Insurance Information

Graham Miranda
Hasselfelder Str. 23
38889 Blankenburg (Harz), Germany
E-Mail: [email protected]
Telefon: +49 15678 397267

Last Updated: November 12, 2025

1. Insurance Overview

Graham Miranda is covered by comprehensive IT liability insurance.

Insurer

Markel Versicherung SE
Sophienstr. 26
80333 Munich
Deutschland

Phone: +49 89 205094-400
E-Mail: [email protected]
Website: https://www.markel.de

2. Insurance Information

Policy Number

ON.MPI.64092

Policyholder

Graham Miranda (Sole Proprietor)
Hasselfelder Straße 23
38889 Blankenburg (Harz)

Insurance Commencement

Oktober 6, 2025

Insurance Period

October 6, 2025 to October 6, 2026

Next Renewal Date

October 6, 2026

3. Insurance Coverage

Versicherte Risiken

The insurance covers the following risks:

3.1 Errors and Omissions Insurance (E&O)

Coverage Limit: €300,000

Coverage Areas:

• Errors and omissions in IT services
• Patent rights violations (up to €300,000)
• Data protection violations and GDPR liability
• Cyber security errors
• Loss of work documents
• Domain protection insurance (up to €25,000)
• Reputational damage protection
• Breach of trust by employees

Selbstbeteiligung: €0 (full coverage)

3.2 General Liability (GL)

Coverage Limit: €3,000,000 (combined for bodily injury and property damage)

Coverage Areas:

• Bodily injury from business operations
• Property damage from business operations
• Product liability

Annual Aggregate Limit: 3-fold insurance sum

Selbstbeteiligung: €0 for bodily injury, €250 per property damage claim

4. Insured Activities

IT-Dienste

The insurance covers the following IT activities:

• Software-Entwicklung

  • Software Developers
  • Database Developers
  • iPhone/Android Developers
  • Java Developers
  • SAP Developers

• Online Services

  • Internet Providers
  • Web Developers
  • E-Commerce and E-Banking
  • SEO/SEM Consultants
  • Cloud Computing Specialists

• IT-Beratung

  • IT Consultants / EDV Consultants
  • IT Project Managers
  • IT (Interim) Managers
  • Data Protection Officers

• Hardware and Networks

  • Hardware Manufacturers and Developers
  • System Administrators
  • PC Technicians
  • Data Centers
  • Web Hosts

Additionally Insured Areas

• Management Consulting (premium-neutral)
• Media Industry (premium-neutral)
• Business Travel Rental Cars (AKB)
• Patent and Trademark Protection

Excluded Activities

The insurance does not cover:

• Financial Services (e.g., banking software, cryptocurrency)
• Medical devices used on humans
• Traffic or flight safety
• Measurement and control technology for production

5. Special Features of Insurance Coverage

Provision for New Risks

The insurance covers newly occurring risks in the service sector.

Patent Liability

Coverage Limit: up to €300,000

Compensation for patent infringements is insured.

No US Revenue Limit

Business activities in the USA and Canada are insured without revenue restrictions.

Domain Protection Insurance

Coverage Limit: up to €25,000

Covers loss of domain name rights due to third parties.

6. Coverage Limits

Principal Coverage Limits

Annual Aggregate Limit

The insurance sums are available three times per year (3-fold aggregated limit).

7. Deductibles

Errors and Omissions Insurance

Selbstbeteiligung: €0 (full coverage)

General Liability

Selbstbeteiligung: €0 for bodily injury, €250 per property damage claim

Cyber Property Damage

Selbstbeteiligung: €1,000 per cyber claim

Other Deductibles

• Property damage: €250 per claim
• Other: €250 per claim

8. Excluded Risks

Not Covered

• Intentional Damage – deliberately caused damage
• Known Defects – damage from known defects existing before insurance commencement
• Financial Services – banking, cryptocurrency, financial consulting
• Medical Devices – medical applications on humans
• Traffic Safety – autonomous driving, flight safety
• Government Activity – activity for authorities (under certain conditions)
• War and Terrorism – damage from war or terrorism

9. Additional Insurance Benefits

Online Legal Services

Partnership with ARAG SE

Free online legal services including:

• 1,000+ sample letters and contracts
• Partnership agreements
• Management contracts
• Employment contracts
• Web impressum templates
• Purchase agreements

Access: https://markel.de/assistance/
Login: Using policy number

Cyber Prevention Basis (Perseus-Basis)

