Markel names Christian Stobbs as chief strategy officer

Markel Insurance, the insurance operations within Markel Group Inc. (NYSE: MKL), appointed Christian Stobbs as Chief Strategy and Corporate Development Officer, the company announced.

Stobbs will be based in the US and report directly to Simon Wilson, Chief Executive Officer of Markel Insurance. In his new role, Stobbs will identify and advance strategic growth opportunities across Markel's insurance operations.

Stobbs joined Markel in 2015 as Strategy and Development Executive, where he established the strategy function for Markel International. In 2016, he was appointed Managing Director for Abbey Tax, now Markel Tax, and developed the strategy to help create the UK's dedicated tax fee protection insurer.

In 2019, Stobbs was named Managing Director for Asia Pacific. Under his leadership, the region achieved significant expansion as part of Markel's Accelerate Asia Pacific strategy. Since 2019, gross written premiums increased by approximately 600%, underwriting profitability improved, and the number of employees in the region nearly tripled.

Sucheng Chang was appointed as Managing Director for Asia Pacific, effective July 14.

"I'm confident that Christian's proven leadership successes and his more than 17 years of insurance and financial services industry experience will unlock even greater opportunities to help Markel Insurance to win," Wilson said.

The information is based on a press release statement from the company.

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