Operations/tech
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The insurer first noticed “unusual network activity” on June 7.
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Markel is simplifying its structure from six US wholesale and two US retail regions to four integrated US regions.
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Above-market organic growth, mid-market M&A and talent infusions were all heralded.
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Case added that recently acquired broker NFP has “exceeded” expectations.
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The Series C brings the company's valuation to $2.1bn, its highest to date.
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This publication revealed back in February that Itel was being prepared for a sale.
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Starr joins a panel that includes capacity from Axis and Skyward.
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The Floridian brokerage expects to bring its leverage levels below 4x later this year.
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The program will succeed the previous buyback launched in 2023.
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The exec said if he were a carrier CEO, now is the time he would start looking for deals.
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At his last annual meeting as CEO, Buffett highlighted the importance of Berkshire’s insurance operations.
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