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Markel UK looking to brokers to bridge cyber gap

cyber

Markel UK has launched its previously promised standalone cyber product for UK SMEs, and is hoping to work with brokers to address issues with selling to customers.

The standalone cyber product was launched on 23 September having been trailed at the start of the month.

While Markel has globally had a cyber product before, this is the first one to be a standalone product specifically for SMEs.

Mark Lowther, head of technology and cyber underwriting at Markel UK told Insurance Age: “We’ve always had a cyber offering, but the latest product is to improve the proposition, improve the policy wording, and simply try and penetrate more of the SME market.”

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