14 September 2016 Insurance

Markel UK hires managing director

Specialist insurer Markel International has appointed Neil Galjaard as divisional managing director of Markel UK, its regional business in the UK.

Galjaard will have overall responsibility for the development and growth of the business, which consists of Markel UK, the regional insurance operation, Abbey Tax, the accountants fee protection insurer and tax consultancy, and Abbey Legal, the legal expenses insurance and legal advice business.

He has held senior management positions in a number of UK-based financial services companies.

His most recent role was leading the acquisition and integration of a commercial insurance broker into a private equity backed utility provider extending their service offering to SME businesses.

Simon Wilson, managing director of Markel’s national markets business, said: ”Our three units offer a range of services that are business critical to all commercial organisations.

“Increasingly, customers will want to be able to buy these, and other services, on an integrated basis and through a range of distribution mechanisms. We are delighted to have Neil’s experience in financial services and private equity to lead the senior management team to deliver Markel’s solution to this unmet customer need.”

Galjaard added: “I’m really excited to join Markel - I have known them as a strong player in the UK domestic insurance market for some years and their established insurance business, together with the strengths and capabilities acquired in Abbey Tax and Abbey Legal, offer substantial opportunities for growth.

“Markel have a unique set of capabilities which, when delivered as an integrated offering, will enable it to further support the broker and affinity markets in delivering exceptional solutions for their customers.”

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