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Survey Report

Willis A&E 2021 Marketplace Realities

Architects and engineers insurance market report

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April 27, 2021

This report provides an overview on insurance pricing, underwriting selection and avaible insurance capacity in 2021.

This in-depth report provides an overview on what design professional firms across North America can expect in 2021 when it comes to insurance pricing, underwriting selection and available insurance capacity.

The bottom line is that we are in the midst of one of the hardest markets we’ve seen in the broader property and casualty (P&C) marketplace and, while the A&E market has been fairly insulated from the dramatic rate increases and constriction in capacity, we have seen a definite constriction in available capacity and expect the next 12 months to be a challenging period for many design firms.

2021 A&E rate forecasts

2021 A&E rate forecasts
  Range
Professional liability: +5% to +15%
General liability/Package: Flat to +5%
Auto: +5% to +15%
Professional liability: +5% to +15%
WC: Flat to +5%
Umbrella: +5% to +15%
Management liability: +5% to +15%
Cyber: +10% to +50%
Download
Title File Type File Size
Willis A&E 2021 Marketplace Realities PDF 2.6 MB
Contact

Daniel T. Buelow
Managing Director

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