LONDON, Aug. 29, 2023 /PRNewswire/ -- Markel, the
insurance operation within Markel Group Inc. (NYSE: MKL), has
appointed Andrew Umphress as the
head of terrorism for North
America. The appointment signals Markel's commitment to
broadening the scope of its offering to clients across North America as geopolitical risks escalate
worldwide.
Umphress will be based at Markel's New
York office and report to Ed
Winter, director of terrorism, in London. He joins a highly experienced global
underwriting team and will be responsible for managing Markel's
terrorism portfolio in the region, as well as continuing to grow
the Active Assailant product. His substantial leadership experience
and deep knowledge of the sector will help Markel's North American
clients to assess and navigate risks in the evolving war,
terrorism, and political violence landscape.
He is a skilled terrorism underwriter and manager with more than
13 years of experience in the US insurance market. He joins Markel
from Munich Re Specialty, where he was vice president and senior
public entity property underwriter. In his role, he assisted
executive management in managing Munich Re's portfolio and
developing client relationships. Previously, he was the head of US
terrorism at Ambridge Group, where he helped to grow the client
base from the ground up. He has also served as the associate vice
president war and terrorism and head of wholesale at Validus, where
he focused on building out the underwriting team in New York.
Winter commented: "Heightened geopolitical tensions and an
increasingly unpredictable threat landscape have brought the need
for terrorism and political violence coverage into sharper focus as
our clients navigate the complex effects of global conflict.
Andrew's arrival on our team will see him play a central role in
enhancing our proposition to meet this challenge across
geographies. His proven track record in building cutting edge
solutions for clients, coupled with significant expertise in both
terrorism risk and the US insurance market, will prove invaluable
to our clients in North America.
I'm delighted to have Andrew onboard and excited to see him take
our offering from strength to strength."
About Markel
We are Markel, a leading global specialty
insurer with a truly people-first approach. As the insurance
operations within Markel Group Inc. (NYSE: MKL), we operate the
Markel Specialty, Markel International, and Markel Global
Reinsurance divisions, as well as State National, our portfolio
protection and program services operations, and Nephila, our
insurance-linked securities operations. Our broad array of
capabilities and expertise allow us to create intelligent solutions
for the most complex risk management needs. However, it is our
people – and the deep, valued relationships they develop with
colleagues, brokers, and clients – that differentiates us
worldwide.
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