Markel promotes Phil Amlot to lead global trade credit strategy

Markel elevates senior underwriter to lead global trade credit push

Markel Insurance is promoting Phil Amlot to Head of Trade Credit for Markel International, positioning a long‑tenured executive to steer the insurer’s global trade credit strategy. Amlot, who has been with Markel for 16 years and has served as Head of Underwriting – Trade Credit since 2020, reports to Carl Titterton, Divisional Managing Director for Trade Credit, Political Risk and Surety. In his new role he leads the division’s long‑term strategy and is charged with driving profitable growth and team development across London, the United States and Asia.

Amlot’s remit emphasises a blend of centralised strategic direction and tailored local execution: he supports global broker partners while maintaining bespoke local product offerings and aims to push innovative, solution‑led underwriting across regions. Markel frames the appointment as critical to scaling capacity and translating market signals into client‑focused products, with Amlot expected to nurture underwriting expertise, strengthen broker relationships and ensure consistent service delivery across the insurer’s international footprint.

Senior management argues the move reinforces Markel International’s ambition to enhance market leadership in trade credit at a time of heightened demand for credit protection. Titterton highlights Amlot’s people‑first leadership, mentoring and relationship building, saying his strategic orientation and proven management lift the business profile and position the unit to capture opportunities and manage risk amid volatility.

Expanding capability and product innovation

The promotion forms part of a broader push by Markel International to expand capacity and product innovation in trade credit insurance. The company is signalling greater investment in underwriting teams and broker engagement to convert evolving market dynamics into profitable, client‑centric solutions.

Industry backdrop and opportunity

Markel frames trade credit insurance as increasingly valuable against a backdrop of shifting supply chains, evolving geopolitical risks and changing economic conditions. The insurer says well‑supported businesses have material opportunities and that providing insight, capacity and long‑term partnership will help clients and brokers navigate uncertainty.