LONDON PROFESSIONAL INDEMNITY MARKET EXPECTED TO THRIVE OVER THE NEXT YEAR
Source: Insurance Times - July 2021.
“Recession, cyber threats and regulatory intervention are insurance professionals’ biggest concerns.
Despite 94% of insurers planning to write the same or more business in the professional indemnity (PI) market over the next 12 months, recession, cyber threats from remote working and continued regulatory oversight are top of the insurance industry’s list of concerns for this sector, according to global law firm Clyde and Co’s latest market report.”