Innsbrook-Based Specialty Insurer Goes Dutch

Markel is going Dutch. According to a report from Insurance Journal, the Innsbrook-based specialty insurer’s international arm is preparing to open an office in Rotterdam, Netherlands. It will be Markel’s first office in that nation. The move marks further expansion of Markel International’s operations that have spread across Europe and Asia over the last year. In April […]

Markel is going Dutch. According to a report from Insurance Journal, the Innsbrook-based specialty insurer’s international arm is preparing to open an office in Rotterdam, Netherlands. It will be Markel’s first office in that nation.

The move marks further expansion of Markel International’s operations that have spread across Europe and Asia over the last year.

In April it opened an office in Beijing, China. In May Markel International acquired another insurance firm in Stockholm, Sweden. It opened a Hong Kong office last November and expanded into horse and livestock insurance by buying firms in France and Bermuda late last summer.

Markel also has offices in Spain, Singapore and the United Kingdom.

According to the Insurance Journal report, the new Rotterdam operation will be called Markel International Netherlands. It will be manned by 21 employees who will focus on indemnity insurance, directors and officers insurance and engineering insurance.

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Michael Schwartz

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