What Are the Key Differences Between Counterpart and Markel Insurance Crime Insurance?
Cyber Module or Commercial Crime Product
Markel’s reviewed material places eCrime in the fraud and unauthorized-use section of Cyber 360, describing possible expenses for unauthorized transfers and fake payment instructions; it does not establish a standalone commercial crime policy. Counterpart publishes a named Commercial Crime product with employee theft, forgery, computer fraud, funds-transfer, and social-engineering examples. Buyers should compare the policy line and trigger, not assume the shared transfer-fraud phrase means equivalent protection. [4] [6]
Policyholder Scope and Quote Questions
Markel’s eCrime description applies to Cyber 360 policyholders and says actual availability and terms depend on the quoted policy. Counterpart’s crime page addresses small businesses and lists employee and payment-fraud examples; its help center describes wholesale-broker access. Counterpart’s product-level record does not map an issuer to a particular placement. If you already carry Cyber 360, check whether eCrime is included and how it coordinates with crime; otherwise ask what Counterpart’s proposed form expressly covers. [4] [5] [3] [6]