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Markel Corporation announces the appointment of the next President of Markel Re
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05/07/2004
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Markel Corporation announces the appointment of J. Ruffin Branham Jr. as President of Markel Re
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Ruffin will join Markel Re as President and COO as of the 1st July 2004. He joins from Palmer & Cay, headquartered in Georgia, United States.
Ruffin is a 35 year veteran of the industry. He began his career with Aetna C&S, and held leadership roles at Johnson & Higgins for 24 years. Tony Markel, President and Chief Operating Officer of Markel Corporation, commented on Ruffin’s appointment: "For the last six months, since John Latham agreed to become Markel’s new CIO, we have been looking for the right leader to build on what John and his outstanding staff have started. Unwilling to compromise, we took our time and in Ruffin we have found the right combination of experience, technical expertise, leadership, demeanor, and approach that is absolutely compatible with the Markel Style."
Markel Re, based in the US, offers casualty facultative reinsurance support for qualified primary insurance companies. It also writes direct Excess and Umbrella business through a network of appointed wholesalers.
Specialised Markel Alternative Risk Transfer (SMART) is the division within Markel Re that produces and underwrites alternative market business. Within the alternative market arena, SMART targets its marketing and underwriting efforts to leverage insurance and reinsurance products on books of business using non-traditional distribution channels, alternative risk financing mechanisms, and bundled or unbundled claims services.
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