Cyber coverage options
We offer line sizes up to £/€/$10m on Company or Lloyd's paper. In Asia, our local currency maximum line sizes are HKD 75m and SGD 10m. We write business on a primary and excess basis, and we write business on a worldwide basis (excluding sanctioned territories). Key coverages include:
First-party loss (on a first-discovered basis)
- Privacy breach notification and mitigation costs
- System and data rectification costs, including bricking, to full limit
- Business interruption extends to critical service providers, system failures, and preventative shutdown
- Extortion costs cover
- Regulatory investigations, and fines, including Payment Card Industry Data Security Standard (PCI DSS)
Third-party liability
- Cyber and privacy liability
- E-media
- Professional and technology services liability
We participate on global cyber programs, for the very largest global cyber risks, whether on a co-insurance, excess layer, or primary basis. We will consider a direct or reinsurance basis, and are happy to work with self-insurance or captive backdrops.
We can also consider cyber binding authorities, lineslips, providing capacity to Managing General Agents (MGAs), or via similar facilities where small or medium-sized enterprise (SME) cyber is often transacted. We recognize the need for efficiency in this small business context.
While our Markel Cyber 360 policy is a standalone primary cyber insurance product, typically for entities with revenues between £/€/$25m and £/€/$1Bn, we are happy to consider sizes outside this range.
We target a wide spectrum of industries and have the flexibility to consider the unusual.
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Partners
Learn more about the companies that Markel contracts with to provide Cyber 360 policyholder agreements.
Contact our experts
United Kingdom
Chris Burgess
Director of Cyber
chris.burgess@markel.com
Ed Rawe
Senior Underwriter – Cyber
ed.rawe@markel.com
Dan Wall
Underwriter – Cyber
dan.wall@markel.com
Charlotte Nicholls
Underwriter – Cyber
charlotte.nicholls@markel.com
James Loraine
Underwriting Assistant – Cyber
james.loraine@markel.com
Canada
Christopher Kelen
Assistant Vice President, Professional & Financial Risks
christopher.kelen@markel.com
Singapore
Simon Moi
Senior Underwriter
simon.moi@markel.com
India
Anirudh Singh
Chief Underwriting Officer – India
anirudh.singh@markel.com
Deepika Mathur
Managing Director – India
deepika.mathur@markel.com
Hong Kong
Gordon Lam
Senior Underwriter
gordon.lam@markel.com
Ada Lam
Underwriter
ada.lam@markel.com