Jump partners with Markel

Jump, an AI productivity platform for financial advisors, announced a partnership with Markel. The collaboration expands access to Jump’s platform across Markel’s network of financial professionals and supports advisory firms as they adopt AI-enabled workflows.

The partnership will also include access to E&O insurance solutions for advisory firms that choose to use Jump. Insurance products and services are offered by Markel and placed through Joseph Caruso & Associates as broker of record.

Founded in 2023, Jump has raised ~$110 million and claims to serve 28k advisors.

“Advisors are rapidly integrating AI into their businesses, and their infrastructure needs to evolve alongside that shift. What we’re seeing now is a fundamental shift in how risk is managed in the age of AI. Rather than treating these tools as a new source of exposure, firms are beginning to integrate them into a more modern risk framework—one that aligns technology, operations and insurance. Collaborating with an industry leader like Markel reflects that evolution and makes it easier for advisory firms to adopt AI while strengthening their overall risk posture.” – Parker Ence, co-founder and chief executive officer of Jump.

“This is an exciting collaboration as AI becomes an increasingly powerful tool for our industry and the clients we mutually serve. As organizations adopt AI to drive efficiency and better decision-making, risk management must keep pace. Our goal is to help firms navigate new exposures with access to coverage that reflects how they operate today.” – Hollis Zyglocke, regional president, southeast region at Markel.

“By bringing together Jump’s technology and Markel’s insurance capabilities, we’re able to offer advisors more tailored, forward-looking solutions that support both their growth and their risk management needs.” – Joseph Caruso, managing director of Joseph Caruso & Associates.