Charity Insurance | Social Enterprises | Voluntary Organisations | Community Groups

Markel Insurance Profile

Click on any of the headings to read more about Markel and our close working relationship with this key charity insurer.

Financial Profile

Ratings:

The following ratings for Markel were taken from their website (November 2015).

  • Fitch A+
  • AM Best A
  • Standard and Poor’s A

 

Markel Premiums:

Gross Written Premiums: In 2014, the Insurance Times reported Markels latest GWP as £207.4m

Markel Appetites
  • Charities and Community Groups

  • Social Welfare Organisations – Providing support to disadvantaged people

  • Professional and Management Risks

  • Professional and Management Risks

We Say....
Tim-Small.jpg

Tim Larden

Managing Director

At Ladbrook, we have a strong relationship with Markel.

Markel have a broad appetite for working with third sector organisations and we have helped place a wide range of our charity clients business with them.  However, Markel really come into their own when handling complex risks, particularly those in their sweet spot, social welfare.  Here, Markel bring a policy wording, underwriting expertise and risk management approach that we feel is class leading.

Markel Insurance also boast a strong presence in the North.  While having a nationwide presence, they are headquartered in Leeds.

Ethical Policy

Markel have a strong corporate and ethical approach to business.  The following are their own stated policies.

Corporate responsibility

We are committed to supporting charities, the local community and the environment. Our policy is to:

  • Support local community projects through the direct involvement of employees by giving every employee up to three days paid leave a year to volunteer
  • Encourage employees to seek new ways to support charitable and environmental causes, both individually and collectively
  • Respond to national or global catastrophes and deprivation by assisting with staff fund-raising and matching donations or sponsorship through the Markel Match Programme
  • Provide corporate donations of cash or time to selective welfare organisations and charitable bodies
  • Organise specific fund-raising activities to supplement corporate donations

Our chosen charity is Carers Trust, an organisation created on the initiative of Her Royal Highness The Princess Royal in 1991. We have raised over £150,000 for this deserving cause since 2008 and as a social welfare insurer we are only too aware of the tremendous amount of work and responsibility taken on by individual carers. With a combination of corporate and staff fundraising initiatives, including dress down days, sponsorship and challenges, we generate funds for the charity so it can maintain its vital services supporting carers. Plus, for every new policy bound on our broker e-trading system, we contribute £1 to this great cause.

Environmental statement

Our goal is to minimise our environmental impact while adhering to our corporate philosophy, expressed in the Markel Style.

We will use only necessary consumables and we will recycle wherever possible. We review our environmental performance continuously.

To help us achieve these goals, we stay fully informed about the latest environmental developments and practices.

More About Markel

Markel have produced their own promotional pdf promoting their services.  You can read more about Markel and their claims service here:

Markel Insurance – Why Choose Markel?

Markel also provide further information on their website: About Markel.

Markel Insurance, Verity House, 6 Canal Wharf, Leeds LS11 5AS