The new media liability contract includes indemnities to distributors and printers as well as costs and expenses for contempt of court and regulatory proceedings. The negligent transfer of computer viruses is also included as standard.
Simon Fell, divisional managing director of Markel UK, said: “Media exposures often present unique challenges and this diverse sector demands a specialist approach from an insurer who can take time to fully understand the activities undertaken and identify the specific exposures, providing bespoke cover”.
Markel UK, which has 20 years’ experience in providing insurance protection to the media industry, insures a variety of diverse media risks, from the operations of local community radio stations through to world-renowned publishers of medical journals.
Further information and copies of the policy wording and key fact documents can be found on the media liability product page.