MarkelTech - A specialist insurance package for start-up, emerging and established SME technology companies

MarkelTech combines a market leading insurance solution with a range of benefits that are unique to the technology sector.  We understand that Technology entrepreneurs and business owners operate in an evolving environment where growth is key to their success. At Markel, our job is to help them to navigate these challenges by not only providing the right level of protection but also by helping them unlock the real potential within their business.  Whether the technology business is just starting up, experiencing growing pains, or nearing an exit strategy, MarkelTech offers support and solutions throughout the journey.

MarkelTech offers combined insurance cover which is both scalable and flexible – meaning your customers can choose covers they want, the level of protection they need and can adjust the cover as their business grows:
 

Cover available:               

  • Public & product liability        
  • Professional liability
  • Employment practice liability            
  • Products financial loss            
  • Cyber                    
  • Employers liability            
  • Entity defence                
  • Directors & officers            
  • Fidelity                    
  • Property / business interruption        
  • Transit                    

Our technology specialisms

Technology products

Combined Insurance for businesses involved in the manufacture or wholesale of technology hardware and accessories.

Technology products

IT & communications

Combined Insurance for businesses involved in Software & Apps, IT Managed services, Website design and hosting, hardware and telecoms resellers.

IT & communications

Medical technology

Combined Insurance for businesses involved in the manufacture or wholesale of technology based medical and cosmetic devices

Medical technology

Expect more from your insurer

As well as offering comprehensive insurance cover and underwriting expertise, MarkelTech includes an exclusive package of benefits – all available to Markel policyholders.  Whether the technology business is a start-up, emerging or established, we have a range of services designed to support your growth agenda. 
 

Free contract review service + 24/7 legal helpline & DIY legal toolkit  

Markel work with a qualified team of lawyers to offer a contract review service as well as advice on a range of everyday legal matters such as storing customer data, GDPR, contracting with independent consultants & vendors and employment law. Alongside this our DIY Toolkit provides 670+ DIY contracts, policies, forms, and letter templates covering every area of business from employment to intellectual property, health and safety to data protection and insolvency. 

Free technology grant assessment

Markel’s Grants and Funding team has a high success rate in winning funding on cases we accept. In 2018, we  successfully secured over £6.4 million in grant funding for UK SMEs, with each project averaging £142,000. Funding opportunities can arise in a number of ways, including a new piece of equipment, a new R&D project, a property acquisition which resulted in the creation of new jobs or the investigation of the commercial and technical feasibility of a new business idea.

MarkelTech policyholders receive a free no obligation meeting or telephone conversation with one of our funding specialists to advise on the most appropriate funding available.

Additional policy benefits

Free technology tax assessment

In 2018, Markel’s Tax Consultants successfully claimed over £27.5 million for our SME clients in R&D Tax Relief and Video Games Tax Relief generating an average tax saving of £54,000per claim.
 
With a background of working within HMRC or tax consultancy firms, our Research & Development (R&D) specialists have an extensive understanding of how UK SMEs operate. This means they can produce a very robust technological and financial argument to HMRC, resulting in submissions being processed without query. Submissions do not need to be ground-breaking, innovative or novel work.  

We offer a free no obligation meeting or telephone conversation with one of our tax specialists to ascertain what incentives and reliefs you may qualify for.

Free debt recovery helpline service 

We understand the importance of cash flow for small businesses and the risks posed when a customer refuses to pay. To mitigate this risk and potential business disruption, our helpline is available to support on a number of debt recovery issues, including:

  • The merits of a claim to pursue a debt.
  • The potential for a counterclaim to be brought if the recovery action is pursued and the implications that this could have.
  • Pre-action correspondence sent to the debtor to seek to recover the debt
  • Issuing proceedings to recover the debt.
  • The merits of any defence and the litigation process if the debt is disputed.
  • Where necessary, advice on options to enforce any judgment obtained.

Key Contacts

Dave Robson

Dave Robson

North Region
0113 261 5833

Amanda McGarry

Amanda McGarry

Central Region
07741 733976

Alastair Sambrook

Alastair Sambrook

South Region
07778 482942