For over 50 years, Markel has been developing bespoke insurance products to protect clients across the livestock industry from unusual and emerging risks. The team of expert underwriters work closely with a wide range of clients, from individual farms to international livestock operations, to develop market-leading animal mortality insurance solutions.
In 2016, Markel enhanced its offering by partnering with five respected Lloyd’s syndicates (Tokio Marine Kiln, Beazley, Faraday, Liberty, and Arch) to create the Markel Livestock Consortium – an insurance arrangement that means clients benefit from the simplicity of one insurer with the financial strength of six. Clients can now access specialist insurance coverage on a scale previously unavailable in all other markets.
The Markel Livestock Consortium offers the largest single risk capacity in the world (USD 30m for any one location / USD 20m for in transit) and provides clients with unique stability and security. The consortium structure means that clients can be confident of cover in advance of renewal, allowing them to operate undisturbed year-to-year.
By working closely with our clients to develop a deep understanding of their business, and drawing on decades of experience, we develop solutions to protect clients against unique and complex risks as they emerge. Our experienced perspective and unique data set supports nuanced underwriting, and our collaborative approach instils confidence in our clients because cover is designed through consultation and with transparency.
Our underwriting is built on an understanding that risks and their impact will evolve. The spread of infectious disease in recent years serves as an example of the way risks and their severity can change quickly and significantly. Our underwriters are dedicated to researching, understanding, and responding to risks to ensure that clients can be protected now and in the future.
For a consultation or quote, please contact our team.
Markel Livestock Consortium Members
Lead insurer: Markel Syndicate 3000
Tokio Marine Kiln
We offer USD 30m for any one location / USD 20m for in-transit, which is the largest single risk capacity available worldwide.
Our policies insure losses caused by major events that result in the death of animals. We provide cover for most animal types and we specialise in cattle, poultry, and pigs. Our cover is available in all continents. Coverage options include: all-risks mortality, government slaughter, business interruption, standalone fire, value of the animal, clean-up costs, and increased cost of working. To learn more, please contact our underwriting team.
As the lead insurer, Markel Syndicate 3000 is the single underwriting contact, representing all member markets, which makes discussions, policy design, and claim settlements straightforward. The Markel Livestock Consortium benefits from the most experienced livestock underwriting team in the Lloyd’s market.
Coverage is provided by one or more of the insurance companies within Markel and policyholder services are provided by the underwriting manager, Markel Service, Incorporated, national producer license # 27585, in California d/b/a Markel Insurance Services, license # 0645481. Certain products and services are provided through various non-admitted insurance company subsidiaries of Markel and are offered through licensed surplus lines brokers or through Markel West Insurance Services, California license # 2E11302. Markel Specialty is a business division of Markel Service, Incorporated. Insurance carrier, coverage, dividends, and services availability may vary by state. Terms and conditions for rates and coverages varies. Insurance and coverage are subject to availability and qualifications and may not be available in all states. Coverage descriptions listed are intended to be brief and do not replace actual policy language. Nothing herein shall be construed as an offer to sell or a solicitation or offer to purchase any products or services. Markel® is a registered trademark of the Markel Group Inc., a Fortune 500 corporation.
This website is owned and operated by Markel Capital Holdings Limited on behalf of the group of the UK-based businesses within Markel International which is the London-based operation of the Markel Group.
Non-EEA cover is written by Markel Syndicate Management Limited (in its capacity as managing agent for Syndicate 3000 at Lloyd’s) with company number 03114590, whose registered office is at 20 Fenchurch Street, London EC3M 3AZ, United Kingdom. Syndicate 3000 is regulated by the Prudential Regulation Authority and Lloyd’s.
EEA cover is written by Markel Insurance SE with company number HRB 233618, whose registered office is at Sophienstrasse 26, 80333, Munich, Germany. Markel Insurance SE is authorised & regulated by BaFin.
Markel Group is the ultimate holding company for Markel Insurance SE and Markel Syndicate Management Limited.