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Global Professional Liability Insurance Market Size, Share, Demand & Industry Outlook to 2025

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stephanie anderson
Global Professional Liability Insurance Market Size, Share, Demand & Industry Outlook to 2025

Orbis Research has announced the addition of the “Global Professional Liability Insurance Market Size, Status and Forecast 2019-2025” to store by company, by country, and by application/type for the competitive landscape analysis.

The Global Professional Liability Insurance Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Professional Liability Insurance development in United States, Europe and China.

This report studies the Professional Liability Insurance market. Professional liability insurance (PLI), also called professional indemnity insurance (PII) or errors & omissions (E&O), is a form of liability insurance which helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.

The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm. Professional liability insurance may take on different forms and names depending on the profession, especially medical and legal, and is sometimes required under contract by other businesses that are the beneficiaries of the advice or service.


n most cases, growth is likely to be faster in less-developed markets than in developed ones, although much also depends on the degree to which significant competition exists among underwriters in this field and on future claims experience in each country.

Medical Professional Liability Insurance, at US$15.7 billion, accounted for the biggest chunk (40.8%) of the worldwide market pie by professional category. That was followed by approximately US$7.5 billion to professionals in the lawyer, and about US$15.2 billion to professionals in all other segments combined.

In 2018, the global Professional Liability Insurance market size was 38400 million US$ and it is expected to reach 48500 million US$ by the end of 2025, with a CAGR of 3.0% during 2019-2025.

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The key players covered in this study

Chubb (ACE)

AIG

Hiscox

Allianz

Tokio Marine Holdings

XL Group

AXA

Travelers

Assicurazioni Generali

Doctors Company

Marsh & McLennan

Liberty Mutual

Medical Protective

Aviva

Zurich

Sompo Japan Nipponkoa

Munich Re

Aon

Beazley

Mapfre



Market segment by Type, the product can be split into

Medical Liability Insurance

Lawyer Liability Insurance

Construction & Engineering Liability Insurance

Other Liability Insurance



Market segment by Application, split into

Up to $1 Million

$1 Million to $5 Million

$5 Million to $20 Million

Over $20 Million



Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

If enquiry before buying this report @ http://orbisresearch.com/contacts/enquiry-before-buying/2623694 .

The study objectives of this report are:
To analyze global Professional Liability Insurance status, future forecast, growth opportunity, key market and key players.
To present the Professional Liability Insurance development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

Major Points from Tables of Content:

Chapter One: Report Overview
Chapter Two: Global Growth Trends
Chapter Three: Market Share by Key Players
Chapter Four: Breakdown Data by Type and Application
Chapter Five: United States
Chapter Six: Europe
Chapter Seven: China
Chapter Eight: Japan
Chapter Nine: Southeast Asia
Chapter Ten: India
Chapter Eleven: Central & South America
Chapter Twelve: International Players Profiles
Chapter Thirteen: Market Forecast 2019-2025
Chapter Fourteen: Analyst's Viewpoints/Conclusions
Chapter Fifteen: Appendix

About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

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