I think this is a good acquisition on behalf of Markel. Safeco has never been a great market for this kind of specialty program business and they probably wanted to get rid of it. Markel does an excellent job with their current Book of business, so this was a smart buy.
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This was insured by Safeco. Did they run, or were they pushed?
I think this is a good acquisition on behalf of Markel. Safeco has never been a great market for this kind of specialty program business and they probably wanted to get rid of it. Markel does an excellent job with their current Book of business, so this was a smart buy.