Introduction
An overview of three key UK liability markets: employers' liability, professional indemnity and directors' & officers'

Scope
Analysis of competitive issues within three key markets, supported by interviews with industry executives and data from a range of secondary sources
Sizes the employers' liability, professional indemnity and directors' and officers' sectors, providing competitors' GEP, market share and claims ratios data
Forecasts GWP growth up to and including 2010, based on Datamonitor's in-house expertise and interviews with senior industry executives
Highlights
Most new entrants have ambitious premium income targets in order to cover their initial expense bases and will therefore write for top line growth in their first years. Having no established expertise in the market, pricing aggressively is the main competitive tool available to new entrants

Datamonitor believes that there are risk types within professional indemnity that are simple enough to be suited to direct selling, and it is therefore likely that some insurers will include professional indemnity insurance in their general push towards selling simpler commercial insurance policies direct

Given that the price hikes seen between 2001 and 2003 were deemed necessary for the profitability of the employers' liability sector, and given that the sector had still not returned a positive underwriting result when the price increases came to a halt in 2004, the softening of rates in 2005 is clearly not sustainable

Reasons to Purchase
Benchmark your performance against your competitors
Understand the current competitive environment of the liability market in 2005 and its likely development in the next couple of years
Develop your business strategy with confidence using Datamonitor's exclusive sector forecasts

Introduction
An overview of three key UK liability markets: employers' liability, professional indemnity and directors' & officers'

Scope
Analysis of competitive issues within three key markets, supported by interviews with industry executives and data from a range of secondary sources
Sizes the employers' liability, professional indemnity and directors' and officers' sectors, providing competitors' GEP, market share and claims ratios data
Forecasts GWP growth up to and including 2010, based on Datamonitor's in-house expertise and interviews with senior industry executives
Highlights
Most new entrants have ambitious premium income targets in order to cover their initial expense bases and will therefore write for top line growth in their first years. Having no established expertise in the market, pricing aggressively is the main competitive tool available to new entrants

Datamonitor believes that there are risk types within professional indemnity that are simple enough to be suited to direct selling, and it is therefore likely that some insurers will include professional indemnity insurance in their general push towards selling simpler commercial insurance policies direct

Given that the price hikes seen between 2001 and 2003 were deemed necessary for the profitability of the employers' liability sector, and given that the sector had still not returned a positive underwriting result when the price increases came to a halt in 2004, the softening of rates in 2005 is clearly not sustainable

Reasons to Purchase
Benchmark your performance against your competitors
Understand the current competitive environment of the liability market in 2005 and its likely development in the next couple of years
Develop your business strategy with confidence using Datamonitor's exclusive sector forecasts