Markel International launches new chemical, oil & gas related energy property offering for small to midsize US-domiciled businesses
PR Newswire•08/10/2026•02:30 ET
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Key Highlights
- ➤Markel Insurance launches CORE property offering for small to midsize US energy businesses
- ➤CORE provides property damage, business interruption and selected equipment breakdown coverage
- ➤Natural catastrophe limits reach US$50 million on primary and excess-of-loss bases
- ➤Candice Walker appointed Head of First-Party Energy
- ➤Michael McClain appointed Senior Underwriter – Energy
Expert Statements
Candice Walker, Head of First-Party Energy at Markel Insurance
“Energy businesses are navigating a complex risk landscape, driven by increasing natural catastrophe events, operational disruptions and a challenging economic environment. Our new product offering provides US-based brokers and clients with a tailored solution, designed around their evolving risk exposures, while offering greater access to Markel's specialist underwriting, claims and engineering expertise through a long-term, committed partner.”
Candice Walker, Head of First-Party Energy at Markel Insurance
“We're delighted to welcome Michael to our First-Party Energy team here in the US. With his impressive engineering background, operations experience and strong track record in managing multimillion energy infrastructure projects, he'll bring valuable technical insight to our underwriting.”
Candice Walker, Head of First-Party Energy at Markel Insurance
“I look forward to working closely with Michael so that we can continue providing an unrivalled service for our brokers, clients and trading partners, while we position ourselves for long-term profitable growth.”
Markel International launches new chemical, oil & gas related energy property offering for small to midsize US-domiciled businesses PR Newswire
LONDON, Oct. 8, 2026 /PRNewswire/ -- Markel Insurance, the insurance operation within Markel Group Inc. (NYSE:MKL), has announced the launch of its Chemical, Oil & Gas related Energy Property (CORE) offering, and the appointment of Candice Walker to Head of First-Party Energy and Michael McClain as Senior Underwriter – Energy.
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