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Markel Launches New Insurance Offering for Small, Midsize US Energy Firms

Markel Launches New Insurance Offering for Small, Midsize US Energy Firms

MT newswireMT newswire2026/10/08 08:15

04:15 AM EDT, 10/08/2026 (MT Newswires) -- Markel Group (MKL) has launched a new insurance offering, Chemical, Oil & Gas related Energy Property, for small to midsize US businesses across a range of energy sectors, the company said Thursday. The offering provides coverage for property damage, business interruption and, for selected risks, equipment breakdown, the specialty insurer said in a statement. Clients will be able to secure up to $50 million in coverage for natural catastrophe exposures, on both a primary and excess-of-loss basis, it added. The company has appointed Candice Walker, who has over 20 years of experience in property insurance, as Head of First-Party Energy to lead the development of the new offering.

04:15 AM EDT, 10/08/2026 (MT Newswires) -- Markel Group (MKL) has launched a new insurance offering, Chemical, Oil & Gas related Energy Property, for small to midsize US businesses across a range of energy sectors, the company said Thursday. The offering provides coverage for property damage, business interruption and, for selected risks, equipment breakdown, the specialty insurer said in a statement. Clients will be able to secure up to $50 million in coverage for natural catastrophe exposures, on both a primary and excess-of-loss basis, it added. The company has appointed Candice Walker, who has over 20 years of experience in property insurance, as Head of First-Party Energy to lead the development of the new offering.
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