Markel launches tailored insurance solutions for Canadian tech space

Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis.

Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis.

The new policies have been introduced to meet the evolving risk needs of Canadian technology and FinTech clients, offering robust coverage solutions in response to increasingly complex cyber threats and operational liabilities, according to FF News.

Cyber 360 Canada is designed to deliver standalone cyber coverage for Canadian clients, addressing emerging cyber threats while providing comprehensive pre-breach services through partnerships with industry experts.

Tech 360 Canada is a modular insurance product allowing technology companies to combine Technology Errors and Omissions coverage with Cyber coverage and Management Liability—including Directors and Officers, Employment Practices Liability, and Fiduciary Liability—under a single policy.

Fintech 360 Canada builds on the success of Markel’s existing Fintech policy, offering bespoke coverage for fintech organisations including Cyber Liability, Management Liability, Theft and Crime coverage, and tailored Fintech Errors and Omissions protection.

In addition to insurance coverage, Markel Canada collaborates with breach coach service providers, forensic and data restoration firms, ransom negotiators, and other specialists to ensure clients have access to expert support before, during, and after cyber incidents.

Services are available 24/7, providing reassurance and guidance to manage complex cyber risks effectively.

The comprehensive Canada 360 suite reflects Markel’s commitment to supporting clients throughout every stage of the risk transfer lifecycle.

By offering flexible, modular solutions paired with value-added services, the company aims to enhance business continuity and client confidence across the Canadian market.

Ed Rawe, Assistant Vice President, Cyber, said, “We are thrilled to introduce our new suite of Canada 360 products. This launch reflects our commitment to understanding the dynamic needs of our clients and providing them with comprehensive solutions.

We hope that our standalone solutions, paired with comprehensive value-added services, will give our clients the confidence and assurance that their risks are effectively managed and their business continuity is protected.”

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