Partnership with Perseus Technologies GmbH

Free training and prevention measures:

• IT security check (one-time)
• Online cybersecurity training (with certificate)
• Online data protection training (with certificate)
• Browser check
• Password generator
• Simulated phishing email
• Customer area with employee statistics (up to 3 employees)

Access: https://markel.de/assistance/
Login: Using policy number

10. Premiums and Costs

Premium Breakdown

Annual Net Premium: €303.88

Annual Gross Premium: €361.62 (including 19% insurance tax)

Discounts and Surcharges

• Email Delivery Discount: -€5
• Startup/Business Founder Discount: -15% (for 2 years)
• 1-Year Term: Included in standard premium
• 3-Year Term: -10% term discount

Payment Method

Standard: Annually by invoice

Alternatives:

• Semi-annually (+3% surcharge, with SEPA direct debit)
• Quarterly (+5% surcharge, with SEPA direct debit)

11. Claims Notification

How to Report a Claim

In the event of a claim, you must notify immediately (within 30 days at the latest):

Markel Versicherung SE
Sophienstr. 26
80333 Munich

Phone: +49 89 205094-400
E-Mail: [email protected]
Website: https://www.markel.de

Required Information

• Nummer der Police: ON.MPI.64092
• Date of claim
• Description of claim event
• Extent of damage caused
• Identity of claimant
• Relevant documentation and evidence

12. Insurance Terms and Conditions

Applicable Terms

Tariff Version: Markel Pro IT
Tariff Status: Version 1 (as of May 2022)

Applicable Insurance Terms:

• Markel Pro IT Liability Insurance Terms and Conditions v1
• Information on Insurance Products
• Notice pursuant to Section 19 para. 5 VVG (Withdrawal Notice)
• Datenschutzbestimmungen
• Information Requirements under FVZG

These terms are available at:

• https://www.markel.de (Document section)
• Sent upon insurance conclusion

13. Frequently Asked Questions About Insurance

Q: Which activities are insured?

A: All IT services within the scope of open professional coverage. Financial services, medical devices, and critical infrastructure are not covered.

Q: What is the deductible?

A: For financial losses: €0. For property damage: €250. You pay these amounts for each claim.

Q: How long does it take for a claim to be paid?

A: After notification and review, usually 4-8 weeks. The exact timeframe depends on the extent of the claim.

Q: What should I do if a claim occurs?

A: Notify immediately (within 30 days) to Markel Insurance SE with all relevant information.

Q: Are claims from negligence covered?

A: Yes, simple negligence is covered. Intentional damage is excluded.

14. Insurance Renewal and Changes

Insurance Renewal

The insurance is automatically extended for another year if no cancellation is submitted.

Next Renewal Date: October 6, 2026

Changes to Insurance

Changes to coverage or conditions must be reported in writing:

• Increase in revenue
• New business areas
• Changes in business figures
• Change of location

Contact for changes:

• Insurance Broker: Finanzchef24 GmbH
• Phone: 089 716 772 700
• E-Mail: [email protected]

15. Right of Withdrawal

Cancellation of Insurance

You have the right to cancel the insurance within 14 days of contract conclusion.

Cancellation Address:

Markel Versicherung SE
Sophienstr. 26
80333 Munich

16. Contact and Support

For Insurance Questions

Insurance Broker:

Finanzchef24 GmbH
Hohenlindener Str. 1
81677 Munich

Phone: 089 716 772 700
E-Mail: [email protected]
Website: https://www.finanzchef24.de

Insurance Company:

Markel Versicherung SE
Sophienstr. 26
80333 Munich

Phone: +49 89 205094-400
E-Mail: [email protected] (Claims notification)
Website: https://www.markel.de

Business:

Graham Miranda
Hasselfelder Str. 23
38889 Blankenburg (Harz)

Telefon: +49 15678 397267
E-Mail: [email protected]

17. Notices and Data Protection

Insurance Terms

This insurance is subject to the insurance terms of Markel Insurance SE. In case of conflicts between this summary and the official terms, the official terms apply.

Data Protection

Personal data is processed in accordance with the GDPR. The privacy policy of Markel can be found at https://www.markel.de/datenschutz/

Billing

Policyholder: Graham Miranda
Customer Number: 50880
Billing Address: Hasselfelder Str. 23, 38889 Blankenburg (Harz)

This insurance information provides an overview of insurance coverage. For complete information, see the policy and insurance terms.

Last Updated: November 12, 2025