Blog: Insurance in the lockdown

Richard Webb 1

I am sure there are some brokers longing for the calmer days of the professional indemnity (PI) soft market, which began coming to an end in 2018. Since mid-2018, the PI market has hardened, more so for construction professions and less so for accountants and insurance brokers although rate rises had begun to gain some momentum in Q1 of 2020.

But Covid-19 has added a big twist. The market was already hardening for a reason, premiums have been far too low and unprofitable. The damage caused by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: