
Our Fintech team provides cover for a range of companies, including neo banking, payments, investech, wealthtech, insurtech and lendtech.
As pioneers in the Fintech insurance space, Markel International first launched a policy in 2016. Since then, we have worked closely with clients to tailor bespoke insurance solutions, ensuring we consult with the relevant regulatory bodies on an ongoing basis to understand and accommodate local requirements.
What we offer
Our modular policy, FintechRisk+, gives clients the flexibility to choose the coverage that suits them, including financial services and technology liability, directors and officers liability, theft, and cyber liability and loss.
Since day 1, our aim has been to disrupt traditional insurance products and how clients view the role of their insurer (i.e. only offering help after the event). FintechRisk+ offers risk management and business solutions for fintech companies that can be accessed at any time during the policy period - and free of charge.
As one of the largest, longest-standing Fintech teams in the market, we provide underwriting expertise, breadth of cover and professional claims service. Markel offers Fintech insurance for many different markets, including but not limited to:
- Payments
- E-Banking
- InvestTech
- Wealthtech
- Insurtech
Alongside our insurance offering, in the UK we are able to offer insureds a premium selection of value-add risk management services, such as a 24/7 business and legal helpline, R&D tax relief consultancy, and cyber risk management tools.
*Please refer to your policy for the exact services included.
Coverage
- Financial services and technology liability
- Intellectual property (IP) infringement
- Payment services regulations failure
- Directors and officers liability
- Regulatory investigation costs
- Theft
- Cyber liability and loss
- Business interruption
- Extortion
- Crisis management costs (including 24/7 helpline and breach services)
Capacity
- USD 20M
- GBP 10M
- EUR 15M
Broker testimonial
“Markel’s FintechRisk+ really stands out in the fast-paced fintech space. The core cover is strong, and the cyber support like 24/7 breach response and crisis PR, is a real asset. But what sets it apart is the added value: clients get unlimited access to Markel’s tax and legal advice, including a helpline for business and employment issues and a contract review service. That kind of support makes a real difference for growing Fintechs facing constant operational and regulatory change.”
Get in touch
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