Markel Insurance has brought its fine art and specie offering to the Australian market.

The line covers fine art including personal collections, jewellery collectors, corporate collectors, dealers and galleries, specie, jewellers’ block and cash in transit.

Matthew Stock has joined the specialist insurer as Australian head of fine art and specie. He was previously 360 Underwriting Solutions executive director of fine art and specie.

Markel says Mr Stock has 30 years’ experience in the insurance industry and is one of the leading fine art and specie underwriters in the Asia-Pacific region.

Australian head of marine Tim Wills says the art offering provides “a compelling opportunity to diversify our portfolio and build a leading position in a class characterised by strong performance and disciplined underwriting”.