BNET Industries

Market Cap:$3.2B
Last Fiscal Year Sales:$2.4B
  • Public
  • US
Dow Jones Description

Specialty Insurance Products Underwriter & Marketer

Chief Executive Officer
Alan I. Kirshner
Number of Employees 2,000
Contact Information

4521 Highwoods Pkwy

Glen Allen, Virginia 23060

www.markelcorp....

(804) 747-0136

NAICS Code Direct Property and Casualty Insurance Carriers: 524126

Recent Events

  • Oppenheimer & Co. reiterates Markel at 'underperform'

    11/16/09 - Bond / Stock Rating - View Story

  • Markel posts 3Q profit, reversing 2008 loss

    11/04/09 - Merger / Acquisition - View Story

  • Markel Reports Third Quarter and Nine-Month Results

    11/05/09 - Financial Announcement - View Story

  • Henrico-based Markel looks to invest in privately held companies

    11/07/09 - Merger / Acquisition - View Story

  • Oppenheimer & Co. maintains Markel at 'underperform'

    10/15/09 - Bond / Stock Rating - View Story

  • Rising Market Could Mean Big Returns for Markel

    10/12/09 - Financial Announcement - View Story

  • RBC Capital Markets Corp reiterates Markel at 'sector perform'

    10/09/09 - Bond / Stock Rating - View Story

  • BRIEF-Moody's rates Markel's senior notes Baa2; assigns shelf ratings

    9/17/09 - Bond / Stock Rating - View Story

  • Fitch Rates Markel's $350MM Sr. Unsecured Notes 'BBB'; Outlook Negative

    9/18/09 - Bond / Stock Rating - View Story

  • Markel appoints executive underwriting officer

    9/15/09 - Mgmt. Change Entering - Other - View Story

  • Warde to Head Underwriting at Markel

    9/16/09 - Mgmt. Change Entering - Other - View Story

  • Markel names 2 new directors

    8/26/09 - Mgmt. Change Entering - Finance - View Story

  • Markel appoints board members

    8/26/09 - Board Member - Entering - View Story

  • Oppenheimer & Co. lowers Markel to 'underperform'

    8/07/09 - Bond / Stock Rating - View Story

  • Markel Reports Second Quarter and Six-Month Results

    8/05/09 - Financial Announcement - View Story

News & Analysis

markel corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Alan I. Kirshner Chief Executive Officer
Paul W. Springman President & Chief Operating Officer
Thomas S. Gayner President, Markel-Gayner Asset Management Corporation
David Egbert Cto & CIO
Richard R. Whitt III Senior Vice President and Chief Financial Officer
Robert Blazer Chief Admin Officer & Vice President
Robin Russo Vice President, Chief Underwriting Officer
Joe Hucker Senior Vice President, Casualty
John Latham Senior Vice President, Operations
Letha Heaton Senior Vice President, Marketing Services
Alex Sardinia Vice President, Claims
Andrea Nash Vice President, Marketing
Audrey Hanken Vice President, Marketing
Barrett Hubbard Vice President, Marketing
Bill Hlavka Vice President
Bruce Kay Vice President, Investor Relations
Chris Behymer Vice President, Marketing
Chuck Woodrich Vice President & Manager
Cliff Gleason Assoc Vice President, Claims
Corbin Phillips Vice President
Dana Piazza Assoc Vice President, Excess
David Ashley Assoc Vice President, Claims
Deidre Balbuena Vice President
Don Faison Vice President, Equine & Farm Programs
Ed Duffy Vice President, Onshore Energy Property
Emmett Morgan Vice President, Markel Risk Solutions
Fred Ackermann Vice President, Operations
Holly Hoelting Vice President, Accounting
Jill Goldfine Vice President, Accounting
Jim Kocha Assoc Vice President, Public Entity
Mary Allen Waller Vice President, Accounting
Raymond J. Steer Vice President, Finance
Rick Raeder Vice President & Manager
Robert Horner Vice President, Claims
Scott Delatorre Vice President, Marketing
Scott Rohr Vice President, Public Entity
Steven Leyendecker Vice President, Administration
Susan Swanson Vice President, Administration
Terri Ashley Assoc Vice President, Claims
Thomas K. Smith Vice President, Marketing
Tim Hughes Vice President, Claims
Tom Wisneski Vice President, Claims
Von Burdorf Vice President, Administration
Clive Couzens Managing Director
Peter Middleton Managing Director
Steve Carroll Managing Director
Andy Davies Finance Director
Conor Finn Director, Business Dev
Gail A. Strejc Director, Marketing Communications
Linda Hunter Director, Operations
Maria Hurley Director, HR
Sue Ettmayer Director
Tamara Cutting Director, Marketing, Public Relations
Thomas Conroy Director
Denise Katz Services Manager
Diana LaFemina Manager, Programs
Frank Noyes Manager, Programs
Joe Klaiber Program Manager
Robert E. Jerman Manager, Marketing Development
Diane Lunde Controller
David Ortega
Mike Rozenberg
Shand Morahan
Stewart M. Kasen Director

