Markel Group has appointed Alisha Everett as assistant vice president and Nicholas Doy as manager of its Canadian Contractors, Trades and Construction Services unit, aiming to strengthen underwriting and accelerate profitable growth. The company also named Danny O'Donoghue to head its fine art unit in London, citing rising asset values and high-profile thefts as new risks for galleries, private collectors, and jewelers. These moves come as Markel seeks to improve its core insurance business while repurchasing 10% of its shares in under five years.
Markel CorporationMarkel announced a 10% stock buyback plan, which is a capital allocation move positive for shareholders.