Markel International, the specialist insurer and subsidiary of Markel Corp., is launching its trade credit and political risk business in Canada. Markel Canada will handle underwriting for this on Lloyd’s Syndicate 3000 paper.

Markel Canada, established in 1966, with offices in Toronto, Montreal, Calgary and Vancouver, will develop business opportunities through its network of Canadian brokers in close cooperation with its specialized trade credit and political risk underwriters in London and New York, the company said in a statement.

The company said this move reflects the “successful development of Markel’s trade credit and political risk business expansion in New York, headed by Phil Amlot and supported by the appointments last year of Arjan van de Wall, business development director, and Howard Lee, senior underwriter.”

Ewa Rose, managing director of Markel’s trade credit, political risk and surety division, said: “We have strong links to the Canadian broking community, and we are now able to meet the local needs of national and multinational clients. We will work closely with our broker partners to offer their clients the full range of our trade credit and political risk solutions with the security of a Lloyd’s policy.”

Source: Markel