What Is HUB International?
HUB suits technology businesses seeking a specialist broker—its practice says it insures more than 5,000 technology companies; qualifying small accounts can use Insureon online, while mid-market buyers need an advisor. 1,2,3
Markel Insurance: Specialty Business and Products
Markel Insurance is Markel Group's specialty and small-business insurance business, with offerings across packages, workers' compensation, cyber, professional and management liability, property, marine, and surety. Products use different insurers and distribution routes, so compare the issuer and terms shown on the specific quote. 6,7
What Is Builders Risk Insurance?
Builders risk protects the project you are building, including materials meant for it, against physical loss until construction ends. The gaps that cost owners money are materials in storage or transit, the existing building in a renovation, and coverage ending when you occupy early. 9,10,11,12
Key Differences in Builders Risk Insurance
Risk Mitigation Services
HUB describes pairing broker-placed builders risk with site-security vendors, automated leak detection and fire-resistant coatings, supported by a mobile app showing carrier requirements. Markel’s published builders-risk description focuses on project types and capacity rather than those mitigation services. For a project where theft, water or fire controls matter, ask HUB which services are available at the site and whether the carrier recognizes them; ask Markel what risk-engineering support accompanies its quote. 4 8
Project Scope and Duration
HUB markets to owners, general contractors and developers working on frame and non-frame construction, installation or renovation projects. Markel names civil engineering and completed infrastructure such as bridges, dams, tunnels and power facilities, with coverage periods that may extend to 60 months. Ask HUB how its solution handles a project with an unusually long schedule, and ask Markel whether the specific project and completion phase fit its stated scope. 4 8
Placement and Capacity
HUB directs prospects to a broker or construction specialist for a project assessment and does not name the issuing carrier on its product page. Markel says it may write 100% or subscribe to a risk, subject to project-specific capacity. Buyers should request HUB’s carrier and proposed share, and obtain Markel’s written limit and participation terms before comparing prices. 4 8
What to Confirm in Builders Risk Insurance Quotes
- Ask HUB which carrier issues the policy, which site-mitigation vendors apply, and whether they affect conditions or pricing. 4
- Ask Markel for the offered period, project limit, and exact participation share. 8
- Compare covered renovation, installation and completed-work exposures in the actual forms from both placements. 4 8
Review Scores
These averages can combine ratings for different products, locations, and customer groups, including approximate BBB grade conversions. Read each review for the sources, scope, and calculation.
HUB International
Review Score
2 rated sources
Customers who reviewed HUB on BBB rate it 1 out of 5, but that is only 7 reviews for a very large broker. BBB's own business grade is A-.[7][6]
Read HUB International reviewsMarkel Insurance
Review Score
2 rated sources
There is little public customer feedback on Markel. Trustpilot shows 2.5 out of 5 from just 5 reviews, and BBB lists 12 complaints closed in the last three years.[4][3]
Read Markel Insurance reviewsOffering Details
HUB International vs Markel Insurance: Builders Risk Insurance: documented features by provider
| Criteria | HUB Builder's Risk Insurance Solutions | Markel builders risk |
|---|---|---|
| Role in This Line | HUB brokers builder's risk insurance and bundles it with a coordinated mitigation program rather than underwriting the policy itself. 4,5Company-reported. Builder's risk product page and 2024 launch press release, as read 2026-09-23; neither names an issuing insurer. | Markel offers builders-risk coverage for construction projects from basic four-wall risks to complex infrastructure and power projects. 8Company-reported. Large builders-risk page; specific project underwriting applies. |
| Issuing Insurer | Neither the product page nor the launch press release names an issuing insurer or carrier partner for this solution. 4,5Not found in reviewed sources. Checked both pages on 2026-09-23; the press release explicitly states it does not specify carrier partners. | Confirm in your quote. |
| Who It’s For | HUB markets this solution to project owners, general contractors and developers of both frame and non-frame construction projects. 5Company-reported. Launch press release target-market description. | Targeted exposures include civil engineering, mechanical engineering and completed civil engineering projects, including bridges, dams, tunnels and power facilities. 8Company-reported. Published target examples; no eligibility guarantee. |
| Coverage Features | HUB describes builder's risk coverage for property used in construction, installation and renovation projects, protecting against theft, fire and water damage during the build. 4Company-reported. Product-page coverage description; the issued policy and its exclusions control an actual claim. | Confirm in your quote. |
| Limits and Retentions | Confirm in your quote. | Markel states coverage periods may extend up to 60 months and that it may write 100% or participate as a subscriber; project-specific capacity must be confirmed. 8Company-reported. Program capability, not a commitment for an individual risk. |
| Risk Services | HUB says it pairs the policy with third-party vendors for site security, automated leak detection and fire-resistant coatings, plus a mobile app that shows carrier underwriting requirements, run by its construction insurance specialists. 4,5Company-reported. Product-page and press-release service description; a company-reported program, not an independently assessed outcome. | Confirm in your quote. |
| How to Apply | HUB directs prospects to connect with a broker or its construction insurance specialists for a project-specific assessment; no online quote flow is described. 4Company-reported. Product-page call to action as read 2026-09-23. | Confirm in your quote. |
Full Comparison
More HUB International vs Markel Insurance Comparisons
Other Builders Risk Insurance Comparisons
Sources
HUB International
- About Us. HUB International; Opening description; 1998 formation of HUB International Limited; 2022 Insureon acquisition; headquarters and employee/office counts. Accessed 2026-09-16.
- Contact Us. HUB International; Business Solutions paths for Commercial Insurance Solutions versus Small Commercial Insurance Solutions via Insureon; office search. Accessed 2026-09-16.
- Insurance for Technology Companies. HUB International; Technology Company Insurance & Risk Management: startup, software, hardware and digital-media introduction; Business Coverage and People Protection lists; technology-client count. Accessed 2026-09-16.
- Builder's Risk Insurance Broker & Coverage Policy. HUB International; Coverage description for construction, installation and renovation projects; site security, water protection and fire resistance mitigation components; proprietary mobile app; frame and non-frame construction; Connect With a Broker. Accessed 2026-09-23.
- HUB International Launches Builder's Risk Insurance Solutions. HUB International; February 22, 2024 announcement naming project owners, general contractors and developers of frame and non-frame projects as the target market; third-party mitigation vendor coordination. Accessed 2026-09-23.
Markel Insurance
- About us. Markel; Markel at a glance; description of Markel Insurance within Markel Group Inc. Accessed 2026-09-28.
- Markel Group Inc. 2025 Form 10-K. U.S. Securities and Exchange Commission; filed by Markel Group Inc.; Cover page; Part I, Item 1 Business—Markel Insurance, U.S. Wholesale and Specialty, Programs and Solutions; Part II, Item 7/8 for group and segment risks. Accessed 2026-09-28.
- Builders Risk Insurance. Markel; Coverage features; construction projects and builders-risk scope. Accessed 2026-09-29.
Builders Risk Insurance Guide
- Glossary of Insurance Terms. National Association of Insurance Commissioners; Builders’ Risk Policies; Ocean Marine; Auto Physical Damage; All-Risk. Accessed 2026-09-16.
- Commercial Insurance Guide. California Department of Insurance; Commercial Property; Inland Marine; What Should I Expect from a Broker-Agent. Accessed 2026-09-16.
- Builders Risk Coverage Form. Insurance Services Office, Inc.; hosted by Touchpoint Markets; A.1–3 p.1; B.3.c p.11; C,D,E p.12. Accessed 2026-09-16.
- Builders Risk Application Tip Sheet. US Assure; General policy application tips p.1; Remodeling tips p.2. Accessed 2026-09-16.
