Professional Liability Insurance Market 2019 By Key Players 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 Nipp

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.

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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.

The global Professional Liability Insurance market is valued at 38400 million USD in 2018 and is expected to reach 45600 million USD by the end of 2024, growing at a CAGR of 2.9% between 2019 and 2024.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Professional Liability Insurance.

Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.

This report studies the Professional Liability Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Professional Liability Insurance market by product type and applications/end industries.

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This report covers Analysis of Global Professional Liability Insurance Market Segment by Manufacturers
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

Global Professional Liability Insurance Market Segment by regional analysis covers
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Global Professional Liability Insurance Market Segment by Type
Medical Liability Insurance
Lawyer Liability Insurance
Construction & Engineering Liability Insurance
Other Liability Insurance

Global Professional Liability Insurance Market Segment by Applications, can be divided into
Up to $1 Million
$1 Million to $5 Million
$5 Million to $20 Million
Over $20 Million

Some of the Points cover in Global Professional Liability Insurance Market Research Report is:
Chapter 1: Describe Professional Liability Insurance Industry
• Introduction,
• Product Scope,
• Market Overview,
• Market Opportunities,
• Market Risk,
• Market Driving Force
Chapter 2: To analyze the top manufacturers of Professional Liability Insurance Industry in 2016 and 2017
• Sales
• Revenue and price
Chapter 3: Competitive analysis among the top manufacturers in 2016 and 2017
• Sales
• Revenue and market share
Chapter 4: Global Professional Liability Insurance Market by regions from 2014 to 2019
• Sales
• Revenue and market share
Chapter 5, 6, 7 and 8: Global Professional Liability Insurance Market by key countries in these regions
• Sales
• Revenue and market share
Chapter 9 and 10: Global Professional Liability Insurance Market by type and application from 2014 to 2019
• Sales
• Revenue and market share
• Growth rate
Chapter 11:Professional Liability Insurance Industry Market forecast from 2019 to 2024
• Regions
• Type and application with sales and revenue
Chapter 12 and 13:Professional Liability Insurance Industry
• Sales channel
• Distributors
• Traders and dealers
• Appendix
• Data source

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