Markel (MKL) opened a new branch in Paris so to serve small and medium-sized enterprises (SMEs) in the French market. Markel has been focusing for a while now on further expanding and scaling their global footprint in key specialty insurance markets. The company will partner with a regional network of independent brokers in order to offer tailored products to French SMEs. These are: Cyber Risk, Professional Indemnity, and Directors and Officers Liability.
The Paris office will be led by Country Manager, Franziska Geier, and Underwriting Director, Laura Tinturier. Geier and Tinturier plans to drive growth by leveraging local broker relationships and simplifying liability insurance for SMEs with easy-to-understand wordings and streamlined documents, processes, and website.