What Are the Key Differences Between Coalition and Markel Insurance Tech E&O Insurance?
Cyber Bundle and How You Buy
Coalition says its Tech E&O is available only with Active Cyber, sold through appointed brokers rather than as a standalone line. Markel describes technology E&O for software/SaaS, hardware, and consultants and invites buyers or brokers to contact its team, without specifying whether cyber must accompany it. If you already have cyber elsewhere or want a combined policy, ask Markel whether standalone terms are available and compare Coalition's required package. [4] [7]
Coverage Examples and Claims Handling
Coalition lists software bugs, delivery delays, licensed-code IP claims, implementation errors, and unmet contract requirements as Tech E&O examples; it says its in-house team handles Tech E&O and cyber claims together. Markel describes technology professional liability broadly but does not enumerate claim scenarios or a dedicated claims arrangement in its record. Ask Markel who handles a client allegation and whether the policy addresses delays, implementation mistakes, and IP claims. [4] [7]
Security Monitoring
Coalition says its Tech E&O policyholders receive Control at no extra cost, including attack-surface and vendor-risk monitoring and zero-day alerts. Markel's technology E&O claim does not describe an equivalent security platform. If those services affect your decision, request the included services and any eligibility conditions in Markel's proposal. [3] [7]