Markel Announces Agreement to Acquire ThomcoFebruary 16, 2012 No Comments
Markel Corporation and Thompson Insurance Enterprises, LLC dba Thomco recently announced that they have entered into an agreement for Markel to acquire Thomco, which is headquartered in Kennesaw, Ga.
“We are very compatible organizations,” said Greg Thompson, Thomco’s chairman. “Both companies have built an excellent reputation for integrity, customer service and underwriting discipline. Markel prides itself on providing an atmosphere in which people can reach their personal potential, and we whole-heartedly embrace that value. Our product innovation, niche expertise, distribution network and technology complement Markel’s outstanding Claims Department and financial strength. We will be able to better serve our customers while offering greater opportunity to our staff. This transaction should be a winner for both parties.”