Markel Debuts InfoPro, New IT Professional Liability Policy Form
June 05 2009 - 12:33PM
PR Newswire (US)
RICHMOND, Va., June 5 /PRNewswire/ -- Markel Corporation announced
the release of its new InfoPro policy form targeted to information
technology professionals. InfoPro offers many attractive, new
features, which the company expects to be very competitive in the
marketplace. "Our new coverage features target the type of
exposures an IT professional is most likely to need to protect
against, and we believe our new form will be a great fit for all
types of IT pros," said Michael Carr, Markel's director of IT
Professional & Data Security. According to Carr, some of
InfoPro's most desirable coverage highlights include the following:
-- Professional liability coverage that automatically applies to
broadly defined technology services, while retaining the ability to
schedule additional services tailored to the insured's business. --
Core coverage that includes Markel's DataBreach(SM) and Privacy
Liability, which further extends to unauthorized access to the
named insured's system, as well as to client systems arising out of
the insured's professional services. -- No sub-limit on the defense
of regulatory claims arising out of an "unauthorized access." --
Deductible credit for claims settled via mediation. -- A Claims
Made form, rather than Claims Made & Reported. -- First dollar
Supplementary Payments coverage, in addition to the aggregate for
Breach Mitigation (notification, voluntary credit monitoring &
public relations). -- Optional first party coverage for data breach
loss to insured. Covers insured's own expenses to recover from an
unauthorized access. -- Optional electronic media liability
coverage for the insured's software, the content of the insured's
web site and web content provided to clients as part of the
insured's professional services. Markel Corporation markets and
underwrites specialty insurance products and programs for a variety
of niche markets. In each of these markets, the Company seeks to
provide quality products and excellent customer service so that it
can be a market leader. The financial goals of the Company are to
earn consistent underwriting profits and superior investment
returns to build shareholder value. Visit Markel Corporation on the
web at http://www.markelcorp.com/ DATASOURCE: Markel Corporation
CONTACT: Letha E. Heaton, +1-847-572-6250, , Gail A. Strejc,
+1-847-572-6252, , or Miriam Balavender, +1-847-572-6286, , all of
Markel Corporation Web Site: http://www.markelcorp.com/
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