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Markel Insurance expands AI strategy with Bain partnership, launching Cortex unit
['Kane Wells']
News news - Reinsurance News
“AI provides Markel Insurance with tools that allow us to reimagine how work gets done,” Wilson said during the call.
“One example is building a new strategic business unit from scratch.
Last week, the company launched a new business unit called Cortex within its wholesale and specialty division, just a few months after starting the process.
That is why our business unit leaders determine how best to deploy the technology.
Markel Insurance delivered a 40% surge in adjusted operating income to $376.5 million in Q2 2026, serving as the primary growth engine for Markel Group.