Markel

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

Happy National Insurance Awareness Day! In honor of the occasion, we asked several of our employees across the US to share fun facts about Markel and the industry. Watch this video to learn about some areas in your life that insurance touches and how much the insurance market generates each year. #WeAreMarkel #NationalInsuranceAwarenessDay Thanks to Mark Schauss, CPCU, Lily Van Elderen, CPCU, Kylie Jones, Dave Washburn, Jenae Scott, Lillian Haley and Karen Hawk for participating.

Olivia (Libby) Reed is a speaker at the upcoming 78th Annual Workers' Compensation Educational Conference and 35th Safety and Health Conference, held by the Workers' Compensation Institute. Her session is called “From surviving to thriving: Improving mental health outcomes for workers in the post-pandemic era”. The presentation will explore the challenges and opportunities for employers to support the mental health of their workers, both in terms of preventing and treating mental illness, and promoting mental wellness and resilience. Register here: https://lnkd.in/eHbMSVy.

We're proud to announce that Phil Schmidt has been appointed Chief Strategy Officer. He now leads Markel's Global Strategy team. His responsibilities include engagement with major strategic initiatives and corporate development activities that are pursued across Markel globally. Additionally, he will work closely across Markel and its State National Companies (SNC) and Nephila Capital divisions on initiatives that address clients' most complex risk management needs by leveraging the power of the company's platform—insurance, reinsurance, fronting and insurance-linked securities. Please join us in congratulating Phil on his new role! Learn more here: https://lnkd.in/ez4YhCnb.

#ICYMI: Melisa G. Thompson participated in today's Insurance Insider webinar about the possible implications of AI in professional liability. Discussion points included: ✔ Overview of AI-related claims to date ✔ Overview of potential claims facing professional liability insurers ✔ What risk management steps companies can take to avoid AI-related claims ✔ What are the key trends that policyholders should be aware of ✔ What regulatory factors may influence AI-related claims ✔ How insurers and brokers are using AI themselves to improve underwriting, pricing, risk selection, and claims management in professional lines Watch a replay of the webinar here: https://lnkd.in/d9tzPmZ9.

We kicked off our 2024 Richmond Summer Event Series in the perfect way — by celebrating our recent Top Workplaces recognition! We’re happy to have been honored for the second year in a row, thanks to our people-powered culture and dedicated employees. Our President Jeremy Noble shared, “It’s incredibly gratifying to have received the acknowledgment as a Top Workplace in Richmond the past two years. It’s made even more gratifying by the fact that, ultimately, that's the voice of our employees sharing their views of what it’s like to have an experience growing a career and being part of the Markel community.” More than 600 employees enjoyed a variety of food trucks and received some new swag that they featured in the Markel photo booth. Two of our employee-led resource groups, UN1DOS and PRISM, also set up booths to share information and encourage others to get involved. You can more about those groups here: https://lnkd.in/eRhDJtzh. #WeAreMarkel #WorkAtMarkel #MarkelStyle #TopWorkplaces2024

While reinsurance property lines might still be enjoying hard market conditions, the situation for casualty re/insurers is more complex. Increased competition has driven rates down while loss costs, driven by economic inflation, social inflation, higher loss values and economic turbulence, have increased. The tailwinds carriers enjoyed are now turning – into noticeable headwinds. Meanwhile, concerns about adequate reserving are emerging as are worries over investment portfolios. Don Bahr and Alan Dowling are part of an upcoming Intelligent Insurer webinar that will examine the complexities of casualty business ahead of another renewal. Register here: https://bit.ly/3XUUgwj.