Professional indemnity (PI) Professionals are passing on increases in PI rates to clients through higher audit fees
PropertyLittle or no competition in the property market, rendering …
Professional indemnity (PI) Professionals are passing on increases in PI rates to clients through higher audit fees
PropertyLittle or no competition in the property market, rendering it impossible to obtain a competitive price
Employers' liabilityDifficult, if not impossible to buy, particularly for companies with poor claims records
Product liabilityBecoming increasingly complex, with more and more exclusions Bermuda
Only a small number of Bermudian insurance companies have grown large enough to meet the complex needs of big business
Policy wordingDrastically tightened with increasing exclusions such as asbestos, terrorism, electro-magnetic radiation, pollution, product recall and earthquake
InsurersMaking excessive profits in the hard market, with little regard for relationships with policyholders, good risk management or clean claims records
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
