The top five solicitors’ PI insurers since 2006
Insurance Times reveals the top five insurers in the solicitors PI market since 2006, and the percentage of the market they took.
The 2010-2011 renewal season was probably the most turbulent on record, as Quinn dropped out completely and other insures, such as Catlin and Hiscox, pulled out altogether fearing a worsening claims experience from firms in the assigned risks pool.
A temporary reduction in capacity was filled by Inter Hannover, which through Lockton, picked up a lot of the shedded premium.
