Markel Insurance appoints James Shankland as Head of Ocean Cargo, U.S.

RICHMOND, Va., April 2, 2026 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today the appointment of James Shankland as Head of Ocean Cargo, U.S. In this role, Shankland will lead the growth of Markel's U.S. cargo portfolio. He will be responsible for underwriting strategy, portfolio management and broker engagement. He'll work closely with actuarial, claims, operations and distribution to support disciplined execution across the business.

This appointment reflects Markel's continued investment in its global cargo portfolio and dedication to delivering specialized solutions to U.S. customers by leveraging global experience to address complex risks. The U.S. ocean cargo product builds on the strength and success of Markel's U.S. ocean marine platform and established global cargo business, supporting diverse placements where scale and underwriting discipline matter.

"James has a deep understanding of the increasingly complex risk, operational, and coverage challenges our brokers and customers face in today's cargo market," said Michael Keely, Managing Director, Ocean Marine. "By building on the success of our global cargo business and investing in building out a dedicated U.S. ocean cargo team, we are bringing that same level of expertise and reliability to the U.S. market."

Shankland brings deep marine cargo underwriting leadership experience across leading global insurers, with a strong track record of portfolio management, underwriting discipline and broker engagement. Most recently, he served as an underwriting team lead at AIG where he managed a significant cargo portfolio, led underwriting teams and partnered closely with key broker relationships to drive profitable growth.

"I'm excited to build on Markel's global capabilities and bring a disciplined, long-term approach to the U.S. market," said Shankland. "There is strong demand for consistent underwriting, technical expertise and meaningful capacity, and I look forward to working closely with our brokers and clients to deliver solutions that support their evolving ocean cargo risks."

Shankland will be based in Markel's New York office.

About Markel
We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people—and the deep, valued relationships they develop with colleagues, brokers and clients—that differentiates us worldwide.

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