Markel buys Galleon MGA

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Markel International has bought London MGA, Galleon, for an undisclosed sum.

The MGS specialises in marine professional indemnity and cargo liability business.

Markel advised that Galleon, which was founded in 2010, underwrites on Lloyd's paper as an approved coverholder and has a client base of ship managers, surveyors, consultants, freight forwarders, logistics providers and other similar businesses.

The business will become part of Markel's marine, energy and property division headed by

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