June 7, 2017 / 6:05 PM / 3 months ago

BRIEF-Markel to create new insurance division

June 7 (Reuters) - Markel Corp:

* Markel to create new insurance division

* New division is expected to be up and running by January 1, 2018

* Bryan Sanders, President of Markel Wholesale, will lead new division, which will be named Markel Assurance​

* Creation of new insurance division combines Markel's Wholesale and Global Insurance Divisions​

* Markel assurance will have underwriting teams located across US, and in Bermuda, Dublin, and London

* Britt Glisson, President of Markel Global Insurance, will assist in transition and will be retiring in 2018.

* Gross written premium of combined division is approximately $1.8 billion​ Source text for Eikon: Further company coverage:

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