Markel Group Inc. is a diversified global financial holding company based in Richmond, Virginia. Founded in 1930, it initially provided insurance for the trucking and jitney bus industries. Over the years, Markel has evolved into a Fortune 500 company, offering a wide range of services including insurance, reinsurance, investments, and non-insurance ventures. The company operates in multiple sectors and has expanded internationally, with a presence in 18 countries and around 14,000 employees. Markel's core operations are divided into insurance and reinsurance, with a significant focus on specialty insurance through its divisions, including Markel Assurance and Markel Specialty. The company also engages in non-insurance investments through Markel Ventures, targeting scalable businesses in various industries such as manufacturing, consumer services, and healthcare. Markel aims to leverage its underwriting profits for strategic investments, fostering long-term growth and stability.