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Stock impact report

Markel rolls out Storage Tank Liability insurance via digital platform in Canada [Yahoo! Finance]

Markel Corporation (MKL) 
Last markel corporation earnings: 4/28 04:54 pm Check Earnings Report
US:NYSE Investor Relations: markelcorp.com/investor-relations
Company Research Source: Yahoo! Finance
The launch enables Canadian brokers to access specialised liability cover tailored for businesses operating underground and above-ground storage tanks. Industries that can benefit from this coverage include petrol stations, automotive repair shops, camping sites, commercial premises and golf courses. The STL insurance is designed to protect against third-party claims arising from environmental risks linked to storage tanks. Coverage includes property damage, bodily injury, clean-up costs (both off-site and on-site), civil fines and penalties, as well as crisis management expenses. For businesses in Canada, except in Quebec, STL is currently available via Markel Connect with minimum premiums beginning at C$500 ($356) for coverage limits of C$1m. The platform enables brokers to quote, bind, as well as issue policies at any time, while also offering instant notifications of declines and fast referral processing. Brokers get access to coverage options up to C$5m, competitive ra Show less Read more
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