This move marks Markel's first diversification into marine insurance in Australia since its local inception two years ago. The company aims to address the growing demand for specialized marine coverage, leveraging Wills' extensive experience in the sector.
Prior to joining Markel, Wills held significant roles at Tokio Marine Kiln, Chubb, and QBE, bringing a wealth of knowledge and expertise to his new position.
Rory Morison, Managing Director of Markel Australia, highlighted the importance of this expansion, emphasizing the company's commitment to placing empowered specialty underwriters on the ground to serve the unique needs of Australian customers.
For Australian boat owners and marine businesses, this development offers additional options for comprehensive and tailored insurance solutions, reflecting the dynamic nature of the marine insurance landscape.
