Markel Insurance, an operation within Markel Group Inc. (NYSE:MKL), has launched Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis to address the specific needs of Canadian clients in technology and financial technology sectors.

Markel Insurance’s Cyber 360 Canada is designed for Canadian clients seeking standalone cyber coverage, aiming to provide robust protection against evolving threats. This product includes a comprehensive suite of pre-breach services developed in collaboration with industry experts, intending to support clients throughout their risk transfer lifecycle. Partners for these services include breach coach providers, forensic and data restoration firms, and ransom negotiators, offering 24/7 access to resources before, during, and after a cyber incident.

The Tech 360 Canada policy is a modular primary insurance solution tailored for the technology sector. It offers flexibility for clients to combine Technology Errors and Omissions (E&O) coverage with Cyber coverage and various components of Management Liability, such as Directors and Officers, Employment Practices Liability, and Fiduciary Liability, all under a single policy.

Fintech 360 Canada builds on Markel’s existing Fintech policy and is specifically structured for fintech organizations. It provides customizable coverage options that can include Cyber Liability, Management Liability (Directors and Officers, Employment Practices Liability, Fiduciary), Theft and Crime coverage, and specialized Fintech Errors and Omissions protection. This offering reinforces Markel’s presence in the Canadian financial technology market.

Ed Rawe, Assistant Vice President, Cyber, stated, “We are thrilled to introduce our new suite of Canada 360 products. This launch reflects our commitment to understanding the dynamic needs of our clients and providing them with comprehensive solutions. We hope that our standalone solutions, paired with comprehensive value-added services, will give our clients the confidence and assurance that their risks are effectively managed and their business continuity is protected.”