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.
Does your existing insurer provide market-leading solutions for UK SMEs?
Additional services*
*Please refer to your policy for exact services included. Learn more.
Featured service
Grants and funding service
Case studies
Insights and resources
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Find out more
Access proposal forms to request a quote or view technical documents related to our products or services.
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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.
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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