Financial advisors

Coverage
  • Professional liability coverages (E&O)
  • Directors & Officers (D&O) liability coverage
  • DataBreach, wire fraud and electronic media liability
  • Right and duty to defend
  • Extended coverage for your services
  • Our broad definition of covered activities encompass a variety of professional services
  • We also offer premium discounts for professional designations and risk management strategies

Target classes
Limit options from $100,000/$200,000 to $5,000,000/$5,000,000
Markel provides coverage for the following financial service professionals:
  • Registered investment advisors (RIAs)
  • Financial planners/advisors
  • Pension consultants
  • Broker-dealer/RIA’s
  • Investment management consultants
  • Investment advisory representatives (IARs)
  • Divorce financial consultants
  • Registered representatives
  • Life insurance agents
  • Our policy automatically includes:
    • Coverage for your in-house Chief Compliance Officer
    • Coverage for your acts as a fiduciary: Professional services rendered while managing client’s retirement plans
    • Personal liability protection from the Pension Protection Act of 2006
  • Coverage for mainstream investments, including: ETFs - exchange traded funds (non-leveraged) Alternative investment strategies in mutual funds and non-leveraged ETFs
  • 50% waiver of deductible for settlement of claim through mediation (up to $12,500)
  • Pricing and coverage stability due to conservative underwriting

Executive leadership

Jim Gray
Executive Underwriting Officer, Professional Liability
441-294-2261
jimg@markelcorp.com

Product leadership

Travis Pearson
Director,
Underwriting and Production
804-527-7612
tpearson@markelcorp.com

Gregory Severinghaus
Associate Underwriting Manager,
Professional Liability
804-527-7925
gseveringhaus@markelcorp.com