Markel enters stop loss in partnership with Ambac’s Xchange benefits
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Markel enters stop loss in partnership with Ambac’s Xchange benefits

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Markel has signed a program management agreement with managing general underwriter Xchange Benefits to underwrite medical stop loss coverage on behalf of a Markel insurance affiliate.

The move marks Markel’s entry into the stop loss segment, whose growth AM Best put at 10% a year in each of the past four years surpassing $25bn in 2020.

Jeff

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