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This appointment will play a key role in supporting Markel’s long-term growth plans and ambitions of becoming a market-leader in its chosen niches and sectors.
Published on February 23, 2023
Markel International, London
Markel International has named Paul Hutchins as a senior underwriter for its warranty and indemnity (W&I) underwriting team. This appointment will play a key role in supporting Markel’s long-term growth plans and ambitions of becoming a market-leader in its chosen niches and sectors.
Reporting to Bryan Dressler, head of W&I at Markel International, Hutchins will bring considerable experience in underwriting performance, workflow optimisation, and local law specialisms to his role, which will allow the W&I 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, ensuring that a high level of service and solution-oriented focus continues to be delivered to brokers and their clients, including corporate lawyers, private equity funds, and corporates engaging in M&A.
Previously, Hutchins 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.
Speaking of his new hire, Dressler commented: “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.”
He concluded: “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.”
About Markel International:
Markel International is a division of Markel Group Inc, a US-based holding company trading on the New York Stock Exchange (NYSE: MKL). Markel International writes insurance and reinsurance business through six divisions and through offices across the UK, Europe, Canada, Latin America and Asia Pacific. Markel International’s insuring entities include Syndicate 3000, Markel International Insurance Company Limited, Markel Insurance SE., and Markel Resseguradora do Brasil S.A. Its UK national markets business also provides legal and professional fees insurance cover as well as legal and tax consultancy services.