Markel Group Inc. (NYSE: MKL) is a diversified holding company focused primarily on specialty insurance and investments. Through its insurance operations, the company provides coverage for risks that may be complex, specialized or underserved by standard insurance markets, including commercial, professional liability, marine, casualty and other specialty lines.
Markel’s insurance business operates through a network of underwriting platforms and subsidiaries serving businesses and individuals in the United States and international markets, including the United Kingdom, Europe, Canada and other regions. Its operations include both specialty insurance and reinsurance, with products distributed through brokers and other insurance intermediaries.
The company also owns Markel Ventures, a collection of industrial and service businesses operating in areas such as transportation equipment, building products, consumer products, healthcare and business services. Markel Group additionally manages an investment portfolio, applying a long-term ownership approach across its insurance and operating businesses. The company traces its history to 1930, when it was founded as a specialty insurer, and is headquartered in Richmond, Virginia.
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