Markel Corporation has announced that vice chairman F. Michael Crowley will retire by the end of this year, December 31, 2017.
For a period that spans until the end of 2018, Crowley will transition his duties and responsibilities, as well as his key relationships with producers and clients, to designated employees of the company, a release said.
Crowley has agreed to serve as a consultant to Markel starting sometime in 2019.
“Markel is so fortunate to have benefited from Mike’s industry knowledge, managerial experience, and relationships throughout the insurance industry,” commented Markel executive chairman and chairman of the board Alan I. Kirshner. “He truly has contributed much to Markel’s success. We wish him the best in his retirement.”
As vice chairman, Crowley oversees the sales and marketing, producer, and client relationships and distribution strategy of the company. He was previously the president and co-COO of Markel from May 2010 to December 2015. Crowley joined Markel in February 2009 as president of Markel Specialty – a role he served until April 2010.
Prior to joining Markel, Crowley was president of Willis/HRH North America and had also served as president and COO of Hilb, Rogal & Hobbs. He began his career in insurance in 1974 with Johnson & Higgins. Crowley later joined privately owned insurance broker Palmer and Cay in 1991, where he served as president and COO before being named vice chairman.
Related stories:
Markel brings fintech insurance policy to Singapore
Markel sheds light on expected disaster losses
