Markel selects world head of disaster and publicity administration

Markel Company has appointed Amandeep Dhillon (pictured above) as managing director, world head of disaster and publicity administration.

Dhillon has over 15 years of expertise within the insurance coverage business, with experience in disaster threat administration and ceded reinsurance. He joins Markel after practically eight years with AIG, the place he most lately held the position of senior ceded reinsurance officer – property & credit score traces.

In his new position at Markel, Dhillon will likely be liable for main the corporate’s method to disaster and publicity administration throughout its world insurance coverage and reinsurance platform, protecting all traces of protection together with property and marine, casualty, cyber, {and professional} legal responsibility.

He will likely be based mostly in Markel’s Glen Allen workplace in Virginia and can report back to Guenter Kryszon, world government underwriting officer, property.

“Accelerating Markel’s disaster and publicity administration capabilities throughout the platform is a strategic precedence, and Amandeep Dhillon’s in depth expertise will carry super worth to the group,” stated Kryszon.

Dhillon’s appointment comes throughout the similar month that Markel named Richie Henry as the brand new chief of its North American claims operations. Henry, who assumed the position of chief working officer, claims, joined Markel in 2013 and has held quite a few positions managing the partnership between North America insurance coverage and IT throughout the firm.

Earlier this yr, Markel additionally launched its full-year outcomes for 2022, posting a complete loss to shareholders that amounted to US$1.3 billion. It additionally reported internet funding losses value US$1.6 billion.

“Complete loss to shareholders in 2022 resulted from internet funding losses and unrealized losses on our mounted maturity portfolio, which greater than offset working earnings from our insurance coverage and Markel Ventures operations,” the corporate stated in a press launch detailing its 2022 figures.

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