Markel hires MarketScout’s Furmanek as Senior Underwriter, Fine Art, NA

Markel, the insurance division of Markel Group, has appointed Dena Furmanek as Senior Underwriter – Fine Art, North America, with immediate effect.

Based in the Chicago area, Furmanek will report to Kyle McGrath, Head of US Fine Art.

In her new role, Furmanek will be expected to support the profitable expansion of Markel’s North American Fine Art book, as part of the firm’s strategic growth plans for its International Marine & Energy division.

According to Markel, Furmanek will hold responsibility for underwriting and servicing new and renewal business.

She will also be expected to develop closer relationships with clients and brokers across the region.

Before she joined Markel, Furmanek spent more than nine years working at MarketScout, where she most recently held the role of Vice President – Fine Art & Collections, a position which saw her oversee all the managing agent’s fine art business operations.

She joined the organisation in March 2015 as an Underwriter – Fine Art & Collections, before later being promoted to a variety of senior underwriting and managerial roles.

Prior to joining MarketScout, Furmanek spent over a decade working as an administration professional at various organisations, including QBE North America.

Addressing Furmanek’s appointment, McGrath said: “The global fine art insurance market continues to expand. Rising art valuations and a changing risk landscape for collectors make having the right risk and insurance partner more important than ever before.”

Adding: “I’m delighted to welcome Dena to Markel. She brings more than a decade of experience in the fine art, jewellery and collections insurance space and has a proven track record of delivering strong profitable underwriting management throughout that time.

“Her in-depth knowledge of this unique industry and product offerings, ability to interpret market trends and provide exceptional service to stakeholders make her a great addition to the team and further strengthen our offering for clients and brokers.”