Hub International vs Markel: Commercial Crime Insurance

Employee theft, vendor theft and funds-transfer fraud cover is what HUB International brokers; Markel Insurance lists eCrime in Cyber 360 for fraudulent transfers and fake payment instructions, subject to policy terms.

Van Ness Partners presents a practical comparison of source materials relevant to financial crime exposures.Research updated 2026-09-30

Crime coverage

HUB International

  • role: HUB brokers commercial crime insurance rather than underwriting the coverage itself. Crime insurance product page as read 2026-09-23; the page does not name an issuing insurer.company-reportedSource ↗
  • coverage: HUB lists crime coverage types it arranges as employee theft, vendor theft, forgery, asset misappropriation, computer fraud and funds transfer fraud. Product-page coverage list; the issued policy and its exclusions control an actual claim.company-reportedSource ↗
  • eligibility: HUB says crime coverage is available for private, public and not-for-profit organizations. Product-page organization-type list; not a published underwriting appetite by size or industry.company-reportedSource ↗
  • coverage: HUB cites industry statistics that organizations lose about 5% of revenue to fraud each year, that fraud often takes about 18 months to detect, and that more than 23% of fraud cases result in losses of $1 million or more, to frame the need for crime coverage. Product-page statistics are company-cited figures, not independently verified by Spot, and are general fraud statistics rather than HUB-specific claims data.company-reportedSource ↗
  • insurer: The crime insurance page does not name an issuing insurer; HUB places crime coverage with carriers that vary by client and placement. Checked the crime insurance product page on 2026-09-23; no carrier is disclosed there.not-foundSource ↗
  • limits: Published policy limits, deductibles or premium information for HUB-placed crime coverage were not found on the product page. Checked the crime insurance product page on 2026-09-23; limits are set on the quote and declarations.not-disclosedSource ↗
  • application: HUB directs prospects to connect with a broker through its business-insurance contact page; no online quote flow is described. Product-page call to action as read 2026-09-23.company-reportedSource ↗

Markel Insurance

  • role: Markel lists eCrime within the fraud and unauthorized-use section of Cyber 360; the reviewed source does not establish a standalone commercial crime policy from this page. Cyber policy component only; not a fidelity bond.company-reportedSource ↗
  • coverage: The page says eCrime may cover expenses from fraudulent activity such as unauthorized money transfers and fake payment instructions, subject to policy terms. Cyber 360 marketing description; does not establish a general crime-form grant.company-reportedSource ↗
  • eligibility: Markel describes these resources and coverages for Cyber 360 policyholders; the exact availability and terms require the quoted policy. Policyholder-specific access and policy wording apply.company-reportedSource ↗

What Are the Key Differences Between HUB International and Markel Insurance Crime Insurance?

Crime Placement and Covered Scenarios

HUB brokers commercial crime insurance and lists employee theft, vendor theft, forgery, asset misappropriation, computer fraud, and funds-transfer fraud. Markel describes eCrime within Cyber 360, including unauthorized transfers and fake payment instructions, but does not establish a standalone crime policy. If you want to compare a crime placement against a cyber component, ask HUB for the crime form and Markel for the Cyber 360 wording; the brief descriptions do not establish how overlapping transfer events are handled. [3] [4]

Organization Types and Access

HUB says its crime coverage is available to private, public, and nonprofit organizations and directs prospects to connect with a broker; it does not describe an online quote flow. Markel’s eCrime is described for Cyber 360 policyholders, with exact availability left to the policy. Buyers can use HUB’s stated organization range as an initial fit check, while Markel buyers should verify that the cyber quote includes the eCrime component. [3] [4]

Limits and Policy Terms

HUB’s product page does not publish limits, deductibles, or premiums. Markel likewise leaves eCrime terms to the quote. Neither page supports a numeric comparison, so request the crime limit, any sublimits, retention, and exact insurer from HUB, and the corresponding eCrime schedule from Markel. [3] [4]

What Should You Confirm in HUB International and Markel Insurance Crime Insurance Quotes?

  • Ask HUB which carrier will issue the policy and provide limits, deductibles, and the definitions for vendor theft and funds-transfer fraud. [3]
  • Ask Markel whether Cyber 360 eCrime is included and request its wording for unauthorized transfers and fake payment instructions. [4]
  • Have both advisers explain how they would distinguish a crime loss from a cyber loss involving the same transfer. [3] [4]

HUB arranges crime coverage for private, public, and nonprofit organizations and lists employee theft, vendor theft, forgery, computer fraud, and funds-transfer fraud. Markel’s eCrime examples sit within Cyber 360 rather than a demonstrated standalone crime policy.

Sources consulted

  1. 01
    Commercial Insurance Guide

    California Department of Insurance · Crime · accessed 2026-09-16

  2. 02
    Social Engineering Fraud Insurance

    Chubb · Opening; coverage highlights · accessed 2026-09-16

  3. 03
    Crime Insurance Brokers

    HUB International · Fraud-loss statistics; coverage types: employee theft, vendor theft, forgery, asset misappropriation, computer fraud, funds transfer fraud; organization types: private, public, not-for-profit; Connect With a Broker · accessed 2026-09-23

  4. 04
    Cyber Insurance Coverage

    Markel · Cyber 360 coverage options: media liability; technology professional liability; eCrime; coverages listed within the cyber policy · accessed 2026-09-29

  5. 05
    Crime Terms and Conditions

    The Travelers Companies, Inc. · I.A–G, printed/PDF pages 1–4; III.RR, printed/PDF p.13; V.B.1–2, printed/PDF pp.18–20; Consideration, printed/PDF p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; I.A.3 p.1; III.C p.7; III.S pp.8–9; III.II and III.KK p.12; III.QQ p.13; V.A.5 pp.17–18 (printed/PDF pages); IV.J–O, printed/PDF pages 14–15 · accessed 2026-09-16

  6. 06
    Crime Non-Financial Applications and Forms

    Travelers · Opening paragraph; Sample Policy Forms · accessed 2026-09-16

  7. 07
    Commercial Crime Coverage Application

    Travelers Casualty and Surety Company of America · I–III pages 1–2; IX–XI pages 3–4; V–VII, printed/PDF pages 2–3 · accessed 2026-09-16

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