Markel to open office in Germany in Brexit move
Markel plans to open an office in Munich as it seeks to meet the needs of its clients in the remaining 27 EU countries.
Markel is in discussion with Germany’s financial regulatory authority as it seeks approval to establish an insurance company in the country.
The insurer said it wanted to ensure that whatever the outcome of the Brexit negotiations it was able to meet the needs of clients in the remaining 27 EU countries.
Richard R. Whitt, co-chief executive officer at Markel, said: “We are focused on building upon and extending the global reach of our businesses.
“That means that we are committed to a
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