When was Markel Corporation founded?

Markel Corporation was founded in 1930.

Where is Markel Corporation located?

Markel Corporation is located in Glen Allen, United States .

When was the latest funding round of Markel Corporation?

Markel Corporation's latest funding round was on Jan 01, 2021.

What is the annual revenue of Markel Corporation?

Annual revenue of Markel Corporation is $11.7B as on Dec 31, 2022.

Where does Markel Corporation rank among its competitors?

Markel Corporation ranks 46 amongst 1082 active competitors.

Who are the top competitors of Markel Corporation?

Markel Corporation's top competitors are HUB International, MetLife and Prudential.

Markel Corporation - 2025 Company Profile, Team, Funding, Competitors & Financials - Tracxn

Company Details

Website: www.markel.com/
Social
Email ID: *****@markelcorp.com
Phone Number: +1 **********
Registered Address: Glen Allen, Virginia

Key Metrics

Founded Year

1930

Location

Glen Allen, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), Jan 01, 2021, $13.8K

Investors

OnRamp Insurance Conference & 1 more

Ranked

46^th among 1082 active competitors

Annual Revenue

$11.7B as on Dec 31, 2022

Investment & Acquisitions

The MECO Group & 10 more

Similar Companies

RAC & 3832 more

Exit Details

Acquired by Berkshire Hathaway (May 17, 2022)

Markel Corporation is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MARKEL CORP CIN: 1096343 United States, Deadpooled		$11.7B (as on Dec 31, 2022)	-	-
Markel Services India Private Limited CIN: U74999MH2018FTC304056 India, Active	Jan 11, 2018	-	-
MARKEL GROUP INC CIN: 541959284 United States, Active	Dec 31, 1999	-	3363 (as on Dec 31, 2022)	-

Markel Corporation got acquired by Berkshire Hathaway on May 17, 2022 at an acquisition amount of $620M.

Click here to take a look at Markel Corporation's acquisition in detail

Markel Corporation has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $13.8K. 1 investor participated in its latest round, which include OnRamp Insurance Conference and UK Research and Innovation.

Markel Corporation has 2 institutional investors including OnRamp Insurance Conference and UK Research and Innovation.

Here is the list of recent funding rounds of Markel Corporation:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
Jan 01, 2021	$13.8K	Grant (prize money)	5639400	4458884	UK Research and Innovation

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Top competitors of Markel Corporation include HUB International, MetLife and Prudential. Here is the list of Top 10 competitors of Markel Corporation, ranked by Tracxn score:

Overall Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	HUB International 1998, Chicago (United States), Acquired	Provider of investment advisory, insurance distribution, and risk management services	$1.6B	RBC Capital Markets, Leonard Green and Partners & 9 others	75/100
2nd	MetLife 1868, New York City (United States), Public	Internet first provider of life, health, auto, home, and pet insurance services	-	Stone Point Capital, MicroVest & 1 others	72/100
3rd	Prudential 1875, Newark (United States), Public	Provider of life, health, and other insurance services	-	The GIIN	67/100
4th	Voya Financial 1999, New York City (United States), Public	Provider of pension fund for the employees based out of the US	-	-	66/100
5th	Allstate 1931, Chicago (United States), Public	Internet first provider of life, property, auto, and business insurance services	-	-	65/100
6th	Assurant 1892, New York City (United States), Public	Provider of homeowner, rental, vehicle, flood, travel, and other insurance services	-	OnRamp Insurance Conference, Karp Capital	65/100
7th	State Farm 1922, Bloomington (United States), Series C	Provider of life, auto, health, mortgage, and other insurance services	$66.9M	OnRamp Insurance Conference	65/100
8th	Guardian 1860, New York City (United States), Unfunded	Provides diversfied insurance such as life, disability, dental vision etc	-	-	64/100
9th	AXIS Capital 2001, Bermuda, Public	Provider of diversified insurance services	$1.85B	Corsair Capital, Thomas H Lee Partners & 2 others	64/100
10th	Progressive Insurance 1937, Mayfield Heights (United States), Public	Internet first provider of life, health, auto, home, and business insurance services	-	Vulcan Capital, Venture for America	64/100
46th	Markel Corporation 1930, Glen Allen (United States), Acquired	Provider of insurance and reinsurance holding services	-	OnRamp Insurance Conference, UK Research and Innovation	48/100

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Markel Corporation has made 4 investments in companies including Certa Insurance and Hagerty. Markel Corporation has also acquired 7 companies including The MECO Group and Valor Environment. Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 16, 2025	Acquisition	The MECO Group	1974	London, United Kingdom
Jun 25, 2024	Acquisition	Valor Environment	2022	Ball Ground, United States
Oct 20, 2023	Investments	Certa Insurance	2018	London, United Kingdom

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Here is the latest report on Markel Corporation's sector:

Free

Insurance Carriers - Sector Report

Edition: February, 2025 (68 Pages)

View all reports related to Markel Corporation

Media has covered Markel Corporation for a total of 131 events in the last 1 year, 61 of them have been about company updates and 46 about people movement.