Markel inks deal as it looks to strengthen underwriting processes

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’Technology transformation is at the forefront of our strategic ambitions at Markel,’ says international chief operations officer

Insurer Markel has announced a new partnership with artificial intelligence (AI)-powered processing platform Mea.

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The deal will see Markel use Mea’s platform to strengthen underwriting processes across its international wholesale operations.

“Technology transformation is at the forefront of our strategic ambitions at Markel,” Carys Lawton-Bryce, international chief operations officer at Markel, said.

”Our ability to leverage the type of AI technology that Mea platform brings will enable us to provide better, more efficient and speedier service for our clients and brokers.”

Martin Henley, chief executive of Mea, added: “We are very excited to embark on this new partnership with Markel and are looking forward to what we can achieve together.

”This agreement is a testament to our mutual commitment to providing transformative solutions and exceeding our clients’ expectations.”