Global Professional Liability Insurance, By Type, By Applications, By Region, Trend Analysis, Competitive Market Share and Forecast, 2014-2024

Title:
Global Professional Liability Insurance, By Type (Medical Liability Insurance, Lawyer Liability Insurance, Construction & Engineering Liability Insurance, Other Liability Insurance), By Applications (Up to $1 Million ,$1 Million to $5 Million ,$5 Million to $20 Million , Over $20 Million), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Trend Analysis, Competitive Market Share and Forecast, 2014-2024.

Overcapacity and greater competition are accelerating the market and lead the market to rise at a healthy growth rate. Economic developments and changing consumers trend leading to the insertion of many goods and services, which is driving the liability insurance industry. An increasing level of disposable earnings is accelerating the market.

According to BlueWeave Consulting, the Professional liability Market is expected to grow exponentially over the forecast period at a substantial rate. It is owing to the increasing addition of cyber and privacy breach to their general professional liabilities policies. The impact of legislation is visible on the industry as franchisers liability is growing, which covers franchisers against the lawsuit. Technological enlargement is also tempting new risks to different sectors which is fueling the industry. Alongside cyber, errors and omissions (E&O), and D&O lines in privately held as well as publicly traded and initial public offering (IPO) corporations offered the most significant growth potential.

Among type. Construction & Engineering Liability Insurance market holds the most substantial market value during the forecast period

Construction & Engineering Liability segment dominates the professional liability market during the forecast period 2019-2025. Knowledge of risk associated with the industry and claiming returns are the key drivers to this segment. The rising pool of high worth entities and the turnaround in the ownership of monetary assets that standardizes their demand across various regions. Medical liability continues to grow as the health facilities, and convenient care clinic is growing.

North America is the leading region of the Professional Liability Insurance Market over the forecast period

North America is a leading market for the liability insurance market owing to technological growth in every sector where the risk is associated with innovations. Competition among the key players of the industry is favoring the insurance market. Involvements of technologies in procurement transactions are accompanying with risk which fueling the industry.

Global Professional Liability Insurance Market Competitive Landscape

Companies such as Chubb Limited, AIG, Hiscox, Allianz, Tokio Marine Holdings, XL Group, AXA, Travelers, Assicurazioni Generali, Doctors Company, Marsh & McLennan, Liberty Mutual, Medical Protective and viva, Zurich, Sompo Japan Nipponkoa, Munich Re, Aon, Beazley and Mapfre are the key in the industry.

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The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of global professional liability insurance market size & forecast. The report promises to provide a state-of-the-art of professional liability insurance and industry insights that help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.

Table of Contents

1. Research Framework

• 1.1. Research Objective
• 1.2. Product Overview
• 1.3. Market Segmentation

2. Research Methodology

• 2.1. Qualitative Research
  • 2.1.1. Primary & Secondary Sources
• 2.2. Quantitative Research
  • 2.2.1. Primary & Secondary Sources
• 2.3. Breakdown of Primary Research Respondents, By Region
  • 2.3.1. Secondary Research
  • 2.3.2. Primary Research
• 2.4. Breakdown of Primary Research Respondents, By Industry Participants
• 2.5. Market Size Estimation
• 2.6. Assumption for the Study
• 2.7. Market Breakdown & Data Triangulation

3. Executive Summary

4. Global Professional Liability Insurance Market - Industry Insights

• 4.1. Industry Impact and Forces
  • 4.1.1. Growth Drivers
  • 4.1.2. Restraint
  • 4.1.3. Opportunities
  • 4.1.4. Trends
• 4.2. Competitor Analysis, 2018
  • 4.2.1. Company Shares
• 4.3. Industry Value Chain & Manufacturing Process
• 4.4. Porter Five Forces
• 4.5. Strategic Outlook
• 4.6. Technological Landscape

5. Global Professional Liability Insurance Market Overview

• 5.1. Market Size & Forecast
  • 5.1.1. By Value (USD)
• 5.2. Market Share & Forecast
  • 5.2.1. By Type
    • 5.2.1.1. Medical Liability Insurance
    • 5.2.1.2. Lawyer Liability Insurance
    • 5.2.1.3. Construction & Engineering Liability Insurance
    • 5.2.1.4. Other Liability Insurance
  • 5.2.2. By Application
    • 5.2.2.1. Up to $1 Million
    • 5.2.2.2. $1 Million to $5 Million
    • 5.2.2.3. $5 Million to $20 Million
    • 5.2.2.4. Over $20 Million
  • 5.2.3. By Region
    • 5.2.3.1. North America
    • 5.2.3.2. Europe
    • 5.2.3.3. Asia Pacific
    • 5.2.3.4. Latin America
    • 5.2.3.5. Middle East and Africa

6. North America Professional Liability Insurance Market

• 6.1. Key Regional Trends
• 6.2. Market estimates & forecast
  • 6.2.1. By Type
  • 6.2.2. By Application
  • 6.2.3. By Country
    • 6.2.3.1. U.S
    • 6.2.3.2. Canada

7. Europe Professional Liability Insurance Market

• 7.1. Key Regional Trends
• 7.2. Market estimates & forecast
  • 7.2.1. By Type
  • 7.2.2. By Application
  • 7.2.3. By Country
    • 7.2.3.1. Germany
    • 7.2.3.2. U.K
    • 7.2.3.3. France
    • 7.2.3.4. Italy

8. Asia Pacific Professional Liability Insurance Market

• 8.1. Key Regional Trends
• 8.2. Market estimates & forecast
  • 8.2.1. By Type
  • 8.2.2. By Application
  • 8.2.3. By Country
    • 8.2.3.1. China
    • 8.2.3.2. India
    • 8.2.3.3. Japan

9. Latin America Professional Liability Insurance Market

• 9.1. Key Regional Trends
• 9.2. Market estimates & forecast
  • 9.2.1. By Type
  • 9.2.2. By Application
  • 9.2.3. By Country
    • 9.2.3.1. Brazil
    • 9.2.3.2. Argentina

10. Middle East & Africa Professional Liability Insurance Market

• 10.1. Key Regional Trends
• 10.2. Market estimates & forecast
  • 10.2.1. By Product Type
  • 10.2.2. By Application
  • 10.2.3. By Country
    • 10.2.3.1. Saudi Arabia
    • 10.2.3.2. UAE

11. Company Profiles

• 11.1. Chubb Limited
  • 11.1.1. Company Overview
  • 11.1.2. Financial Matrix
  • 11.1.3. Key Product landscape
  • 11.1.4. Key Personnel
  • 11.1.5. Key Competitors
  • 11.1.6. SWOT
  • 11.1.7. Contact Address
  • 11.1.8. Strategic Outlook
• 11.2. AIG
• 11.3. Hiscox
• 11.4. Allianz
• 11.5. Tokio Marine Holdings
• 11.6. XL Group
• 11.7. AXA, Travelers
• 11.8. Assicurazioni Generali
• 11.9. Doctors Company
• 11.10. Marsh & McLennan
• 11.11. Other Prominent Players

12. Strategic Recommendation