Lloyd’s of London and Markel International, the specialty property and casualty insurer, this week took London to Italy when they embarked on a series of Italian roadshows, introducing Italian producers to the opportunities that lie in the Lloyd’s Franchise and at Markel.
Held in Milan and Rome over two consecutive days, the attendance levels were indicative of the market appetite with over 150 Italian producers attending, plus nine large London market brokers exhibiting.
Enrico Bertagna, the Lloyd’s representative in Italy said of the roadshow: “Lloyd’s offers a unique vehicle for underwriting risk world wide. Markel’s plans in Italy show just how valuable this franchise can be”.
Gerry Albanese, President and COO of Markel International said: “Our experience in Italy has confirmed to us that the Lloyd's franchise is extensively well regarded. Our Italian portfolio represents a very valuable and significant part of our book, and we wish to build upon the success that we have enjoyed to date by supporting our London brokers efforts in creating new business opportunities from Italian producers.”
Ends
For further information:
Derah McCall
Markel International
+44 (0) 20 7953 6732
Notes to editors:
1. Markel International Limited is a specialty property and casualty insurer. Based in London and comprising the international operations of Markel Corporation, it wrote gross premiums in 2004 of $ 746 million. It has five operating divisions writing business either through Markel Syndicate 3000 or Markel International Insurance Company Limited.