Markel Insurance, the insurance business of Markel Group Inc., has promoted Phil Amlot to head of trade credit for Markel International, effective immediately.
In his new role, Amlot will report to Carl Titterton, managing director of trade credit, political risk and guarantees. He will be responsible for developing and leading the insurance company’s long-term strategy, profitable growth and team development.
Additionally, Amlot will be responsible for supporting global broker partners while maintaining local offerings and driving innovative, solution-led underwriting across the team.
He began his career at Markel in 2010 as a senior underwriter in trade credit, before moving to underwriting manager, head of Americas trade credit and political risk in 2014, where he established the U.S. operations of Markel’s trade credit division. In 2020, Amlot was promoted to head of trade credit underwriting. Prior to joining Markel, he held various underwriting and senior risk management positions at Coface UK and Independent Insurance Company Limited.
Carl Titterton, Managing Director, Trade Credit, Political Risk and Guarantees, commented: “I’m delighted that Phil is taking on his new role at such an exciting time for the team. During his 16 years with us, Phil has embodied Markel’s people-first philosophy as a leader and mentor, building strong relationships across the team.
“His deep expertise and vision will be instrumental as we continue to develop our global capabilities and deliver greater value to our clients and brokerage partners. With his exceptional strategic leadership and management since becoming Markel Trade Credit Underwriting Head in 2020, with a focus on driving profitable growth and enhancing our market profile, I am confident his appointment will place Markel Trade Credit in an excellent position for continued success.”
He continued: “Today’s dynamic environment, shaped by an evolving geopolitical landscape, evolving supply chains and changing economic conditions, presents tremendous opportunities for well-supported and well-informed businesses. With our strong foundation, talented team and proven capabilities, we are extremely well-positioned to deliver solutions that help our customers and partners navigate this landscape with confidence.”
“The role of the credit insurance industry has never been more important and we are committed to delivering the insight, capabilities and long-term partnerships that will enable businesses to seize opportunities and achieve continued success in the years to come.”
Amlot added: “After 16 years at Markel, I have a deep appreciation for the expertise of our team and look forward to leading them in the changing global trade landscape. Our strength lies in our disciplined underwriting and our commitment to understanding our clients’ risks and delivering solutions that support their growth, even under uncertain conditions.”
