Markel Insurance, part of Markel Group Inc., has unveiled its new InsurtechRisk+ product tailored for insurtech businesses. This comprehensive insurance package includes four key insuring clauses: insurance services and technology liability, directors and officers (D&O) liability, crime, and cyber liability and loss cover. Designed for businesses based in the UK, Europe, Australia, Asia, and Canada, it offers coverage limits of up to GBP £10 million. Alongside the insurance coverage, policyholders gain access to a suite of value-added services such as 24/7 business and legal advice, R&D tax advisory, and a cyber risk toolkit. This initiative aims to provide insurtech companies with a holistic, cost-effective solution to navigate the evolving cyber threat landscape and financial liabilities.
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