Markel hires ANV senior underwriter; looks to become top niche player
Specialist insurer Markel International, a subsidiary of Markel Corporation, has brought in a senior underwriter from the market to play a key role in supporting its growth plans to become a “market leader” in chosen niches and sectors.
Paul Hutchins (pictured) joins the business as a senior underwriter for Markel’s warranty and indemnity (W&I) underwriting team.
His appointment will allow the team to make more informed decisions with pace for SME transactions up to £/€300m, in the UK and European Economic Area (EEA). Hutchins will also help manage broker relationships, with improved service and solution-oriented focus to brokers and their clients, including corporate lawyers, private equity funds, and corporates engaging in M&A.
Hutchins has over 10 years of W&I experience. Previously, he worked at ANV Global Services for more than eight years; starting as a M&A underwriter before his promotion to senior M&A underwriter. During this time, he played a crucial role in establishing and growing the UK arm of the business, while supporting junior members with their professional development. Some of Hutchin’s other achievements include developing a rating model for W&I alongside actuaries and assisting with the development of an SME specific product, before rolling it out to the UK, as well as various European jurisdictions.
Bryan Dressler, head of W&I at Markel International, said: “We are delighted to welcome Paul to the W&I team. His deep market insights earned over almost 10 years of W&I underwriting experience are hard to rival and will complement the specialist skillsets of the team. Paul is well-positioned to capitalise on all the resources Markel has to offer as one of the leading company markets dedicated to the W&I SME space in the UK and Europe.
“Paul will not only help shape our tailored underwriting model, but also make sure it runs seamlessly, so we can continue delivering an exceptional service and maintain a holistic approach for insuring SME W&I risks in the UK and the EEA.”
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