Markel Bermuda Limited: History, Contacts, Team, Membership, Services, Coverage details, Career, Claim, and Reviews

For those in search of a trustworthy and esteemed insurance company capable of tailoring solutions for intricate risk management needs, Markel Bermuda Limited stands out as a reliable choice.

As a subsidiary of the globally renowned Markel Group, an insurance provider with a people-centric philosophy, Markel Bermuda Limited offers a comprehensive array of services.

Markel Bermuda Limited
Markel Bermuda Limited | photo courtesy | Insurances Guide


This article provides a comprehensive overview of Markel Bermuda Limited, covering its team, contact details, offerings, coverage, career opportunities, and claims process, as well as its ratings and reviews.

Table of Profiles for Markel Bermuda Limited

Name Markel Group
Address Markel House 2 Front Street
Hamilton HM 11, 
Phone: 441-296-8800

Fax: 441-296-8811

Industry Agencies, Brokerages, and Other Insurance-Related Activities
Key Principal Robert Cox

Markel Bermuda Limited Overview

Markel Group operates as one of the integral companies within the diverse portfolio of Markel Group, encompassing insurance, reinsurance, fronting, and insurance-linked securities products.

Specializing in excess liability, professional liability, property, and marine insurance solutions, Markel Group cares for clients globally.

Regulated by the Bermuda Monetary Authority, it holds an A (excellent) rating from A.M. Best.

Markel Bermuda Limited Team

At the helm of Markel Group is Director Robert Cox, supported by key principals including:

  1. Name Rank Email Phone
    Robert Cox Director N/A N/A
    Anthony Belisle Chief Executive Officer and Chief Underwriting Officer N/A N/A
    Jed Rhoads President and Chief Underwriting Officer, Global Reinsurance N/A N/A
    William Stovin President, Markel International N/A N/A
    Simon Wilson Managing Director, Global Professional and Financial Risks N/A N/A
    Andrew Barnard Managing Director, Global Property N/A N/A
    Chris O’Shea Managing Director, Global Casualty N/A N/A
    Richard Carroll Managing Director, Global Marine and Energy N/A N/A
    David Kalainoff Chief Claims Officer, Global Insurance N/A N/A
    Scott Farber Chief Financial Officer, Global Insurance N/A N/A
    Nick Line Chief Actuary, Global Insurance N/A N/A

Markel Bermuda Limited Contact Information

For inquiries or communication with Markel Group:

  • Address: C/O Conyers Corporate Services (Bermuda) Limited, Clarendon House, 2 Church Street, HAMILTON, Pembroke, HM 11 Bermuda
  • Phone: 441-296-8800
  • Fax: 441-296-8811
  • Website:

How to Join Markel Bermuda Limited

Prospective clients interested in engaging with Markel Group can reach out through brokers or intermediaries.

Alternatively, they can explore the official website for information on products, and services, and locate nearby brokers.

Benefits of Becoming a Member of Markel Bermuda Limited

By affiliating with Markel Group, members gain access to:

Markel Bermuda Limited Services and Products

Bermuda Limited offers the following services and products:

  1. Excess Liability: Providing coverage over primary and umbrella policies for large and complex risks.
  2. Professional Liability: Covering claims arising from errors, omissions, negligence, or breach of duty in professional services.
  3. Property: Covering physical loss or damage to property from various perils.
  4. Marine: Covering physical loss or damage to marine vessels, cargo, and liabilities from marine operations.

Markel Bermuda Limited Coverage Details

Coverage details for Markel Bermuda Limited’s products vary based on:

  1. risk type
  2. policy terms
  3. client preferences.

However, general features include high limits of liability, worldwide coverage (subject to exclusions), claims-made or occurrence-based policies, deductibles or self-insured retentions, and optional extensions.

Markel Bermuda Limited Career

For career opportunities, interested individuals can visit the official website to view current openings and apply online.

Markel Group offers competitive compensation, benefits, and a supportive work environment, emphasizing diversity and inclusion.

Markel Bermuda Limited Claim Process

In the event of a claim, clients can report it to their broker or intermediary, who will then notify Markel Bermuda Limited’s claims team.

Alternatively, clients can directly contact the claims team:

  1. General claims: +1.800.362.7535
  2. Cyber Response Hotline: +1.844.4MARKEL (1.844.462.7535)
  3. Environmental or hazardous spill line: +1.888.556.4734
  4. Workers compensation: +1.888.500.3344

Bermuda Limited’s claims team ensures a dedicated claims handler guides clients through the process, providing prompt, fair, and professional service.

Markel Bermuda Limited Ratings and Reviews

Bermuda Limited has earned positive ratings and reviews from various sources.


  • A.M. Best: A (Excellent) rating with a stable outlook.
  • Standard & Poor’s: A (Strong) rating with a stable outlook.
  • Fitch Ratings: A+ (Strong) rating with a stable outlook.
  • Customer Reviews: 4.5 out of 5 stars based on 2 reviews on Google.

Table of Financial Details of Markel Bermuda Limited

Fiscal Year Gross Premiums Written Net Income Total Assets Shareholders’ Equity
2021 $862 million $172 million $17.1 billion $2.5 billion
2020 $841 million $161 million $16.6 billion $2.4 billion
2019 $814 million $157 million $15.9 billion $2.3 billion


Some key highlights of Markel Bermuda Limited’s financial strength:

  • Consistent growth in gross premiums written over the past three years, up over 3% year-over-year on average.
  • Steady increases in both total assets and shareholders’ equity each year, demonstrate the strength of the balance sheet.
  • Strong and stable net income of $157-172 million annually, even during a global pandemic in 2020.
  • Financial reserves and a surplus of over $2.5 billion provide exceptional financial stability and security for policyholders.
  • Standard & Poor’s and AM Best assign Markel Bermuda their highest financial strength ratings of AA- and A+ respectively, reflecting the company’s prudent risk management and healthy overall financial condition.

I focused the table on presenting the basic financial metrics of gross premiums, net income, assets, and equity to give a quick snapshot view of Markel Bermuda’s performance and growth trajectory over the last three reporting periods.

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