Markel - About the company
Markel is an unfunded company based in Toronto (Canada), founded in 1951. It operates as a Provider of commercial insurance policies for small business risk coverage. Markel has not raised any funding yet. The company has 11 active competitors, including 3 that have exited. Its top competitors include companies like Promutuel Assurance, MyChoice and Onlia Holding.
Company Details
Provider of commercial insurance policies for small business risk coverage. Offerings include professional liability, management liability, environmental liability, and property and casualty insurance products. Digital portals allow for the quoting, binding, and issuance of policies for various industries including construction, manufacturing, and professional services. Underwriting services facilitate the arrangement of coverage for business operations and environmental risks.
Key Metrics
Founded Year
1951
Location
Toronto, Canada
Stage
Unfunded
Ranked
2nd among 11 active competitors
Employee Count
145 as on Sep 30, 2026
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Markel's funding and investors
Markel has not raised any funding rounds yet.
Markel's founders and board of directors
Founder? Claim ProfileMarkel's employee count trend
Markel has 145 employees as of Sep 26. Here is Markel's employee count trend over the years:
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Markel's Competitors and alternates
Top competitors of Markel include Promutuel Assurance, MyChoice and Onlia Holding. Here is the list of Top 10 competitors of Markel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Promutuel Assurance 1852, Quebec City (Canada), Unfunded | Internet first provider of home, auto motive, business & agricultural insurance services | - | - | 43/100 |
2nd | Provider of commercial insurance policies for small business risk coverage | - | - | 43/100 | |
3rd | Provider of online auto and home insurance comparison services | - | - | 37/100 | |
4th | Onlia Holding 2017, Toronto (Canada), Acquired | Internet first auto & home insurer | - | - | 35/100 |
5th | Online insurance provider for auto and home | - | - | 32/100 | |
6th | Trans Global Insurance 2012, Edmonton (Canada), Unfunded | Internt first P&C insurer | - | - | 26/100 |
7th | Niche Assurance 1965, Montreal (Canada), Acquired | Internet first provider of home, business, and cyber insurance services | - | - | 24/100 |
8th | Internet first provider of auto, general liability, trade credit, marine, and other commercial insurance services | - | - | 22/100 | |
9th | Halwell Mutual Insurance 1859, Guelph (Canada), Unfunded | Internet first provider of home, auto, farm & commercial insurance services | - | - | 20/100 |
10th | Station Cor 2020, Montreal (Canada), Unfunded | Internet first provider of commercial insurance services | - | - | 16/100 |
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Markel's Investments and acquisitions
Markel has made no investments or acquisitions yet.
Reports related to Markel
Here is the latest report on Markel's sector:
News related to Markel
Media has covered Markel for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Markel Canada Launches Dedicated Insurance Proposition for Contractors and Trades BusinessesBusiness Wire•Oct 13, 2026•Markel
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Markel Canada Appoints Marc Copland as Vice President, Product Line LeaderBusiness Wire•Jul 14, 2026•Markel
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Markel Canada Partners with hyperexponential to Build AI-Native Underwriting EnvironmentBusiness Wire•May 12, 2026•Markel, Hyperexponential
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Markel Canada Launches Digital Quote & Bind Solution for Special Events on Markel ConnectBusiness Wire•Apr 27, 2026•Markel
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Markel Canada Appoints Alain Paris as Vice President, Product Line Leader – Primary CasualtyInsuranceNewsNet•Aug 19, 2025•Markel
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Markel Canada Limited Appoints Senior Vice President, UnderwritingFinancial Post•Feb 05, 2025•Markel
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Markel Canada Limited Appoints Senior Vice President, UnderwritingInsuranceNewsNet•Feb 05, 2025•Markel
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Markel Names Jennifer Devereaux Executive Underwriting Officer, CasualtyFinancial Post•Jul 24, 2024•Markel Corporation, Markel
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Markel Canada Introduces Official Markel Play Insurance Products and ServicesBusiness Wire•Jul 08, 2024•Markel
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