Henrico County-based Markel Corp. will create a new insurance division, which will combine its wholesale (excess and surplus lines) and global insurance (complex, risk-managed accounts) divisions.
Bryan Sanders, president of Markel Wholesale, will lead the new division, which will be named Markel Assurance.
Britt Glisson, president of Markel Global Insurance, will assist in the transition and will retire next year.
Markel Assurance will have underwriting teams in the U.S, Bermuda, Dublin and London.
