What Are the Key Differences Between Cowbell and Markel Insurance Crime Insurance?
Program and Risk-Bearing Roles
Cowbell distributes crime as a module in Zurich’s Select Plus management-liability product, and the record says Zurich underwrites that module. Markel lists eCrime as one component of Cyber 360, without establishing a separate commercial crime policy on the reviewed page. The distinction matters when you need a crime policy rather than a cyber extension: ask for the full Select Plus module wording and the Cyber 360 eCrime section, not just the product names. [3] [4]
Eligibility and Access Route
Cowbell targets the crime module at private companies with fewer than 250 employees and $50 million in assets, and says appointed Zurich E&S wholesalers access it through Cowbell’s API; businesses do not buy it directly. Markel describes eCrime for Cyber 360 policyholders and directs buyers to the quoted policy for availability. A business approaching either provider should confirm whether it qualifies and identify the broker or wholesaler who can request the relevant placement. [3] [4]
Fraud Scope and Limits
Cowbell describes protection against criminal acts such as theft, fraud, and embezzlement by employees or third parties, but its reviewed pages publish no crime limit or retention. Markel names unauthorized transfers and fake payment instructions as eCrime examples, with exact availability and terms left to the quote. These summaries identify different scenario detail, not comparable limits; request the crime schedule and wording from each placement before assessing a potential loss. [3] [4]
What Should You Confirm in Cowbell and Markel Insurance Crime Insurance Quotes?
- Ask the Cowbell wholesaler which Zurich insurer will issue the policy and provide the crime limit, retention, and any sublimits. [3]
- Ask Markel whether Cyber 360 includes eCrime for your placement and how its limit applies to fake payment instructions. [4]
- Confirm that each program covers the specific employee, third-party, or transfer scenario in your controls and loss plan. [3]