Markel Corporation is pleased to announce the appointment of Steve Cullen as president and chief operating officer of its new business unit, Markel Global Marine & Energy, which will specialise in marine and energy coverages worldwide.
 
Cullen is uniquely qualified to guide Markel’s initiative, bringing to his new position over 30 years experience in marine and energy operations. Most recently, Cullen was president and global product line leader of the Marine and Offshore Energy Division of XL Insurance. He began his career with United States Lines Steamship Co. in 1972. Cullen later joined Norton Lilly & Co. in New York as Port Captain for Bermuda Express Lines, then launched his insurance career in 1976 with American Marine Insurance Group (AMIG). Cullen graduated with a B.S. degree in 1972 from Maine Maritime Academy. He graduated as a licensed deck officer and, subsequently, as a lieutenant in the United States Naval Reserve.
 
Markel Corporation President and Chief Operating Officer Tony Markel said of Cullen, “We are extremely excited to announce the addition of an experienced talent like Steve to our team. The creation of a new U.S. marine and energy presence, coupled with our existing marine and energy operations in London and Richmond, Virginia, is strong evidence of our commitment to the global marine and energy market, and our enthusiasm for its potential for long-term growth and profitability.”
 
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For further information:
Derah McCall, Markel International, 020 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 through Markel International Insurance Company Limited.
2. Markel Corporation markets and underwrites specialty insurance products and programs to a variety of niche markets. In each of these markets, the Company seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting profits and superior investment returns to build shareholder value. Markel Corporation celebrates its Diamond Anniversary in 2005; over 75 years we've firmly established the Markel Style and our commitment to success.