Carrier loss run guide
Markel Loss Run Request, Step by Step
To get a Markel loss run, ask the broker of record, often the wholesaler that placed the policy, or send a written request with the insured's signed letter of authority, policy numbers and periods to the loss run channel Markel publishes. The insured can request their own history too. Allow about 10 business days.
| Carrier | Policy | Status | Last action |
|---|---|---|---|
| MarkelCA 4471902 | CA 4471902 | Follow-up 1 sent | Oct 4 |
| Keystone CasualtyGLP 0088213 | GLP 0088213 | Follow-up 2 sent | Oct 9 |
| Granite State CompWC 2215560 | WC 2215560 | Acknowledged | Oct 7 |
| Bayline SpecialtyPKG 771045 | PKG 771045 | Sent | Oct 10 |
| Crestmark IndemnityUMB 30981 | UMB 30981 | Drafted | n/a |
How to request a Markel loss run
Five steps that work for the agent of record, a new broker with a letter of authority or the insured.
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1
Collect policy details
Get the declarations pages for each Markel policy from the insured: named insured, FEIN, policy numbers and policy periods for the last five years.
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2
Get a signed letter of authority
Have an officer of the insured sign a letter of authority that names your agency and lets Markel release loss history to you.
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3
Send to the right channel
Find out whether the policy was placed through a wholesaler. If so, ask that wholesaler or send the signed letter of authority to the loss run channel published on the Markel website.
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4
Follow up on a schedule
Follow up on day 3, day 7 and day 14 if no reply arrives, and confirm the current loss run channel with the carrier if the request is not acknowledged.
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5
Check the reply
Confirm every policy period is present, totals add up and the valuation date is within 90 days before you send the loss run to market.
Lines Markel commonly writes
- Excess and surplus casualty
- Professional liability
- Specialty property
- Small commercial
- Program and niche business
Typical request channels
- Wholesale or retail broker of record
- Loss run department, as published on the carrier website
- Agent portal for appointed producers
- Written request with a signed letter of authority
Channels change. Confirm the current loss run channel with Markel before you send.
The same process applies to every carrier. Our guide on how to request loss runs covers the full workflow, and if you are new to the document itself, start with what a loss run report is.
What to include in a Markel loss run request
A complete request is the fastest request. Missing policy numbers or an unsigned authorization are the usual reasons a carrier does not reply.
- Named insured exactly as shown on the Markel policy, plus any additional named insureds
- FEIN of the insured
- Every policy number and policy period, including prior and cancelled terms
- Number of years requested, usually five
- Lines of coverage you need (for example excess and surplus casualty)
- Letter of authority signed by the insured
- Where to send the loss run: your email address or a secure upload link
- Request for a current valuation date with paid, reserved and incurred amounts
Use a ready request letter
Our loss run request letter has every field above, with a letter of authority block for the insured to sign. For workers comp history, see workers comp loss runs for the medical and indemnity detail markets expect.
The insured can usually request their own Markel loss runs too, which helps when a carrier is slow to answer a broker.
How LossRunReports sends the Markel request
One request center for every carrier. The signed letter of authority goes out with the request, and follow-ups run on day 3, 7 and 14 until the loss run arrives.
| Carrier | Policy | Status | Last action |
|---|---|---|---|
| Northfield MutualCA 4471902 | CA 4471902 | Received | Oct 4 |
| Keystone CasualtyGLP 0088213 | GLP 0088213 | Follow-up 2 sent | Oct 9 |
| Granite State CompWC 2215560 | WC 2215560 | Acknowledged | Oct 7 |
| Bayline SpecialtyPKG 771045 | PKG 771045 | Sent | Oct 10 |
| Crestmark IndemnityUMB 30981 | UMB 30981 | Drafted | n/a |
Oct 1, 9:12
Request sent to [email protected]
Oct 4, 8:00
Follow-up 1 sent automatically (day 3)
Oct 8, 8:00
Follow-up 2 sent automatically (day 7)
Oct 15, 8:00
Follow-up 3 scheduled (day 14)
Oct 21
Marked overdue, account manager notified
Replies land on a dedicated inbound address or a secure upload link. PDF, scanned, XLSX and CSV loss runs are read into one claims schema, totals are reconciled, and gaps, duplicates and valuations older than 90 days are flagged. See how the loss run software builds the five-year summary with loss ratio.
Tips for Markel loss runs
Excess and surplus policies are often placed through wholesalers, so the retail agent may not have direct carrier access.
Professional liability is usually claims made. Ask for claims and incidents reported, with dates of report.
Specialty programs may be administered by a program manager. Ask the insured who services the policy.
Request currently valued loss runs, because stale E&S history is a common reason for a declined submission.
Markel loss run questions
Why is my Markel loss run request going through a wholesaler?
Many Markel specialty policies are placed by wholesale brokers. The wholesaler that placed the policy can usually request the history for you.
Can a retail broker request Markel loss runs directly?
Yes, with a letter of authority signed by the named insured, sent to the loss run channel Markel publishes.
Should a Markel professional liability loss run show incidents?
Ask for both claims and reported incidents if the new market requires them, since claims made forms rely on reporting dates.
See your own loss run read in under a minute
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