establishing and maintaining new and existing broker relationships, while continuing to deliver an open, honest, and consistent underwriting service to customers.”

Styles will be based at Markel’s London office, reporting to Dan McCarthy, director of marine at Markel International, who said, “Brook has an excellent reputation in the market, evidenced through the unrivalled service and support he has provided to Markel’s stakeholders and brokers over the past four years.

“With Brook’s extensive leadership profile, he will lead our cargo underwriting team by building on the great foundations set out by his predecessor, Richard Burnett, who has taken on a more strategic position so we can take our underwriting services and capabilities to the next level.”