Markel Corporation (NYSE:MKL) insures areas of the economy you may not normally think about when you think about insurance -- including summer camps, horse breeding, and vintage cars. So while it may not be the most exciting company, it's established a stable -- and profitable -- niche. It's also a conservative company, meaning it's saving enough to cover potential claims ahead of time and avoiding costly surprises down the road.

In the following video, Motley Fool financial sector analysts Matt Koppenheffer and David Hanson discuss Markel and other big companies in the insurance space.

 

David Hanson owns shares of Markel. Matt Koppenheffer owns shares of Markel. The Motley Fool recommends Markel. The Motley Fool owns shares of Markel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.