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Fallon will retire in January 2026 after 30 years at the company. -
Coverage has broadened while limits have increased, the broker said.
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The company has also promoted Alex Baker and Tim Duffin.
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A deep-dive analysis shows LitFin is not the boogeyman this industry paints it out to be.
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Major insurance industry groups and companies have recently pressed lawmakers to include the provision.
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Markel is simplifying its structure from six US wholesale and two US retail regions to four integrated US regions.
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This is up from last year’s $1bn protection for its Florida treaty.
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The pair joined MMA after the $7.75bn purchase of McGriff in November.
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Holschneider co-founded the firm and is currently executive chairman.
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The executive was formerly head of cyber solutions, North America.
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The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
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An active hurricane season threatens to weigh on hard-fought capital and underwriting margins.
