Markel Worldwide reveals president’s successor

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In a press release, Markel noted that under Stovin’s leadership, GWP has grown profitably at an average annual growth rate of around 7% – more than doubling the size of the division.

“Markel is a really remarkable company,” said Stovin, “and it was a great honor to have the opportunity to expand it into new frontiers. I will always admire this organization and know that Markel International is in the best of hands under Simon’s leadership. “

Robert Cox, President and Chief Operating Officer of Markel’s Insurance business, noted that the company’s global expansion was one of the most important decisions in its history and that Stovin deserves significant credit for his success.

“His disciplined approach to growing our wholesale business profitably while building and expanding our international retail business has laid the foundation for tremendous growth in the future,” he said, “and I am confident that Simon will use this foundation to develop our international activities in achieving our profitable growth targets. ”

Wilson now takes on the role of President with nearly 20 years of experience scaling the international operations of large specialty insurance companies. Prior to joining Markel, he ran Lloyd’s Asia platform in Singapore. He joined Markel in 2010 to lead international business development and took on responsibility for the national markets division with offices in Europe and Canada, whose annual GWP has grown from $ 121 million to $ 402 million over the past decade .

Wilson currently serves as the Managing Executive for Global Strategy for Markel.

“I’m honored to be selected for this role,” said Wilson, “and look forward to building on William’s legacy. Markel strives to be the leader in each of our goals and our 90 year history has proven that this is the best way to achieve it through in-depth expertise and exceptional service. Our commitment to understanding our customers’ needs while exceeding their expectations will continue to be paramount as we continue to expand our international operations. “

Wilson will report to Cox and work from the London office. In the meantime, Stovin will remain with the company in an advisory capacity until next year.