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MRS Defined

Markel Risk Solutions--What is it?

Markel Risk Solutions (MRS) is a commercial lines underwriting facility for select retail agents on a preferred territorial basis. We seek business that deserves an admitted solution but which is having difficulty remaining in the standard marketplace due to class issues, odd combination of exposures, loss problems, etc. We call this “gray market” business.

Our opportunities may come from more difficult business, but will also arise from essentially standard risks that fall just outside the guidelines of a particular conventional market. Markel Risk Solutions (MRS) is driven by an account underwriting philosophy rather than by class of business. We evaluate each account submission based on its own individual characteristics.

Markel Risk Solutions (MRS) competes on the basis of flexibility, responsiveness, and problem solving. We are an underwriting driven entity, maintaining sound underwriting discipline in both risk selection and pricing, while offering innovative solutions and alternatives.

To protect the value of our franchise, MRS deals only with carefully selected agency partners. MRS is not an open brokerage facility.

MRS underwrites primarily on an account basis rather than a program basis. We are very open, however, to opportunities involving homogeneous blocks of business (we call them HBBs) subject to individual account selection, underwriting and pricing.

We believe that profitability is the result of professional and consistent underwriting on the part of both the agent and the company. By sharing our success we will build long-term and substantial relationships with our producers.

MRS is a division of Markel Insurance Company, a leader in admitted specialty programs nationwide.

 



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