Markel adds State National growth engine

Markel views its proposed acquisition State National as a strong
growth engine, with the fronting specialist well-positioned to take
advantage of secular trends in the P&C sector driven by
alternative capital and InsurTech.
Richie Whitt, co-CEO at the Richmond, Virginia-based US
specialty insurer, said State National offers its clients a conduit
to transfer risk to capital providers in a "very
cost-effective and capital-efficient manner".
"Given the changes that are occurring in our industry