The last two decades have seen a challenging market, with spiking premiums and shrinking coverage limits. Today, it seems as though the Management and Professional Liability markets may have turned a corner. While that doesn't necessarily mean smooth sailing across every class of business or coverage line, there are reasons to be cautiously optimistic about the prospects for these markets in 2022.
The pandemic created new challenges that made 2021 very difficult to navigate. While capacity and limits may continue to tighten, 2022 is showing a shift towards a more stable market. Now that the market has balanced out, insurance companies will be more aggressive in the classes of business where they want to grow.
Is the worst behind us? How can you navigate today's market and prepare your clients for the trends that lie ahead?
Join our panel of Management and Professional Liability experts to learn what's driving the market and how to ensure smooth renewals for your clients.