Markel
Markel Group Inc., founded in 1930 and based in Richmond, Virginia, is a diversified financial holding company specializing in specialty insurance, reinsurance, investments, and ventures. The company has evolved from its origins as Mutual Casualty Association, which insured jitney buses, into a global enterprise with a comprehensive portfolio. Markel operates through several segments, including Markel Specialty, Markel International, and Markel Global Reinsurance, providing tailored insurance products and reinsurance solutions. The company also manages a significant investment portfolio, including insurance-linked securities through its acquisition of Nephila. Additionally, Markel Ventures invests in a variety of non-insurance businesses, enhancing revenue diversification. With a presence in approximately 18 countries and over 80 offices, Markel serves individual policyholders, specialty insurance brokers, commercial clients, and institutional investors. The company is committed to delivering innovative risk solutions and values long-term partnerships with its clients and brokers.
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Headcount trend
Markel went from 2,372 employees in Jul 2023 to 2,590 in Jun 2025. Last 6 months: 146 people joined, 69 left.
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Markel FAQ
How many employees does Markel have?
Markel has about 2,590 employees, up 1.2% over the last 3 months (as of Jun 2025).
What is Markel's revenue per employee?
Markel makes about $6.42M in revenue per employee, based on $16.62B annual revenue and 2,590 employees.
How much does Markel pay?
6figr has 7 salary profiles for Markel in the US, with pay broken down by role, level, gender and ethnicity on the Markel salaries page. See Markel salaries
Is Markel a public company?
Yes. Markel is publicly traded under the ticker MKL on NYSE.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles. Updated 27 Nov 2025.