About Business
Markel Group is a US-based conglomerate that was formed in 1930 by Samuel A. Markel and headquartered in Richmond, Virginia, USA. The company serves many areas, including Virginia, the United Kingdom, Europe, Asia Pacific, and Canada. Its history began when Samuel A. Markel started the Mutual Casualty Association and opened the Mutual Casualty Company in Virginia. It provides multiple businesses such as insurance, building supplies, bakery equipment, and many more. Soon after that, he moved the company to Richmond, Virginia. In the 1930s, his sons also joined the business. After his sons joined the company, he emphasized increasing the safety of vehicles like buses and trucks. Markel Group acquired CATCo, an investment management company, in 2015 and recently changed its Markel Corporation name to Markel Group Inc. in 2023.?
