Markel swoops on Chubb for global professional liability executive underwriting officer

Markel Corporation has appointed James Proferes as executive underwriting officer for global professional liability.

Proferes comes to Markel from Chubb where he worked for 29 years and held several executive leadership positions in the professional lines markets.

In his new role, Proferes will work closely with Markel's insurance and reinsurance divisions on initiatives and issues including systemic risks, growth opportunities, portfolio optimisation, and overall results.

Robin Russo, executive vice president and chief underwriting officer, said: "We are pleased to welcome Jim to Markel. His extensive international insurance experience and strong broker relationships will complement our existing teams well. We are confident that Jim's global professional lines expertise will be a tremendous asset for creating new professional liability opportunities for both Markel and our brokers."

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