Markel Programs and ProSurance Group, Inc. to Offer New Primary and Excess Limits for Commercial Fidelity Insurance Program

November 3, 2010


Markel Programs and ProSurance Group, Inc. to Offer New Primary and Excess Limits for Commercial Fidelity Insurance Program

Richmond, VA, November 1, 2010 – Markel Programs announced today an increase in capacity for their monoline commercial Fidelity insurance program through ProSurance Group, Inc., their general agency partner. ProSurance Group will now have capacity to write limits up to $5,000,000 on a primary and excess basis. Commercial Crime coverage is currently available countrywide on an open-brokerage basis. The minimum premium is $2,500.

“We are excited about the success of our partnership with ProSurance. The ability to write larger limits demonstrates our commitment to this general agency and the Fidelity program,” stated Rick Wiseley, Managing Director of Markel Programs. “Prospects for positive growth in 2011 and beyond are tremendous,” he continued.

Dorothy Kent, Senior Vice President of ProSurance Group, commented, “We are very pleased about the program development and are looking forward to providing higher limits of coverage to better serve the broker community and a broader spectrum of clients and industries.”

Markel Programs and ProSurance Group’s Crime program is accessible to a wide variety of industries. Target commercial classes include retail businesses, ATM companies, manufacturers, casinos, and difficult-to-place risks. The coverage protects against fidelity and forgery, money and securities, robbery, safe burglary, computer fraud, money orders and counterfeit currency, theft of client property, funds transfer fraud, and agents.

A division of Markel Corporation, Markel Programs develops partnerships with managing general agents to offer single-source, admitted and non-admitted programs for a specific class or line of business. Markel Corporation markets and underwrites specialty insurance products and programs to a variety of niche markets. In each of these markets, the Company seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting profits and superior investment returns to build shareholder value. To learn more about Markel Programs, visit

ProSurance Group was founded in the 1990s as a managing general agency for professional liability. It specializes in underwriting and marketing the more difficult lines of insurance. The Fidelity Division is headed by Dorothy Kent, an experienced senior fidelity underwriter. ProSurance Group markets through independent sub-producers and, in some cases, directly to its insureds. To learn more about ProSurance Group, visit


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