Markel invests in IBM storage solution

Markel International has invested in a new IBM storage solution from ICM. The specialist insurer has purchased two IBM XIV storage systems to support its global business expansion programme.

The switch over to a new storage system is part of Markel’s global IT virtualisation strategy where servers, storage and PCs will be hosted centrally in its London headquarters, and accessed from all locations via thin client terminals. One IBM XIV will store all business data at HQ, while the second will be used to fully replicate the environment at Markel's disaster recovery site to fully support its service provision and disaster recovery strategies.

Steve Fountain, head of solutions and service delivery at Markel, says: “Having multiple systems and many PCs located around the world was proving to be an IT service provision and support challenge. The decision to move to one centrally hosted platform allows us to seamlessly support the corporate growth strategy by more easily provisioning new offices or integrate existing offices. It also allows us to provide an improved and consistent 'user experience' for all our colleagues; be they in remote offices, at home or travelling. Additionally, we can now implement and upgrade systems more easily, and reduce the maintenance and support overhead associated with our previous fragmented de-centralised model.”

    Share Story:

Recent Stories


Creating value together: Strategic partnerships in the age of GCCs
As Global Capability Centres reshape the financial services landscape, one question stands out: how do leading banks balance in-house innovation with strategic partnerships to drive real transformation?

Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.

Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.

Beyond compliance: Building unshakeable operational resilience in financial services
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.