Markel Announces IT and Operational Enhancements

Markel, a specialty insurer, has made several key announcements in recent days. The company has successfully migrated its Guidewire ClaimCenter to the cloud, streamlining its claims and IT operations.

This migration is part of a broader effort to modernize its systems and improve efficiency. Key details of the migration include:

  • Successful transition of ClaimCenter to the cloud
  • Simplification of claims and IT operations

In addition to the ClaimCenter migration, Markel is planning to migrate its Guidewire BillingCenter to the cloud. The company has also selected Guidewire ClaimCenter for its International Wholesale operation.

Separately, Markel has announced a reorganization of its US professional liability portfolio. Key details of the reorganization include:

  • Streamlining of products into four separate pillars
  • Enhanced focus on serving clients’ needs

This reorganization aims to better serve Markel’s clients by providing more targeted and effective products.