Professional Indemnity Insurance in Europe

Professional Indemnity Insurance in Europe is about the market for and distribution of policies covering professional liability as it exists in 12 countries in Europe: Austria, Belgium, France, Germany, Ireland, Italy, Netherlands, Poland, Spain, Sweden, Switzerland and the UK. For 2011, 2015 and with a forecast for 2019, the study breaks down the market for professional indemnity insurance not only by country but also, on a standardised basis, by professional category with 13 categories considered as follows:
  • accountancy and finance architecture;

  • D&B (design and build);

  • engineering;

  • estate agency;

  • financial and insurance intermediation;

  • healthcare-related services;

  • IT and business consulting;

  • legal services;

  • media and marketing;

  • medicine and dentistry;

  • surveying;

  • other professional sectors.

In particular, the report quantifies the number, growth in number and segmentation of insurable enterprises in each country from 2011 to 2015 plus the value, growth and segmentation of the market for professional indemnity insurance over the same time frame and with a forecast to 2019. These segmentations are provided not only for each of the 13 aforementioned professional categories but also by annual fee income or turnover band in order to show the potential and actual market value in each country attributable to the largest and smallest professional enterprises.

In addition, three further segmentations of the market value in 2015 are also given: between business dealt with by domestic underwriters and that placed with non-domestic underwriters; between new business and renewals; and between primary layer and excess layer business.

Moreover, on the basis of a survey of leading brokers of professional indemnity cover in each of the 12 countries, the report identifies the underwriters of this type of insurance that are used most frequently and provides estimates for the market shares by premium income of leading underwriters in 2015 in each country for all forms of professional indemnity cover combined expressed as a percentage range (e.g. 5.0% to 7.5%).

Finally, the study identifies affinity schemes for professional indemnity insurance set up between professional / trade associations with a nationwide remit and brokers or underwriters of this type of cover (based on a survey of close to 1,700 such associations), highlights other distribution channels used to sell this form of insurance (e.g. brokers, direct sales, online aggregators, other affinity partners) and discusses other key issues associated with the market.

For further information about this research, please access the table of contents and series prospectus by clicking on the corresponding links to the left-hand side of this page, or e-mail [email protected].

$6,995.00 USD
+7% GST for Singapore-based customers

Create an account

Create an account

Password strength:

I agree to the Terms & Conditions.
Finaccord and other Aon group companies
will use your personal information to contact
you from time to time about other products,
services and events that we feel may be of
interest to you. All personal information is
collected and used in accordance with our privacy statement.

Consulting Services

Finaccord is also able to undertake bespoke research and consulting assignments about this and other subjects. For further information about the types of consulting that Finaccord is able to carry out, please visit our Consulting page.