What does Markel's Perth office specialize in?

Markel focuses on Professional and Financial Risks (PFR), including D&O, cyber, and financial lines, with extra mining and resources expertise.

Why is Markel expanding in Australia now?

Booming resources sector in WA, underserved market, and push for local underwriting to drive profitable growth amid commodity volatility.

Likely firmer premiums in PFR lines due to specialist coverage, but faster service for brokers and clients.

🛡️ InsurTech

Perth's skyline just got a new tenant: Markel Insurance. They're hiring local pros to tap Western Australia's mining goldmine — but does it pay off?

Fintech Dose Apr 11, 2026 4 min read

Markel opens Perth office with senior underwriters Jerome Steyn and Pierre Dagnee, targeting WA's mining sector. 𝕏
Expansion boosts PFR capabilities across four Australian locations, emphasizing local expertise for brokers. 𝕏
Strategic bet on resources boom could drive 20% premium growth by 2025, mirroring past insurer successes. 𝕏

Published by

Markets. Money. Innovation.

#Australia expansion #Markel Insurance #Perth office #mining insurance

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Originally reported by Insurance Journal