News & Insights

H2 2021 Business Insurance & Risk Market Update: October report overview

Published 18 October 2021

As we move towards the final months of 2021, the insurance market hard cycle is approaching its fifth year and there’s little sign of significant recovery. Limited capacity continues to push premium increases, and across the board we are seeing every risk put under increased scrutiny by insurers looking to protect their own balance sheets by limiting their exposure. 

In the Business Insurance & Risk Market Update H2 21 report, our experts provide market insights and offer guidance to help you ensure a successful renewal outcome.

Business Insurance & Risk Market Update H2 21

  • Placement and market update – how telling your business’s story helps sell your risk
  • Claims – insurers are experiencing testing times and this may be reflected in claims service
  • Directors and officers’ liability – D&O challenges facing overseas businesses listing on the ASX
  • Energy sector – analysis of the insurance and regulatory issues surrounding energy asset sell-offs
  • Renewals and reviews – why businesses need to take a lateral approach to insurance options
  • Workplace risk – workplace resilience is at a tipping point: what this means for employers.

 

 

How this report can help businesses face the future with confidence

Experts within the Gallagher network offer perspectives on critical trends and changes shaping the insurance and business landscape to help inform business risk strategies and practices.

Working with Gallagher provides access to industry experts who can assist your business in formulating the risk and insurance solutions that achieve optimum protection amidst navigating complex market conditions.

 

Looking for risk and insurance advice?

During this time of uncertainty you can turn to our Gallagher experts for advice and guidance. We are here for you and will do everything we can to help you face the future with confidence.

Gallagher provides insurance, risk management and benefits consulting services for clients in response to both known and unknown risk exposures. When providing analysis and recommendations regarding potential insurance coverage, potential claims and/or operational strategy in response to national emergencies (including health crises), we do so from an insurance and/or risk management perspective.
Natural therapist insurance cover: what it is and why you should consider it?
Business Risks | Article

Natural therapist insurance cover: what it is and why you should consider it?

24 November 2021
Is management liability insurance necessary?
Business Risks | Article

Is management liability insurance necessary?

03 November 2021
What is industrial special risks (ISR) insurance?
Business Risks | Article

What is industrial special risks (ISR) insurance?

12 October 2021