Markel International hires former CNA exec as strategic claims lead

Specialist insurer  Markel International has hired a strategic claims lead to spearhead further growth across its wholesale division.

Stephen Reilly (pictured) brings over 28 years of insurance industry experience to Markel, majority of which was spent at law firms in the UK and Australia, and the rest at company and Lloyd’s markets.

Reilly will be responsible for driving oversight of high value, complex, and disputed claims matters, identifying and reporting on claims trends – including horizon scanning and systemic risk – as well as key legal developments.

He will also provide technical expertise to the development of wordings in conjunction with the underwriting and wordings teams.

Before joining Markel, Reilly worked at Beale & Company Solicitors as a partner for nearly seven years. Prior to that, he was a claims manager for CNA, where he worked with the latter’s underwriters to develop product offerings and manage a number of CNA’s business classes, including technology, cyber, financial institutions, directors’ and officers’ (D&O), crime, professional indemnity claims and coverage.

Chris O’ Shea, wholesale claims director at Markel International, said: “We’re extremely pleased to have an individual of Stephen’s calibre joining the team, to further build on the excellent claims service that we provide to our customers.”

“Stephen’s legal expertise, coupled with his extensive experience at London Market insurers, will provide a vital link in our oversight and strategy of complex claims matters, as well as ensuring that we continue providing our expert underwriting functions with technical input for continued product development in an ever-changing and highly complex landscape.”

Reilly commented: “I am delighted to be joining Markel International as its strategic claims lead. In this role, I am looking forward to identifying opportunities for further enhancement of the claims and underwriting experience provided to Markel’s insureds and brokers, so that we can continue delivering an unrivalled service to our clients.”

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