Board of Directors

Name (plus bio) Position
Anthony F. Markel Board of Directors
Darrell D. Martin Board of Directors
Douglas C. Eby Board of Directors
J. Alfred Broaddus Jr. Board of Directors
Jay M. Weinberg Board of Directors
Lemuel E. Lewis Board of Directors
Lemuel L. Lewis Board Director
Leslie A. Grandis Board of Directors
Steven A. Markel Board of Directors

Organization Position Status
Markel Corporation Chief Executive Officer Current
Markel Corporation Chairman of the Board Current

Organization Position Status
Markel Corporation President & Chief Operating Officer Current
Markel Corporation Executive Vice President Current
Markel Corporation President, Markel North America Former

Organization Position Status
Markel Corporation President, Markel-Gayner Asset Management Corporation Current
Markel Corporation Executive Vice President and Chief Investment Officer Current
Markel Corporation Vice President, Equity Investments Former
Markel Corporation Director Former

Organization Position Status
Markel Corporation Cto & CIO Current

Organization Position Status
Markel Corporation Senior Vice President and Chief Financial Officer Current
Markel Corporation Executive Vice President and Chief Administrative Officer, Markel International Limited Former
Markel Corporation Senior Vice President, Finance Former
Markel Corporation Vice President, Controller and Treasurer Former

Organization Position Status
Markel Corporation Chief Admin Officer & Vice President Current

Organization Position Status
Markel Insurance Company Senior Vice President & Chief Underwriting Officer Current
Markel Corporation Vice President, Chief Underwriting Officer Current
Markel Insurance Company Senior Vice President Former
The Home Insurance Company Former
Seton Hall University M.B.A. Former

Organization Position Status
Markel Corporation Senior Vice President, Casualty Current

Organization Position Status
Markel Corporation Senior Vice President, Operations Current

Organization Position Status
Markel Corporation Senior Vice President, Marketing Services Current

Organization Position Status
Markel Corporation Vice President, Claims Current

Organization Position Status
Markel Corporation Vice President, Marketing Current
Essex Insurance Company Vice President, Marketing and Agency Administration Current

Organization Position Status
Markel Corporation Vice President, Marketing Current

Organization Position Status
Markel Corporation Vice President, Marketing Current

Organization Position Status
Markel Corporation Vice President Current

Organization Position Status
Markel Corporation Vice President, Investor Relations Current
Markel Service, Inc. Vice President Former

Organization Position Status
Markel Corporation Vice President, Marketing Current

Organization Position Status
Markel Corporation Vice President & Manager Current

Organization Position Status
Markel Corporation Assoc Vice President, Claims Current

Organization Position Status
Markel Corporation Vice President Current

Organization Position Status
Markel Corporation Assoc Vice President, Excess Current

Organization Position Status
Markel Corporation Assoc Vice President, Claims Current

Organization Position Status
Markel Insurance Company Vice President, Product & Regulatory Services Current
Markel Corporation Vice President Current
Markel Insurance Company Manager Former
Virginia Commonwealth University B.A. In Mathematical Sciences. Former

Organization Position Status
Markel Corporation Vice President, Equine & Farm Programs Current
Markel Insurance Company Vice President, Equine & Farm Programs Current
The University of Georgia Undergraduate Degree In Insurance Risk Management Former

Organization Position Status
Markel Corporation Vice President, Onshore Energy Property Current

Organization Position Status
Markel Corporation Vice President, Markel Risk Solutions Current
Markel Insurance Company Vice President, Markel Risk Solutions Former
The Home Insurance Company Former
Aetna Inc. Former
University of Richmond B.S. In Management. Former

Organization Position Status
Markel Corporation Vice President, Operations Current

Organization Position Status
Markel Corporation Vice President, Accounting Current

Organization Position Status
Markel Corporation Vice President, Accounting Current

Organization Position Status
Markel Corporation Assoc Vice President, Public Entity Current

Organization Position Status
Markel Corporation Vice President, Accounting Current
Colony Insurance Company Accounting Manager Former
Virginia Commonwealth University M.B.A. Former
Salem College B.A. In Business Administration Former

Organization Position Status
Markel Corporation Vice President, Finance Current

Organization Position Status
Markel Corporation Vice President & Manager Current

Organization Position Status
Markel Corporation Vice President, Claims Current

Organization Position Status
Markel Corporation Vice President, Marketing Current

Organization Position Status
Markel Corporation Vice President, Public Entity Current

Organization Position Status
Markel Corporation Vice President, Administration Current

Organization Position Status
Markel Corporation Vice President, Administration Current

Organization Position Status
Markel Corporation Assoc Vice President, Claims Current

Organization Position Status
Markel Corporation Vice President, Marketing Current
The Reciprocal Group Inc. Former

Organization Position Status
Markel Corporation Vice President, Claims Current

Organization Position Status
Markel Corporation Vice President, Claims Current
Markel Insurance Company Vice President, Claims Former

Organization Position Status
Markel Corporation Vice President, Administration Current

