Markel has appointed former Chubb vice president Debbie O’Sullivan as senior yacht underwriter in its marine team.

In her new role O’Sullivan will be responsible for underwriting yacht books valued between $2mn and $25mn from a base in New Jersey.

O’Sullivan joins Mike Wimbridge, senior yacht underwriter, and Chris Lytton, assistant yacht underwriter at Markel.

She joins Markel from Chubb, where she joined in 1986, leaving the role of vice president for North American yacht underwriting, product and pricing manager.

Wimbridge said:” We have known Debbie for a long time and we are delighted she’s going to be part of our team. She’s extremely well known and well connected in the US market and has an important role to play in broadening the distribution reach for our skills and expertise.” 

Chris Fenn, marine managing director, added: “Since Mike’s appointment in 2016, Markel has established itself as a major player in the yacht market. Debbie’s appointment continues that progress, adding the US to our market interests in London, Singapore and Dubai.”