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Markel Insurance Strengthens Australian Presence with New Marine Leadership

Tim Wills to Lead Markel's Marine Insurance Expansion in Australia

Markel Insurance Strengthens Australian Presence with New Marine Leadership?w=400
Markel Insurance has announced the appointment of Tim Wills as Head of Marine for Australia, signaling the company's strategic expansion into the Australian marine insurance market.
Based in Sydney, Wills will spearhead the launch of Markel's marine products in the region, beginning with marine cargo insurance.

This move marks Markel's first diversification into marine insurance in Australia since its local inception two years ago. The company aims to address the growing demand for specialized marine coverage, leveraging Wills' extensive experience in the sector.

Prior to joining Markel, Wills held significant roles at Tokio Marine Kiln, Chubb, and QBE, bringing a wealth of knowledge and expertise to his new position.

Rory Morison, Managing Director of Markel Australia, highlighted the importance of this expansion, emphasizing the company's commitment to placing empowered specialty underwriters on the ground to serve the unique needs of Australian customers.

For Australian boat owners and marine businesses, this development offers additional options for comprehensive and tailored insurance solutions, reflecting the dynamic nature of the marine insurance landscape.

Published:Wednesday, 15th Oct 2025
Source: Paige Estritori

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

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Moral Hazard:
The concept that individuals may take on more risk when they do not bear the full consequences of that risk, often relevant in insurance scenarios.