SOARING PROFESSIONAL INDEMNITY INSURANCE PRICING AND LOW TRUST CREATES ‘PERFECT STORM’
Source: Insurance Times - June 2021.
“An expert panel at Biba’s conference last month discusses the current state of the professional indemnity insurance market
Biba 2021: The professional indemnity (PI) insurance market was already incredibly challenging, but soaring prices and trust in the sector being at an all-time low following the FCA business interruption (BI) test case has created a “perfect storm”, said an expert industry panel.”