Markel has hired Chubb’s former president of North American financial lines Robert Cox as president and chief operating officer for insurance operations.
The carrier said Cox would oversee its primary divisions including Markel Assurance, Markel Specialty, and Markel International, “in support of integrating its insurance operations”.
In addition to hiring Cox, Markel has also promoted Markel Assurance president Bryan Sanders to become president of US insurance.
“Bryan has built relationships and a level of expertise that has proven invaluable for our production partners and customers,” said Markel’s co-chief executive officer Richie Whitt.
“He has played an integral role in helping Markel maintain its leadership position and increase our market presence in both the wholesale and retail marketplace.”
Meanwhile it has made Brad Kiscaden president and chief administrative officer after six years as chief actuarial officer.
“Brad’s experience with Markel has given him a deep understanding of our operations across the globe, and he has played a critical role in a number of key initiatives to grow the business,” Whitt said.
“The addition of Bob to our executive leadership team and the promotions of Brad and Bryan strengthen our focus on profitable growth and delivering the best value and services for our customers,” said Whitt.
Cox spent 35 years at Chubb, ultimately rising to becoming chairman of North American financial lines after the US insurance giant was acquired by Ace.
Prior to that he was chief operating officer of Chubb but the group announced his “retirement” in April 2016.
In his new role, Cox will to Whitt, who said: “We are excited to welcome Bob to Markel, and we are confident his diverse background will be a tremendous asset to our company.”
“We look forward to Bob’s abilities to lead and grow Markel’s insurance operations,” he went on.