INTERNATIONAL insurance firm Markel are to move in to 20 Fenchurch Street, it has been confirmed.
The company will move from its current base in Leadenhall Street to the building dubbed the Walkie Talkie when it is completed in 2014.
William Stovin, president and chief operating officer of Markel International, said: “We have been at our current address for 11 years and now have the opportunity to upgrade to one of the best developments in the City.
“We are delighted that we have been able to agree terms for such a prestigious building which will provide us with the perfect headquarters for our continued growth both in the UK and overseas.”
20 Fenchurch Street developer Land Securities said in a trading statement released on Wednesday that 19 per cent of the space in the new skycraper has already been pre-let.
The company also stated that office space in its One New Change development was 94% let.