# Corporate Insurance Products Markel Insurance Launches the InsurtechRisk+ Product for Businesses By Kanesa D | Published 2025-06-11 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/markel References: [prnewswire](https://www.prnewswire.com/news-releases/markel-launches-insurtechrisk-product-for-insurtech-businesses-302478054.html) & [markel](https://www.markel.ca/)  Markel Insurance, the insurance division of [Markel Group Inc.](https://www.trendhunter.com/trends/voom-ebike-insurance), has introduced InsurtechRisk+, a tailored insurance solution designed specifically to meet the evolving needs of [insurtech companies](https://www.trendhunter.com/trends/ethos-technologies) operating across the UK, Europe, Australia, Asia, and Canada. Built as an all-in-one coverage package, InsurtechRisk+ includes four key pillars: [technology and insurance services liability](https://www.trendhunter.com/trends/underwriting-platform), directors and officers (D&O) liability, crime protection, and cyber risk coverage. Businesses can secure coverage limits of up to £10 million, offering peace of mind as they scale and navigate regulatory and technological complexities. Much like Markel’s successful FintechRisk+ product, InsurtechRisk+ policyholders will gain complimentary access to a suite of advisory and support services, including 24/7 legal, business, and HR advice, R&D tax consultancy, debt recovery services, grant and funding guidance, contract reviews, and a cyber risk management toolkit. Image Credit: Markel Insurance ## Trend Insights (Trend Hunter) - Score: 3.2/10 - Popularity: 26% | Activity: 30% | Freshness: 41% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) ## Key Themes ### Key Themes Behind This Trend - **Insurtech Insurance Customization:** Tailored insurance products, such as InsurtechRisk+, are transforming the insurtech sector by offering customized coverage that addresses specific industry challenges and regulations. - **Comprehensive Coverage Solutions:** The emergence of all-in-one coverage packages disrupts traditional insurance models by integrating multiple risks into a single product, thus simplifying risk management for companies. - **Integration of Advisory Services:** The inclusion of complimentary advisory and support services with insurance products provides a competitive edge, leveraging value-added offerings that extend beyond traditional coverage. ### Where This Applies - **Insurtech Industry:** The insurtech industry is rapidly evolving with bespoke insurance solutions like InsurtechRisk+, which cater specifically to tech-driven enterprises and their unique risk profiles. - **Legal and Advisory Services:** Legal and advisory services are becoming an integral part of insurance offerings, signaling a shift towards holistic solutions that support business operations beyond mere risk coverage. - **Cyber Risk Management:** As cyber threats evolve, the cyber risk management industry is set to expand its influence within insurance ecosystems, driven by demand for integrated protection measures in products like InsurtechRisk+. ## Related on Trend Hunter - [Life Insurance Product Expansions](https://www.trendhunter.com/trends/underwriteme.md) - [Cyber Risk Solutions](https://www.trendhunter.com/trends/cyber-risk-solution.md) - [Risk-Protecting Cyber Systems](https://www.trendhunter.com/trends/guy-carpenter.md) - [Cyber Risk Protection Apps](https://www.trendhunter.com/trends/zurich-insurance-1.md) - [Purchase Insurance Protection](https://www.trendhunter.com/trends/sure.md) - [Proactive Cybersecurity Services](https://www.trendhunter.com/trends/cybersecurity-services.md) - [Small Business Insurance Policies](https://www.trendhunter.com/trends/td-insurance-for-business.md) - [Smart Home Insurance Services](https://www.trendhunter.com/trends/sky-protect-smart-home.md) - [Renter Insurance Packages](https://www.trendhunter.com/trends/coop-insurance.md)