The softening of the Management Liability (ML) and Professional Liability (PL) insurance markets that started last year looks set to continue over the second half of 2023, as new entrants and increasing capacity continue to drive up competition and drive down premiums.

But that doesn't necessarily make it an easy market for brokers and agents to operate in, and with price no longer being the differentiator it used to be, agents need to look at other areas to ensure they're delivering the best for their clients, while also protecting their own books of business in a shrinking market.

The market is also seeing underwriters fighting harder to find profitability, increasing the workload agents are facing.

The 2023 US Management and Professional Liability Market Outlook examines the current state of this sector, and provides insights on how you can help clients navigate this situation to ensure smooth renewals for the remainder of the year and what to expect in 2023 and beyond.

Learn key insights from the 2023 US Management and Professional Liability Market Outlook:

  • View into the macro and micro issues and trends of this dynamic sector
  • Deep dive into various sub products, including Directors and Officers (D&O), Employment Practice Liability Insurance (EPLI) and Fiduciary
  • Guidance on ensuring smooth renewals for your clients in a changing claims environment

Get the full 2023 US Management and Professional Liability Market Outlook to learn more.

View the report

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