Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings to address the evolving risk needs of Canadian technology and FinTech clients.
The policies will provide robust coverage solutions against complex cyber threats and operational liabilities, according to FF News.
Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada, are available on a primary basis.
Delivering standalone cyber coverage for Canadian clients, Cyber 360 Canada tackles emerging cyber threats while offering pre-breach services via partnerships with leading industry experts.
Tech 360 Canada is a modular solution letting technology companies combine Technology Errors and Omissions coverage with Cyber coverage and Management Liability—including Directors and Officers, Employment Practices Liability, and Fiduciary Liability—under a single policy.
Fintech 360 Canada builds on Markel’s existing Fintech policy, providing bespoke coverage including Cyber Liability, Management Liability, Theft and Crime coverage, and tailored Fintech Errors and Omissions protection.
Markel Canada also works with breach coaches, forensic and data restoration firms, ransom negotiators, and other specialists, ensuring clients have access to expert support before, during, and after cyber incidents.
Services are available 24/7, offering guidance to navigate complex cyber risks.
Ed Rawe, Assistant Vice President, Cyber, said, “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.”
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