Financial advisors

  • 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

Product leadership

Travis Pearson
Underwriting and Production

Gregory Severinghaus
Associate Underwriting Manager,
Professional Liability