Markel promotes Phil Amlot to head global trade credit amid rising geopolitical risks

Markel elevates trade credit leadership amid rising global risks

Leadership Move Strengthens Global Trade Credit Strategy

Markel Insurance promotes Phil Amlot to Head of Trade Credit for Markel International, effective immediately, signaling a push to consolidate the insurer’s position in the global trade credit market. Amlot, who has worked at Markel for 16 years and leads underwriting for trade credit since 2020, reports to Carl Titterton, Divisional Managing Director for Trade Credit, Political Risk and Surety. The appointment gives Amlot responsibility for long‑term strategy, profitable growth and team development across London, the United States and Asia.

In his new role, Amlot is charged with deepening relationships with global broker partners while preserving tailored local offerings, and with driving “solution‑led” underwriting that combines analytical insight and capacity. Titterton highlights Amlot’s people‑first leadership, mentoring and relationship building, saying those skills and his strategic orientation have elevated Markel’s market profile and position the trade credit business for continued success. The role includes nurturing underwriting expertise and translating market developments into client‑focused solutions.

Markel frames the move as part of a broader intention to convert market volatility into opportunity by leveraging experienced leadership to expand product innovation and capacity. With teams spread across major markets, Amlot’s remit emphasizes consistency in local service delivery and the use of international scale to provide tailored credit insurance that helps clients manage counterparty risk and sustain trade flows.

Geopolitical and supply‑chain backdrop

Markel says the trade credit sector becomes more valuable as evolving geopolitical risks, shifting supply chains and changing economic conditions create uncertainty for buyers and suppliers. The company positions its credit insurance offering as a tool to provide insight, capacity and long‑term partnership, enabling clients and brokers to navigate instability and seize trading opportunities with confidence.

International capability build‑out

The promotion underscores Markel International’s continued focus on expanding global capabilities in trade credit, political risk and surety. By appointing an experienced internal leader to run its trade credit division, Markel seeks to convert market developments into profitable, client‑focused solutions while managing underwriting risk across its international footprint.