Markel UK, Leeds, December 8, 2015 --- Markel UK, the specialist insurer, has launched a new product designed to meet the specific insurance needs of not-for-profit organisations.
Markel’s not-for-profit product, based on its successful social welfare policy, caters for a wide range of charities and non-profits, from professional and trade bodies, to grant making and research organisations.
It offers comprehensive cover for three main areas of risk that not for profit organisations will face, specifically, their responsibility to third parties, including public and professional liability; responsibility as an employer, including employer’s liability; and protection of property and physical assets.
Wendy Cotton, technical line manager, social welfare, commented: “Despite the tough economic climate, the UK charity and not for profit sector continues to flourish, providing diverse and much needed services to all areas of the community.
“As an experienced insurer of many charitable organisations we understand that it is crucial to have the right level of insurance cover to avoid the potentially devastating impact even a small claim can have. Building on the success of our existing not-for-profit product the new policy widens the scope of cover available, providing a comprehensive solution to respond to the insurance needs this sector requires.”
For more information:
Helen Walker, Marketing Manager 0113 261 5824
Michael Henman, Director of Communications 020 7953 6000
Notes to editors:
Markel (UK) Limited is a leading specialist insurer providing insurance for a variety of professional, management, social welfare, charitable and speciality property/liability risks for organisations of all sizes.