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Specifically designed for companies that innovate, supply or support technology products or services

Our technology insurance product is the result of thorough research and collaboration with both brokers and technology businesses.

Through this process, we've developed a comprehensive solution that offers tailored coverage and unparalleled support for businesses at all stages of their lifecycle.

Our seamless integration of handpicked insurance, tax and legal services aim to empower your clients in areas crucial for success: cyber protection, innovation, growth, business management and bridging industry knowledge gaps.

Why MarkelTech?

  • 24/7 Cyber response service
  • International cover available^
  • Supported by technology industry specialists
  • 5 Star rated service**
  • Multi-award-winning claims team

Tech eBook

Our ebook explores the unique risks tech organisations face and how our products and services can help you mitigate them.

Innovative companies need an innovative insurance solution to match.

MarkelTech offers a wide variety of coverages for tech organisations.

Who can MarkelTech cover?

MarkelTech has been specifically designed for companies that innovate, design, develop, manufacture, supply, or support technology products or services. Our risk appetite for the technology sector is broad and all risks are underwritten by our team of expert underwriters. Download our Appetite and Cover guide for more information on what we can cover in each industry.

  • Software development & distribution
  • Information Communication Technology Services
  • Internet, hosting and communication Services
  • Communication Equipment manufacturing
  • Measurement, analytical and process  control equipment

What does MarkelTech cover?

Built for the bespoke needs of the technology sector, MarkelTech provides an all-encompassing product with access to a 24/7 cyber response service.

Cyber and data risks

  • 1st and 3rd party cover
  • Business Interruption extension
  • Cyber Crime extension
  • 24/7 cyber response service with emergency costs cover
  • Data Extortion payable to full 1st party limit
  • No geographical limit

Legal liabilities

  • Professional liability
  • Public liability
  • Products liability Employers’ liability

Management risks

  • Directors’ and officers’ liability
  • Employment law protection/entity defence

Protection of assets

  • Property damage
  • Business interruption
  • Damage to portable property
  • Money/personal assault
  • Transit
  • Fidelity

Extension to property/ business interruption cover

  • Deviations in controlled environments
  • Contamination
  • Machinery breakdown
  • Public utilities
  • Denial of access
  • Restrictions on premises
  • Customers/suppliers

International cover available:

  • UK – Professional Indemnity, Cyber, Product Liabilities, Business Interruption, Property and Employers Liability
  • Europe - Professional Indemnity, Cyber, Product Liabilities, Business Interruption and Property
  • Worldwide – Professional Indemnity, Cyber and Product Liabilities

Please always refer to your policy documents for full details of services, exclusions, terms and limits of your customised cover.
International cover subject to the following conditions: Sanctioned territories are excluded in all policies. Non-admitted coverage provided. Please note there is a £10,000 minimum premium requirement for international exposure cover, in some cases there will also be minimum revenue. Cover availability will vary depending on the country.

Let's talk

Does your existing insurer provide market-leading solutions for UK SMEs?

Additional services*

Clients also have access to additional services to help policyholders navigate everyday challenges. Depending on your coverage, you can opt in or add services you need for an additional cost.

Cyber incident response services (24hr)

Our specialist team can support and mitigate the impact of cyber breeches with a cyber incident response plan.

Cyber-crime: Crisis and PR Management

Cyber-crime can be catastrophic to a technology business and its reputation, access a dedicated team in the event of cyber-crime.

Business Hub

Access 850+ documents, contracts, templates and videos to support you.

Cyber training

eRisk hub ensures policyholders teams have the right knowledge, skills and practises to reduce the risk of cyber-crime.

Funding strategy support

Our specialist team identify funding schemes, securing over £15 million in grant funding for 500+ companies across the UK.

R&D tax relief consultancy

Our specialist in-house R&D division can help assess past, present and future R&D opportunities.

*Please refer to your policy for exact services included. Learn more.

Featured service

Grants and funding service

Help to maximise tax relief and funding opportunities, MarkelTech policyholders obtain a complimentary assessment for grants and funding by our in-house tax experts to identify opportunities to claim additional funding and reliefs such as R&D.

Case studies

Insights and resources

  • Find out more

    Access proposal forms to request a quote or view technical documents related to our products or services.

  • Services

    From our 24/7 business and legal helpline, to our R&D tax relief consultancy, our customers have access to our legal and tax services, providing a complete solution for their wider business needs and goals.

  • Our claims service

    We aim to settle claims as efficiently as possible so our policyholders can get on with their lives.

**Insurance Times Commercial Lines Five-Star Rating Report 2023/24