Markel, the insurance operations of Markel Group Inc., has appointed Raphael Da Costa to lead its U.S. cyber and technology errors & omissions (E&O) portfolio.
In his new role, Da Costa will oversee underwriting strategy, portfolio management, and product development for Markel’s U.S. cyber and tech E&O lines.
He will collaborate closely with underwriting, claims, and actuarial teams to drive disciplined growth and deliver solutions aligned with the evolving cyber risk landscape.
“Raphael brings deep technical knowledge and strong market experience that directly benefits our brokers and customers as cyber risks continue to evolve,” said Paul Melone, Executive Underwriting Officer, Professional Liability. “We’re proud to develop and promote talent from within Markel, and Raphael’s leadership strengthens our ability to support clients navigating an increasingly complex cyber and technology landscape.”
Da Costa, who joined Markel in 2023, has over 15 years of experience in cybersecurity and insurance. He most recently led the strategic development and execution of U.S. cyber and tech E&O insurance products for middle-market risks.
“Cyber and technology risks are changing in real time, and our customers need underwriting partners who understand both the technical detail and the broader business impact,” said Da Costa. “Markel has consistently demonstrated a commitment to thoughtful underwriting and long-term relationships, and I’m excited to build on that foundation to continue supporting our brokers and clients across the U.S. market.”
Da Costa will be based in Markel’s New York office.
