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Stock impact report

Markel accelerates North American Fine Art ambitions with key industry hire

Markel Group Inc. (MKL) 
Last markel group inc. earnings: 4/28 04:54 pm Check Earnings Report
US:NYSE Investor Relations: markelcorp.com/investor-relations
Company Research Source: PR Newswire
LONDON, June 13, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced it has appointed Kyle McGrath as its Head of Fine Art – North America, with immediate effect.In her new role, McGrath will be responsible for leading Markel's Fine Art business in North America, and driving the strategic, profitable expansion of this class of business. As part of this, she will be tasked with developing the regional underwriting strategy, product offering and regional footprint, working closely with Markel's Fine Art underwriting team in the US.Operating from Markel's New York office, McGrath will report to Dan McCarthy, Director of Marine at Markel in London.McCarthy commented: "The global fine art insurance market is expanding, driven largely by an increase in the individual and institutional collector base in the US. Meanwhile, rising art valuations and a changing risk landscape for collectors make having the right risk and insurance partner Show less Read more
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