Special Video Edition - Products - Markel
Simon Fell, divisional managing director of Markel’s UK retail division, and product manager Simon Webster tackled life sciences.
The group has been writing the business for over 10 years, so the provider sat down with brokers in the UK and asked if there was an opportunity for a new insurer. The overwhelming response was “yes”.
It has looked to deliver a tailored product for the industry focusing on the biotechnology, pharmaceutical, medical device, dietary supplement, medical food and laboratory instruments and equipment sectors.
The life science market is regionally diverse and Markel’s research found that 90% of
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