Richmond, Va.-based Markel Insurance Company, a division of Markel Corp., announced today that on Dec. 31, 2008 it acquired the property and casualty insurance renewal rights of Child Welfare Insurance Services.
The company did not disclose financial terms for acquiring the firm which provides insurance, risk management and loss control services to non-profit businesses that serve the needs of disadvantaged children.
Markel said Rhonda Sciortino, founder and chief executive officer of Child Welfare Insurance Services, has joined the firm as business development specialist to expand its business with nonprofits.
Ms. Sciortino, the firm said, is an expert in insurance and risk management for foster care and child welfare business operations. Child Welfare Insurance Services has been a producing broker for Markel since 2000.
“I am delighted to join Markel because of their long-term support and future commitment to protecting people and organizations that help children and families. Markel's reputation for managing risk, providing meaningful loss control education resources and expert claims handling was key to my decision,” said Ms. Sciortino.
“Markel will continue our significant commitment to child welfare organizations. Rhonda's expertise and experience in this important social services niche adds value to our policyholders and retail producers. We will provide additional resources to grow this business,” said Britton L. Glisson, president and chief operating officer of Markel Insurance Company.
“Underwriting will continue from the Richmond, Va., and Alameda, Calif., offices of Markel Insurance Company, and we are excited about Rhonda developing producer and industry relationships nationwide,” said Thomas K. Smith, vice president of Marketing.
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