What Is Markel Insurance Company?

Overview

Markel Insurance Company is a global leader in specialty insurance, providing tailored solutions to businesses, professionals, and individuals worldwide. It assembles and delivers a comprehensive suite of solutions, including insurance, reinsurance, fronting, and insurance-linked securities, to address its clients' complex risk management needs. Backed by their expertise in underwriting and personalized customer service, Markel aims to protect clients and guide them through the intricacies of insurance. 

Markel Insurance Company Pricing 

The cost of Markel products and services may differ depending on the individual/organization’s type and needs. Click Get Quote for a customized pricing plan.

Who Is Markel Insurance Company For? 

Markel Group Insurance Company caters to individuals, employers, and businesses of all shapes and sizes across various industries. These include but are not limited to the following sectors:  

  • Medical Services
  • Finance
  • House and Farm
  • Sports and Fitness
  • Technology
  • Commercial and Residential Services
  • Education

Markel Insurance Company Services 

Markel Insurance Company offers a diverse range of services tailored to meet the specific needs of its clients. Here are five key services provided by Markel:

Property Insurance

Markel property insurance coverage is offered to protect businesses and individuals against property damage, such as fire, theft, vandalism, and natural disasters. This coverage helps clients recover financially from property-related losses.

Specialty Insurance

The company specializes in providing insurance products and services tailored to businesses and industries' unique needs. They offer specialty coverage for sports and entertainment, horse and equine, marine, and more sectors. Markel specialty insurance policies also address the specific risks associated with these industries.

Workers' Compensation Insurance

Markel offers workers' compensation insurance, which provides wage replacement and medical benefits to employees who suffer work-related injuries or illnesses. It helps employers fulfill their legal obligations and protect their workforce.

Professional Liability Insurance

Professional liability insurance, also known as errors and omissions (E&O) insurance, provides coverage for professionals against claims arising from errors, omissions, negligence, or inadequate professional advice. This insurance coverage is crucial for professionals such as doctors, lawyers, consultants, and architects. Overall, Markel insurance policies offer comprehensive protection and financial support of professional liability claims.

Is Markel Insurance Company Right For You?

Markel Insurance Company, with over 70 years of experience in niche markets, offers comprehensive coverage options tailored to the specific needs of individuals and businesses. Their expertise sets them apart as a reliable insurance provider. Moreover, the company excels in underwriting innovative property and casualty solutions for various risks, including standard and hard-to-place scenarios.

Markel Insurance Company is a trusted choice for those seeking reliable and innovative insurance solutions with a commitment to customer satisfaction, personalized support, and a strong network of 5,000 employees worldwide. Their dedication to understanding requirements and offering tailored solutions, such as Markel business insurance, makes them a preferred partner in the insurance industry.

You may also read Markel Insurance reviews to learn more.

Still not sure if Markel Insurance Company is right for you? Call our customer support team at (661) 384-7070 and it will help you make the best decision.

Markel Corporation Reviews

Overall Rating

3.7

15 Review(s)

Rating Distribution

5

star

(5)

4

star

(3)

3

star

(4)

2

star

(3)

1

star

August 2023

Satisfactory Home Insurance

L. Carter

Individual

Ease of use

8

Value for money

8

Customer Support

6

Functionality

6

Pros

We have found Markels home insurance to be comprehensive, offering protection against various perils.

Cons

The policy setup process was a bit lengthy and involved, requiring more documentation than expected.

July 2023

Reliable Workers Compensation

E. Johnson

Johnson Farms

Ease of use

8

Value for money

9

Customer Support

8

Functionality

10

Pros

Markels workers compensation insurance has been a reliable solution for our farm business. It ensures that our employees are covered in case of work-related injuries or illnesses.

Cons

Yet, their pricing can be higher compared to other providers in the market.

July 2023

Tailored Professional Liability Coverage

M. Taylor

Taylor Family

Ease of use

8

Value for money

9

Customer Support

9

Functionality

9

Pros

Markel Insurance Companys professional liability insurance coverage has been a lifesaver for our family-owned consultancy business. It offers peace of mind knowing that were protected against errors and omissions that could potentially impact our clients.

Cons

On the downside, their website could be more user-friendly and intuitive.