RICHMOND, Va., May 19, 2021 /PRNewswire/ -- Markel
Corporation (NYSE: MKL) announced today that Kelly Castriotta
has been appointed Managing Director, Global Cyber Underwriting
Executive, effective May 17. In her
new role, Kelly will work across the organization leading the
global underwriting strategy for affirmative cyber products as well
as cyber risks impacting various lines of business for Markel.
Castriotta joined Markel in 2020 to help strengthen cyber
underwriting best practices and lead various non-affirmative cyber
initiatives at Markel. She replaces Kara
Owens, who decided to leave Markel.
"The current environment dictates the need for a highly
technical leader who is energetic, agile, and deliberate," said
Robin Russo, Executive Vice
President and Chief Underwriting Officer. "Kelly is a collaborative
leader with fluency across disciplines and product lines and proven
expertise in completing aspirational initiatives within complex
global organizations."
"Kara pioneered this role for Markel in 2018 and accomplished so
much during her three years working with our team. We truly
appreciate her contributions," Russo added.
Castriotta has a multifaceted background spanning more than 15
years in underwriting, products, operations, claims, and
litigation. Before joining Markel, Kelly held senior positions at
Allianz Global Corporate & Specialty's North American
operations as Head of Product Development for Financial Lines and
the Head of Cyber, Tech, & Media Underwriting. In 2018, she led
one of the industry's first implementations of "silent cyber"
solutions by creating new products, training tools, and operational
roadmaps for all internal disciplines as well as external trading
partners.
Castriotta will report to Russo and is based out of
Chicago.
About Markel
Markel Corporation is a diverse
financial holding company serving a variety of niche markets. The
company's principal business markets and underwrites specialty
insurance products. In each of the Company's businesses, it seeks
to provide quality products and excellent customer service so that
it can be a market leader. The financial goals of the company are
to earn consistent underwriting and operating profits and superior
investment returns to build shareholder
value. Markel® is a registered trademark of the
Markel Corporation. Visit Markel on the web at markel.com.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/markel-promotes-kelly-castriotta-to-managing-director-global-cyber-underwriting-executive-301295384.html
SOURCE Markel Corporation