Markel Corporation

Markel Corporation

15 Reviews

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 Reviews

Rating Distribution

5

star

5

4

star

3

3

star

4

2

star

3

1

star

0

Aug 09, 2023

Satisfactory Home Insurance

L. Carter

Individual

Ease of use

8

Value for money

8

Customer Support

6

Functionality

6

Pros

Weve 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.

Jul 28, 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.

Jul 14, 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.

Jul 07, 2023

Subpar Service

M. Rodriguez

Rodriguez Enterprises

Ease of use

4

Value for money

6

Customer Support

4

Functionality

5

Pros

We hoped Markels specialized coverage for manufacturing would benefit our business, but the experience has been lackluster.

Cons

Their customer support has been slow to respond, and communication regarding policy changes has been unclear.

Jun 29, 2023

Decent Coverage, Average Service

A. Patel

Business

Ease of use

8

Value for money

7

Customer Support

6

Functionality

6

Pros

Markels specialty insurance coverage for our tech business has provided a level of protection that we appreciate. They offer a good range of options to address our unique risks.

Cons

However, the customer service experience has been somewhat average. Responses to inquiries take longer than expected, which can be frustrating when seeking quick solutions.

Jun 04, 2023

Personalized Support

L. Ramirez

Ramirez Consulting

Ease of use

9

Value for money

9

Customer Support

8

Functionality

9

Pros

The personalized support weve received from Markel Insurances team has been exceptional. They took the time to understand our consulting businesss needs and provided tailored solutions.

Cons

However, there have been occasional delays in processing policy updates.

May 19, 2023

Smooth Claims Process

K. Lewis

Lewis Holdings

Ease of use

8

Value for money

9

Customer Support

9

Functionality

9

Pros

Our experience with Markel Insurances claims process has been smooth and efficient. They provided timely assistance and support when we had to file a property damage claim due to a fire incident.

Cons

However, their customer service response time for general inquiries could be improved.

May 18, 2023

Unsatisfactory Claims Process

J. Lee

Lee Family

Ease of use

6

Value for money

5

Customer Support

4

Functionality

6

Pros

We thought Markels property insurance would protect our home, but the claims process following a burglary was disappointing.

Cons

The claims processing took longer than expected, and the lack of clear communication added to our frustration.

Apr 13, 2023

Adequate Coverage

B. Williams

Business

Ease of use

6

Value for money

6

Customer Support

6

Functionality

7

Pros

Markels workers compensation insurance met our expectations, providing necessary coverage for our production crew.

Cons

However, the premium rates seemed slightly higher compared to other providers offering similar coverage.

Apr 11, 2023

Comprehensive Coverage

A. Carter

Carter Realty

Ease of use

8

Value for money

8

Customer Support

10

Functionality

9

Pros

Weve been using Markels property insurance coverage for our real estate business. Their comprehensive coverage options have given us peace of mind, knowing that our properties are protected against various risks.

Cons

However, the renewal process could be more streamlined and transparent.

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