Markel: Accounting Firms Insurance Appetite

Available Lines

Key Features

• Small business casualty and property insurance covers accounting firms operations with Contractor bundles, Job site pollution, Limited product withdrawals
• Small business casualty and property insurance adds data breach response, notification costs, and regulatory defense coverage
• Workers' comp for 3-30 employees with online quoting and pay-as-you-go billing
• Markel provides professional liability (E&O) with prior acts coverage for claims arising from past work
• Online quoting available – agents can get accounting firms quotes without calling underwriting

Limitations

• No professional liability (E&O) available – must be placed with a specialty carrier
• Investment advisory services and securities work require separate financial services E&O – not covered under accounting E&O
• Audit and attestation engagements face stricter underwriting than tax preparation or bookkeeping