Acturis, the UK’s leading SaaS provider for general insurance, has added Markel’s UK Management Liability Package product to its platform. This launch forms an important part of Markel’s wider growth strategy and reflects its ongoing commitment to expanding its eTrade presence by bringing more of its specialist products to market digitally.
Management Liability Package is a specialist insurance solution designed to protect SME company directors and officers against claims arising from the management and running of the organisation. The policy brings together multiple sections of cover under one product, including: Directors & Officers Liability, Entity Defence, Employment Law Protection, Fidelity, Legal Expenses Insurance and Cyber.
The cover is aimed at a wide variety of industries, including professional & business services, manufacturing & engineering, retail, wholesale & distribution, property & construction, charities, education & care organisations and technology.
As a modular and flexible product, Management Liability Package enables brokers to place all selected covers through a single quote and a single policy, streamlining the entire journey. Its primary cover element—D&O—adds an extra layer of protection by requiring all beneficiaries, including retired directors, to approve any cancellation, creating a built‑in fail‑safe. The Employment Law Protection element has grown in importance amid pressures linked to the Employment Rights Bill, while the inclusion of Legal Expenses Insurance and Cyber further strengthens the proposition by delivering comprehensive protection within the same unified quote and policy at a time when both legal and cyber exposures continue to rise.
Backed by five-star-service*, customers also benefit from a range of added-value benefits, including: risk management and health & safety advice, 24/7 access to cyber and business & legal helplines, the Business Hub, PR crisis management and a contract review service.
We are delighted to see our management liability package product go live on Acturis. With SMEs operating in an increasingly challenging and litigious environment, our Management Liability Package package provides a vital layer of protection for business leaders. By combining robust core cover with practical added value services, it gives directors and officers meaningful support when they need it most and confidence to focus on running and growing their operations.
Nick Burgess, Head of Professional & Management Risk UK at Markel
This is the third Markel product to go live on our platform in the last 12 months and reflects the strong momentum behind our partnership. Markel’s approach provides brokers with easy-to-trade specialist solutions for UK SME clients, and adding their Management Risks Bespoke product to our Management Liability Package panel provides another important form of cover.
Simon De Ferry, Chief Insurance Products Officer at Acturis
* For the third year in a row, brokers have voted Markel the top insurer for service in the UK – Link