Interpodia Technology and Markel Canada join forces to increase compliance and mitigate risk in Canadian sport.
We are thrilled to announce that we have teamed up with Markel Canada Limited, the division of Markel International that provides insurance solutions for commercial liability needs across Canada.
This partnership will unite Interpodia Technology’s software and Markel’s deep industry knowledge and insurance expertise to help sport organizations reach a faster realization of risk management and effective systems around safe sport.
The partnership, which took effect from January 1, 2020, will benefit Canadian national and provincial sport membership bodies, representing the two organizations’ joint effort to mitigate risk, increase compliance and improve the long-term viability of sport in the Canadian market.
Markel recognizes the cutting-edge technology that we provide our clients, to help reduce risk around waiver collection, digital agreements, membership registration and safe sport compliance. As a leading provider of insurance to Canadian sport membership bodies, Markel is always looking for ways to help its clients manage and reduce risk, ultimately enabling sports to grow successfully.
Impact on the Industry
This dynamic partnership will be centered around increasing awareness of best practices and providing effective systems around the risk management of sport organizations. As the safe sport movement has evolved, so have the needs and landscape of sport organizations. Failure to comply with national standards around safe sport may result in a sport organization’s reputational damage, loss of athletes and fans, loss of sponsorship and increased premiums or challenges securing coverage.
For national and provincial sport organizations under pressure to comply with new governance or insurance standards, this partnership creates the opportunity for sport organizations to use a systematic multidisciplinary and multi-agency approach. With Markel as Interpodia’s official insurance partner, using this technology may result in premium savings to reflect an improvement in mitigated risk.
Our Safe Sport Solutions
Over the past few years, we have been collaborating with multiple sports organizations to tackle their most substantial obstacles around Safe Sport and enabling them to reach their goals. While every sport is different, struggles with Safe Sport technology is a recurring message, even for well-funded sports. Working collaboratively with early adopters such as Triathlon Canada, Cycling Canada, and other PSOs have been integral to the development of Interpodia’s industry-leading technology stack. Built to enable tight processes around accreditation and athlete safety in collaboration with CAC, insurers, online education providers, and security check companies.
Interpodia has developed proven and effective systems to reduce risk through integrated membership management that enables athlete tracking and data distribution, and coach and official licensing that includes integrations with background screening and educational systems. Also, strict waiver and liability release handling that captures and stores acknowledgment and consent. Embracing this trend of utilizing safe sport technology benefits sport organizations by providing consistency in processes, digital storage and reporting, reduced human errors and bias and a decrease in cost and administration time.
This partnership will unite Interpodia Technology’s software and Markel’s deep industry knowledge and insurance expertise to help sport organizations reach a faster realization of effective systems around safe sport.
It is my pleasure to announce the partnership between Markel and Interpodia Technology. Markel is known for their strength in the Canadian sport and leisure industry for 50+ years, and this partnership offers strong support for our business. We are very excited to be working with their forward-thinking team who is striving hard, like Interpodia, to ensure the viability and health of the sports we are so passionate about.
I am delighted to reveal that Markel Canada is partnering with Interpodia Technology to combine our unique strengths. Interpodia couples Markel’s already robust insurance offering with a digital platform to enhance risk services which are available to brokers and policyholders in the Sport, Recreation and Fitness community. Using Interpodia’s leading-edge technology, eligible policyholders will see improved membership registration, waiver collection, digital agreements and safe sport compliance in one platform. Markel is ultimately seeking ways to provide sports organizations with the tools to improve their risk management that will result in keeping insurance costs affordable while providing the coverage they need. By working with Interpodia, a company that is devoted to sport and continually seeking new concepts, we are excited to change the face of sport risk in Canada.
To learn more about taking advantage of this opportunity, reach out to your broker, or chat with us by filling out the contact form here.
