Markel Corporation announced the following additional leadership appointments, effective immediately: Michael R. Heaton, President, Markel Ventures, will assume the newly created role of Executive Vice President of Markel, with managerial responsibility over holding company functions; Andrew G. Crowley, Executive Vice President, Markel Ventures, will succeed Mr. Heaton as President, Markel Ventures.
Markel Group Inc., formerly Markel Corporation, is engaged in providing insurance for bakery equipment, building supplies, and more. The Company's three-engine system includes insurance, investments, and Markel Ventures. The Company operates the Markel Specialty, Markel International, and Global Reinsurance divisions, as well as State National, a portfolio protection and program services company, and Nephila, an insurance-linked securities investment manager. It manages its fixed-income investments to match the size and duration of its expected future insurance claims while producing interest income. Its Markel Ventures companies include Brahmin, Buckner Heavylift Cranes, CapTech, Costa Farms, Cottrell, Eagle, Ellicott Dredges, Havco, Lansing Building Products, Panel Specialists, Markel Food Group, Metromont, ParkLand Ventures, PartnerMD, RetailData, Rosemont Investment Group, VSC Fire & Security, and Weldship.