Rocketing commercial premiums piles pressure on SMEs

Price pressure

Recent figures from Acturis show that commercial insurers are continuing to increase the cost of cover across a range of core sectors.

The latest Acturis Commercial Broking Index shows that there were consistent premium increases throughout the year, with rises each quarter of at least 4%, compared to the equivalent quarters in 2021.

This is for commercial combined, liability, packages, property owners and tradespeople.

4%

The Acturis Commercial Broking Index shows there were rises each quarter of at least 4%

The only sector which has shown smaller increases is fleet.

The final quarter of 2022 saw tradespeople

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