NU Online News Service, Oct. 12, 11:03 a.m.EDT

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Markel Insurance Company has announced the acquisition ofAgri-Risk Services Inc., an equine retail specialty agency inOverland Park, Kan. Financial terms were not disclosed.

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Markel, a subsidiary of Markel Corp. in Glen Ellen, Va., thatunderwrites commercial lines coverage for a variety of nichemarkets, including horse and farm programs, said the staff ofAgri-Risk will join the firm and become part of Markel Specialty'sAgriculture Division.

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The Agri-Risk team will continue to be led by Dr. Lance Allen,D.V.M., and Barbara Kirby, both veterans of the equine insurancemarketplace. The company, which has been insuring horses, farms andtrainers since 1976, has 14 employees.

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The acquisition of the business of Agri-Risk Services and itsstaff, combined with Markel Specialty's Agriculture Team, Markelsaid, "builds on both companies' strong existing relationships inthe equine community and the continued desire to expand the Markelbrand in the equine insurance market."

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Markel Insurance Company also provides commercial coverage for arange of nonprofit social service agencies; camps; child carecenters; youth recreation centers; private schools, museums andhistoric homes; and dance, gymnastics and martial arts schools.

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The company also underwrites special risk accident and healthinsurance. Markel Risk Solutions offers unique individual accountsolutions for commercial lines producers.

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