Jump, an AI productivity platform for financial advisors, has entered into a partnership with Markel to broaden access to its technology across Markel’s network of financial professionals while supporting advisory firms as they adopt AI-driven workflows.
The collaboration is designed to integrate AI more deeply into advisory operations and also includes access to E&O (errors and omissions) insurance solutions for firms using Jump. The insurance products are provided by Markel and placed through Joseph Caruso & Associates, which serves as broker of record.
Founded in 2023, Jump has raised approximately $110 million and reports serving around 28,000 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.
