Markel Insurance Appoints Raphael Da Costa to Lead Cyber and Tech E&O Portfolio
Severity: Low (Score: 3.1)
Sources: Markets.Ft, www.prnewswire.com
Summary
On May 7, 2026, Markel Insurance announced the appointment of Raphael Da Costa to lead its U.S. cyber and tech errors and omissions (E&O) portfolio. Da Costa will manage underwriting strategy, portfolio management, and product development in response to evolving cyber risks. With over 15 years of experience in cybersecurity and insurance, he previously led the development of E&O insurance products for middle market risks. His role is crucial as cyber risks are rapidly changing, necessitating a deep understanding of both technical details and business impacts. Da Costa's leadership is expected to enhance Markel's ability to support clients in a complex cyber landscape. He is based in New York and aims to strengthen relationships with brokers and clients. Key Points: • Raphael Da Costa appointed to lead Markel's U.S. cyber and tech E&O portfolio. • Da Costa has over 15 years of experience in cybersecurity and insurance. • His leadership aims to enhance Markel's response to evolving cyber risks.