19 November 2020Insurance

Markel bolsters board of directors with EY's Besca

Specialty insurer Markel Corporation has appointed longtime EY executive Mark Besca to its board of directors.

Besca will be a member of the board's audit committee.

He serves as a consultant to EY (Ernst & Young) having retired from EY in June 2020 after a 42-year career with the multinational professional services firm.

Besca served as the leader of EY's Long-Term Value and Stakeholder Capitalism initiative from 2018 until his retirement. From 2012 to 2018, he served as managing partner of EY's New York office. From 2009 to 2011, he served as Northeast managing partner of the assurance and advisory business. In addition, from 1992 until his retirement, Besca served as lead and senior advisory audit partner of Fortune 500 companies in the media and entertainment, consumer products and airline industries.

Steve Markel, chairman of the board at Markel, said: "Mark brings a broad array of skills and expertise to our Board from his many years of advising major corporations across a number of industries. We're excited to have him joining our board and look forward to his insights and contributions."

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