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Markel (MKL-NYSE) (www.markelcorp.com) is a diverse financial holding company serving a variety of niche markets. Our principal business markets and underwrites specialty insurance products. In each of our businesses, we seek to provide quality products and excellent customer service so that we can be a market leader. Our financial goals are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value.
To reach our financial and operational goals, we must have extensive knowledge and expertise in our chosen markets. By focusing on the distinctive risk characteristics of our insureds, we have been able to identify a variety of niche markets where we can add value with our specialty product offerings. Examples of niche markets that we have targeted include: wind and earthquake exposed commercial properties, liability coverage for highly specialized professionals, horse mortality and other horse related risks, personal watercrafts, high-valued motorcycles, aviation and energy related activities. Our market strategy in each of these areas of specialization is tailored to the unique nature of the risk, coverage and services required by insureds. In each of our niche markets, we assign teams of experienced underwriters and claims specialists who can provide a full range of insurance services.
By focusing on market niches where we have underwriting expertise, we seek to earn consistent underwriting profits. Underwriting profits are a key component of our strategy. We believe that the ability to achieve consistent underwriting profits demonstrates knowledge and expertise, commitment to superior customer service and the ability to manage insurance risk.
Markel Personal Lines is a division of Markel Corporation focused on personal lines insurance. We specialize in motorcycle, watercraft, property and other unique insurance products. By focusing on often under-served markets, we are able to provide unique coverage to groups of customers that need more than than may receive from a traditional insurer.
Incorporated in 1987, Markel Personal Lines is an admitted carrier licensed in 50 states and the District of Columbia. Located in Pewaukee, WI, we are a division of Markel Corporation.
Our Experience
As part of Markel Corporation, Markel Personal Lines offers long-term financial strength and stability. We consistently price and underwrite our programs to provide value to our customers while maintaining the financial security they need. This consistent approach promotes long-term availability and stability in products.
Our Expertise
At Markel, we pride ourselves on having staff with a broad base of knowledge in the niche insurance markets we serve. We are avid motorcycle, ATV and boat enthusiasts. When it comes to claims, we believe our customers benefit when our claims professionals have hands-on experience. That's why one of our claims associates is certified Restoration Tech specializing in the restoration of vintage motorcycles, and others come from dealership or marina backgrounds. Our focus on product knowledge allows us to provide claims service that is unsurpassed in the industry.
At Markel, our philosophy of doing business is simple: we want to be fair and respectful to our fellow associates, producers and customers. We appreciate our business partners and strive for long-term, mutually profitable relationships. We strive to continually enhance our products and our service so that our customers remain with us as long as they have the need for our specialty insurance products. At Markel, we do our utmost to treat our customers and partners well and let them know how important they are to us. When in need of specialty personal lines or recreational commercial marine coverage, look to Markel.