Markel Announces Transaction with PartnerMD
RICHMOND, Va., July 13, 2011 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announces today that PartnerMD, LLC, has become a subsidiary of Markel Ventures. PartnerMD, headquartered in Richmond, Virginia, runs concierge medical and executive health programs focused on disease prevention, health maintenance, and unique one-on-one doctor/patient relationships.
Markel Ventures owns and manages the affiliated investment activities of Markel Corporation, a diverse financial holding company serving a variety of niche markets. In each of these markets, Markel seeks to provide quality products and excellent customer service so that it can be a market leader. Markel's financial goals include earning consistent underwriting profits and generating superior investment returns to build shareholder value.
This release contains statements concerning or incorporating the company's expectations, assumptions, plans, objectives, future financial or operating performance and other statements that are not historical facts. These statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. There are risks and uncertainties that may cause actual results to differ materially from predicted results in forward-looking statements. Factors that could cause actual results to differ from those predicted are set forth under "Risk Factors" and "Safe Harbor and Cautionary Statement" in Markel Corporation's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q.
Visit Markel Corporation on the web at www.markelcorp.com.
SOURCE Markel Corporation
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