Organization Position Status
Markel Corporation Managing Director Current

Organization Position Status
Markel Corporation Managing Director Current

Organization Position Status
Markel Corporation Managing Director Current

Organization Position Status
Markel Corporation Finance Director Current
Terra Nova Insurance Company Limited Director, Finance Current
Markel International Limited Director, Finance Current

Organization Position Status
Markel Corporation Director, Business Dev Current

Organization Position Status
Markel Corporation Director, Marketing Communications Current

Organization Position Status
Markel Corporation Director, Operations Current

Organization Position Status
Markel Corporation Director, HR Current

Organization Position Status
Markel Corporation Director Current
Markel Corporation Director Former

Organization Position Status
Markel Corporation Director, Marketing, Public Relations Current
Markel Corporation Director, Marketing, Public Relations Former

Organization Position Status
Markel Corporation Director Current
Markel Corporation Director Former

Organization Position Status
Markel Corporation Services Manager Current

Organization Position Status
Markel Corporation Manager, Programs Current

Organization Position Status
Markel Corporation Manager, Programs Current

Organization Position Status
Markel Corporation Program Manager Current

Organization Position Status
Markel Corporation Manager, Marketing Development Current

Organization Position Status
Markel Corporation Controller Current

Organization Position Status
Markel Corporation Current

Organization Position Status
Markel Corporation Current

Organization Position Status
Markel Corporation Current
Shand Morahan & Company Inc Former

Organization Position Status
Markel Corporation Board of Directors Current
Markel Corporation Vice Chairman Current
Hilb Rogal & Hobbs Company Board of Directors Current
Markel Service, Inc. Vice Chmn Current
Evanston Insurance Company Chairman & CEO Former

Organization Position Status
Markel Corporation Board of Directors Current
Markel Corporation Cfo & Executive Vice President Former

Mr. Eby has served as a director since June 2005. Mr. Eby has been president of Robert E. Torray & Co. Inc. and executive vice-president of The Torray Corporation since 1997. Prior to joining The Torray Corporation in 1992, Mr. Eby co-managed assets for the clients of Robert E. Torray & Co., Inc. as well as The Torray Fund and The Torray Institutional Fund. Prior to joining Robert E. Torray & Co. Inc., Mr. Eby was an investment manager and research analyst for seven years at Thomson Advisory Group. Mr. Eby currently serves on the Board of Directors of Markel Corporation and Suburban Hospital. Mr. Eby earned his B.A. in Economics from Catholic University and received an M.B.A. from Indiana University.

Organization Position Status
CBRE Realty Finance, Inc. Director Current
Level 3 Communications, Inc. Board of Directors Current
Markel Corporation Board of Directors Current
Torray LLC Manager Former
Indiana University M.B.A Former
The Catholic University of America BA In Economics Former

J. Alfred Broaddus, Jr. has been an independent director of Price Group since 2004, and is a member of the Audit and Executive Compensation Committees. He is the immediate past president of the Federal Reserve Bank of Richmond from which he retired in August 2004. Mr. Broaddus also is a director of Albemarle Corporation, a manufacturer of specialty chemicals; Markel Corporation, a specialty insurer; and Owens & Minor, Inc., a distributor of medical and surgical supplies.

Organization Position Status
T. Rowe Price Group, Inc. Board Director Current
Markel Corporation Board of Directors Current
Federal Reserve Bank of Richmond President Former

Organization Position Status
Vcu Real Estate Foundation Board of Directors Current
Markel Corporation Board of Directors Current
Hirschler Fleischer Co Board of Directors Current
Hirschler Fleischer Co Member Current
Virginia Law Foundation Fellow Current
The Practice Company Co-Editor Former
Landlord & Tenant Law Co-Editor Former
University of Virginia B.A. Degree Former

Organization Position Status
Markel Corporation Board of Directors Current

Organization Position Status
Federal Reserve Bank of Richmond Deputy Chairman Current
Markel Corporation Board Director Current

Organization Position Status
McGuireWoods LLP Partner Current
Markel Corporation Board of Directors Current

Organization Position Status
Markel Corporation Board of Directors Current
Markel Corporation Vice Chairman Current

Organization Position Status
S&K Famous Brands, Inc. President, Chief Executive Officer and Director Current
Lenox Group Inc. Chair, Chair, Chair Current
K2 Inc. Board of Directors Current
Retail Holdings N.V. Board of Directors Current
Markel Corporation Director Current
Factory Card & Party Outlet Corp. Chief Executive Officer Former
Factory Card & Party Outlet Corp. President Former
S&K Famous Brands, Inc. President Former
Factory Card & Party Outlet Corp. Chairman Former
S&K Famous Brands, Inc. Board of Directors Former

Executive News

  • Many in Richmond area struggling to cope as economic downtown drags on [Richmond Times-Dispatch, Va.]

    TMC Net - 7/06/09 - View Story

  • Many struggle as economic woes continue

    News Viriginian - 7/06/09 - View Story

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     MKL $333.60 -1.95 (-0.58% )
Average Volume 27,225
Shares Outstanding 9.82M
Market Cap 3.3B
Year High 363
Year Low 208.77
Earnings Per Share 7.71
P/E Ratio 43.27
Dividend N/A
Yield N/A
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