Houston-based Markel Global Marine & Energy Inc. (MGME) has announced it has opened a department to handle ocean marine, the company's newest line of business.

Steve Cullen, MGME president and chief operating officer, announced R. Matt Sternenberg, with the title of director of marine underwriting, will head the new department.

The firm said Mr. Sternenberg's background includes over 15 years in the marine and energy insurance field.

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