Markel Group Inc. (MKL)

1,439.09 +23.93 (+1.69%) At close: 04:00PM 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
Industry: Insurance - Property & Casualty
Full-time employees: 20,900

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Thomas Sinnickson Gayner	Chief Investment Officer, CEO & Director	1.89M	N/A	1961
Mr. Richard Randolph Grinnan	Senior VP, Chief Legal Officer & Secretary	848.46k	N/A	1969
Mr. Jeremy Andrew Noble CPA	President of Markel Insurance Operations & President of Global Insurance Engine	1.01M	N/A	1976
Mr. Robert Chantry Cox	President of Global Insurance Operations	1.34M	N/A	1958
Mr. Michael R. Heaton	Executive Vice President	1.01M	N/A	1977
Ms. Teresa S. Gendron	Chief Financial Officer	N/A	N/A	1970
Mr. Brian Jeffrey Costanzo	Senior VP of Finance, Chief Accounting Officer, Controller & Principal Financial Officer	N/A	N/A	1978
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.	Vice President of Sales & Business Development	N/A	N/A	N/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 28 November 2023 is 3. The pillar scores are Audit: 3; Board: 6; 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 10 indicates higher governance risk.