What Are the Key Differences Between CNA and Markel Insurance Crime Insurance?
Offering Structure and Distribution
The product placement differs materially: CNA documents crime as a management-liability coverage, while Markel’s reviewed source establishes an eCrime feature within Cyber 360 and does not establish a standalone commercial crime policy. Markel describes possible expenses from unauthorized transfers and fake payment instructions, subject to the policy terms. CNA’s reviewed claim does not enumerate a parallel crime-trigger list. [3] [4]
Coverage Detail and Buyer Fit
CNA lists crime within Management Liability, while Markel’s cited Cyber 360 page describes eCrime as a feature inside a cyber policy. If you need employee-theft or payment-fraud protection, ask whether CNA’s proposed crime form and Markel’s eCrime feature respond to the same loss; the labels alone do not establish shared triggers, excess status or how exclusions interact. [3] [4]
What Should You Confirm in CNA and Markel Insurance Crime Insurance Quotes?
- Ask Markel whether its proposal is Cyber 360 eCrime only or includes separate crime coverage, and ask CNA for its specific crime form and selected policy parts. [3] [4]
- Request the payment-instruction, computer-fraud and employee-theft wording from both and ask how overlapping cyber and crime claims are coordinated. [3] [4]