Professional Indemnity Insurance for Architects and Engineers: A Worldwide Review is a report about the market for and distribution of policies covering liability risks in the architecture, D&B, engineering and surveying categories as it exists in 20 countries: Australia; Austria; Belgium; Brazil; Canada; France; Germany; India; Ireland; Italy; Japan; Mexico; the Netherlands; Poland; South Africa; Spain; Sweden; Switzerland; the UK; and the US. For 2011, 2015 and with a forecast for 2019, the study breaks down the market for this type of cover not only by country but also, on a standardised basis between the architecture, D&B, engineering and surveying categories.
In particular, the report quantifies the number, growth in number and segmentation of insurable enterprises and individuals in each country from 2011 to 2015 plus the value, growth and segmentation of the market for professional indemnity insurance for architects and engineers over the same time frame and with a forecast to 2019. The study also identifies affinity schemes for professional indemnity insurance in these fields set up between professional associations with a nationwide remit and brokers or underwriters of this type of cover (based on a survey of over 350 such associations) and discusses other key issues related to the market such as claims experience.
Key findings from the executive summary include:
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Finaccord is a market research, publishing and consulting company specialising in insurance and other financial services. Finaccord is part of Aon Global Operations, Singapore Branch.