Steve Markel

Markel co-founder; insurance-float capital allocation

Steve Markel served as Vice Chairman of Markel Corporation, the Richmond, Virginia-based specialty insurer he helped build into a multi-billion-dollar conglomerate. The firm is known for the 'Markel Style': deploying underwriting float into publicly traded equities and wholly owned businesses, echoing Berkshire Hathaway's capital-allocation model. This approach earned Markel a reputation among value investors as a compounding vehicle built on disciplined underwriting and patient ownership.