Markel Insurance, the insurance operation within Markel Group Inc, has appointed Josephine Stroud as Head of Energy Liability and Jenny McFarlane as Senior Underwriter for Marine & Energy Liability. The pair will be based in London and report to the Marine & Energy Liability team, part of the Marine Transportation business, led by Grant Smith.
The two appointments follow the establishment of Markel’s new Marine Transportation business within its London Market operations. The new team combines Hull & Hull War, MECO, Marine & Energy Liabilities (M&E), and Transport & Logistics.
Stroud will underwrite multi-line, cross-class facilities, working alongside Rhys O’Neill, Head of Marine Liability, across the Marine & Energy Liability portfolio.
Stroud has more than 18 years’ experience in liability broking and underwriting, working most at AXA XL, where she was responsible for underwriting, risk assessment and pricing for clients operating across the oil and gas sector and the energy transition.
McFarlane’s remit will include supporting the strategic development and continued evolution of the Marine & Energy Liability product offering. She will help develop new wordings, drive broker engagement, and identify growth opportunities. McFarlane joins from Tokio Marine HCC International, bringing more than eight years’ experience in Marine & Energy Liability.
Smith said that he was “delighted to welcome Josephine and Jenny to our growing Marine & Energy Liability team. They bring strong expertise and enthusiasm for portfolio management, underwriting, data analysis, claims service and client relationship management.