Markel launches InsurtechRisk+

Markel Introduces InsurtechRisk+

Markel has officially launched a new insurance product, InsurtechRisk+, which extends coverage in four key areas. This offering comes with a limit of £10 million, designed to cater to the unique needs of businesses operating in a digital and tech-driven world.

Coverage Features

InsurtechRisk+ provides businesses with protection in various sectors, although the specifics of these areas were not detailed in the announcement. Alongside the impressive coverage limit, the product also includes valuable resources for policyholders.

Business Support and Cyber Toolkit

A standout feature of InsurtechRisk+ is the provision of free 24/7 business support. This can be a substantial advantage for businesses facing challenges outside regular working hours. Additionally, the offering includes a cyber risk toolkit, aiming to help companies navigate the complex landscape of cyber threats.

Who Will Benefit?

This new product is likely to attract businesses that are especially vulnerable to digital risks, such as those in the tech industry or companies heavily reliant on online operations. With the increasing prevalence of cyber incidents, the combination of extensive coverage and additional support may provide peace of mind to business owners.

Conclusion

The introduction of InsurtechRisk+ by Markel reflects the ongoing evolution of insurance products to meet modern business needs. By incorporating both comprehensive coverage and robust support services, it seems positioned to address the growing concerns surrounding technological risks.

Original Source: https://coverager.com/markel-launches-insurtechrisk/