Markel names The Collaborative Fund partner Housel to board
Markel has appointed Morgan Housel to its board of directors, effective November 16, the Richmond-based specialty company announced on Wednesday.
He is joining the board's nominating/corporate governance committee.
Housel is a partner at The Collaborative Fund, a multi-stage private investment fund. Prior to joining the firm in 2016, Housel was a columnist and senior analyst at the Motley Fool and a columnist for the Wall Street Journal.
His experience in the boardroom includes serving as a director of several financial institutions, including Long-Term Stock Exchange and Camino Financial.
"Morgan's investment experience and core values that represent the Markel style make him a great addition to Markel's board of directors," said chairman Steve Markel. "We look forward to benefitting from his insights and guidance as we continue to grow our business.”
The carrier on Monday said it is shutting down its third-party capital vehicle Lodgepine Re, which launched two years ago and began writing business earlier this year, after a difficult cat quarter.
Earlier this month, Markel said industry veteran Steve Girard will return to the role of regional president for the Southeast region.