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Markel Group Inc. (MKL)

NYSE - NYSE Delayed Price. Currency in USD
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1,471.52-3.00 (-0.20%)
At close: 04:00PM EST
1,470.00 -1.52 (-0.10%)
After hours: 05:36PM EST

Markel Group Inc.

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

Sector(s)Financial Services
IndustryInsurance - Property & Casualty
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Thomas Sinnickson GaynerChief Investment Officer, CEO & Director1.89MN/A1961
Mr. Richard Randolph GrinnanSenior VP, Chief Legal Officer & Secretary848.46kN/A1969
Mr. Jeremy Andrew Noble CPAPresident of Markel Insurance Operations & President of Global Insurance Engine1.01MN/A1976
Mr. Michael R. HeatonExecutive Vice President1.01MN/A1977
Mr. Brian Jeffrey CostanzoCFO & Chief Financial Officer of Markel Insurance OperationsN/AN/A1978
Ms. Meade P. GrandisChief Accounting Officer & ControllerN/AN/AN/A
Ms. Jennifer BlackwellDeputy Chief Communications OfficerN/AN/AN/A
Mr. Paul BroughtonManaging Director of MarketingN/AN/AN/A
Mr. Frederick W. May Jr.Vice President of Sales & Business DevelopmentN/AN/AN/A
Mr. Jeff LambExecutive Director of Programs and Alliances - Markel SpecialtyN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Markel Group Inc., a diverse financial holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, the Asia Pacific, and the Middle East. The company 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. It also offers credit and surety products, and collateral protection insurance products. In addition, the company offers transaction, directors and officers, and healthcare liability reinsurance; and specialty treaty reinsurance products comprising credit and surety, workers' compensation, accident and health, marine and energy, public entity, mortgage default, aviation and space, agriculture, and discrete political violence and national terror pools. Further, it provides construction services, consumer and building products, transportation-related products, consulting services, and equipment manufacturing products, as well as healthcare, leasing, and investment services. Additionally, the company 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. The company was formerly known as Markel Corporation and changed its name to Markel Group Inc. in May 2023. Markel Group Inc. was founded in 1930 and is based in Glen Allen, Virginia.

Corporate governance

Markel Group Inc.’s ISS governance QualityScore as of 1 February 2024 is 3. The pillar scores are Audit: 4; Board: 6; Shareholder rights: 4; 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 10 indicates higher governance risk.