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Discussion around the current risks for the UK’s PI market and those insured by it.
Published on 20 August, 2024
As one of the leading professional indemnity insurers in the UK market, Markel is constantly assessing potential risks to our customers. AI’s explosion over the last couple of years has brought numerous benefits but also challenges for the wider economy and individual users, including professionals who require the essential protection they receive from their PI cover.
As such, we were delighted when prominent insurance title Emerging Risks asked us to outline what we saw as the current risks for the UK’s PI market and those insured by it. The article is an excellent overview of the current situation by Sonja Wrigglesworth – one of our many highly-experienced underwriters and an expert on this particular subject.
You can read the full article here: Is the use of AI an emerging risk for the UK PI market.
To find out more about how Markel works with and supports brokers, go here.