Markel launches policy for social welfare sector

Markel UK launches policy for social welfare sector

Markel UK Limited, the retail division of Markel International, has announced the launch of a social welfare insurance product.

Developed following three years of research, the new product caters for the social welfare sector and is aimed at covering three areas of risk; responsibility to third parties, responsibility as an employer and protection of assets.

Steve Carroll, managing director, Markel UK, commented: "We appreciate that the extreme diversity of this sector - consisting of private, public and voluntary organisations that cater for the young, elderly, vulnerable and disadvantaged members of society - results in a real need for an understanding of individual circumstances and the ability to look at each risk individually to tailor our offering to clients needs."