RICHMOND, Va., June 28,
2022 /CNW/ -- Responding to the growing needs of the
construction industry, Markel Corporation (NYSE: MKL), a leader in
providing insurance coverage to the industry, has announced the
formation of a new Complex Construction team that will provide
coordinated service to major accounts in this industry.
The new Complex Construction team brings together dedicated
underwriters and other specialists in areas such as claims and loss
control, who are all well positioned to help insureds take
advantage of Markel's extensive corporate knowledge in the
construction and infrastructure space.
"The construction industry is one of the largest and most
dynamic in the US, and Markel is already a recognized leader in
addressing the complex and specialized risks facing construction
clients," said Vince Colosimo,
Markel's Construction Practice Leader. "The Complex Construction
team will help us build on this already strong position."
Colosimo pointed out that the construction industry has a unique
dimension of complexity, since it is subject to a myriad of
economic, social, technological, and environmental risk
factors.
"The new Complex Construction team includes members of our
underwriting team, claims, and Risk Solutions Services, and will
bring together in one place all the resources that companies need
to address these complex risks," Colosimo said. "Not only will this
initiative help cement Markel's commitment to the construction
space, it will also reinforce our consistent approach to helping
clients manage risks across multiple areas and facets of their
business. We are excited to bring together the deep expertise we
have within Markel to better serve the growing needs of clients
within this space."
More information about the new team can be obtained at
https://www.markel.com/insurance/us/commercial/construction
About Markel Corporation
Markel Corporation is a diverse financial holding company
serving a variety of niche markets. The Company's principal
business markets and underwrites specialty insurance products. In
each of the Company's businesses, it seeks to provide quality
products and excellent customer service so that it can be a market
leader. The financial goals of the Company are to earn consistent
underwriting and operating profits and superior investment returns
to build shareholder value. Markel® is a registered trademark
of the Markel Corporation. Visit Markel on the web at
markel.com.
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SOURCE Markel Corporation