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Markel Insurances

R&D for small and start-up organisations

Markel understand that small, start-up research and development
companies need specialist cover, with premiums that are also affordable.

We provide public and products liability insurance on a stand-alone basis, and offer clients the opportunity to add optional covers to create a package policy if required.

To qualify for this product a company must:

  • Be undertaking own research and development of products or services in the following sectors: medicines, medical devices, vitamins and food supplements, medical food, laboratory equipment, cosmetics or cosmetic devices
  • Have fewer than 10 employees
  • A fee income of less than £30,000 per annum
  • A maximum annual income of £500,000 from other sources

Alternatively, our biomedical and life sciences insurance may be suitable for those unable to comply.

More than just insurance cover

Alongside insurance solutions, we can also assist your clients with tax and funding services such as R&D tax relief, Grant funding and patent box through Markel Tax.

Policyholder resources

To view additional services which may be available to you, visit the policyholder resources page.

Visit the Markel Tax R&D pages

Policyholder resources

Why choose Markel’s comprehensive insurance for small and start-up R&D organisations?

  • Financially secure
We’re a Fortune 500 company, with strong financial ratings.
  • Specialist insurance cover
Our product caters for the specific needs of smaller clients in this sector
  • A focus on SMEs
We are a specialist insurer for SMEs and have adapted our products and support to suit this market
  • Efficient claims settlement
Personal and efficient claims handling is central to our approach

Rated five stars across the board

Markel UK is rated as a 5 star Commercial Lines Insurer in the Insurance Times five-star rating report 2020/21. Markel has received the maximum five-star rating in all service factors.

Find out more
Comprehensive and unique insurance solutions which meet the demands and needs of specific clients, together with access to an unparalleled level of complementary support services.
Luke Kinsey, Life Sciences Broker - Gallagher