Markel Corporation (MKL)

1,215.92 -1.13 (-0.09%) At close: 04:00PM EDT

Markel Corporation

4521 Highwoods Parkway
Glen Allen, VA 23060-6148
United States
804 747 0136
https://www.markel.com

Sector(s): Financial Services
Industry: Insurance—Property & Casualty
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Thomas Sinnickson Gayner	CEO & Director	2.26M	N/A	1961
Mr. Jeremy Andrew Noble C.P.A.	Pres of Global Insurance Engine	1.07M	N/A	1976
Mr. Michael R. Heaton	Exec. VP	978.82k	N/A	1978
Mr. Tyler Brown	Managing Director of Investments	N/A	N/A	N/A
Mr. Brian Jeffrey Costanzo	Chief Accounting Officer, Controller & Principal Financial Officer	N/A	N/A	1978
Mr. Richard Randolph Grinnan	Sr. VP, Chief Legal Officer & Sec.	N/A	N/A	1969
Ms. Jennifer Blackwell	Deputy Chief Communications Officer	N/A	N/A	N/A
Mr. Paul Broughton	Managing Director of Marketing	N/A	N/A	N/A
Mr. Frederick W. May Jr.	VP of Sales & Bus. Devel.	N/A	N/A	N/A
Mr. Jeff Lamb	Exec. Director of Programs and Alliances - Markel Specialty	N/A	N/A	N/A

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, the Asia Pacific, and the Middle East. Its Insurance segment offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. This segment also offers credit and surety products, and collateral protection insurance products. The company's Reinsurance segment offers transaction, healthcare, and environmental impairment liability; and specialty treaty reinsurance products comprising structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs. Its Markel Ventures segment provides equipment used in baking systems and food processing; portable dredges; over-the-road car haulers and transportation equipment; and laminated oak and composite wood flooring, tube and tank trailers, as well as ornamental plants and residential homes, handbags, and architectural products. This segment also provides consulting, and other types of services to businesses and consumers, including distribution of exterior building products, crane rental, fire protection, and life safety services, management and technology consulting, and retail intelligence services. The company's Other segment provides healthcare, leasing and investment services, as well as operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives; and program services. it also manages funds with third parties. Markel Corporation was founded in 1930 and is based in Glen Allen, Virginia.

Corporate Governance

Markel Corporation’s ISS Governance QualityScore as of February 1, 2023 is 4. The pillar scores are Audit: 7; Board: 7; Shareholder Rights: 3; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.