Markel Corporation has announced that Simon Wilson will become the next president of Markel International, the group’s subsidiary, which provides a range of specialist insurance solutions for businesses, charities, SMEs, professionals and sole traders.
He will succeed William Stovin who has led the Markel international division since 2008.
Wilson comes to the position with nearly 20 years of experience “scaling the international operations” of large specialty insurance organisations.
He joined Markel in 2010 and currently serves as the managing executive of global strategy for Markel. Prior to joining Markel, he led the Lloyd’s Asia platform in Singapore.
Markel said that Wilson’s role will become effective “no later” than January 1, 2022, “pending regulatory approval”.
Robert Cox, president and COO of insurance operations for Markel, said: “Our global expansion was one of the most important decisions in Markel’s history, and William deserves significant credit for making it a success.
“His disciplined approach to profitably growing our wholesale business while also establishing and expanding our international retail operations has laid the foundation for tremendous growth in the future, and I’m confident that Simon will leverage this foundation to successfully lead our international operations in achieving our profitable growth goals.”