Professional Indemnity Insurance in Switzerland



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Brochure More information from http://www.researchandmarkets.com/reports/2125635/ Professional Indemnity Insurance in Switzerland Description: Professional Indemnity Insurance in Switzerland is about the Swiss market for and distribution of policies covering professional liability. For 2009, 2013 and with a forecast for 2017, the study breaks down the market for professional indemnity insurance on a standardised basis by professional group with 12 categories considered as follows: - accountancy and finance; - alternative medicine; - architecture and engineering; - broadcasting and publishing; - estate agency and property; - financial and insurance intermediation; - healthcare-related services; - IT, management and financial consulting; - legal services; - marketing; - medicine and dentistry; - and other professional sectors. On the basis of a survey of 90 professional associations, it also identifies affinity schemes for professional indemnity insurance in Switzerland set up between professional associations and brokers or underwriters of this type of cover. In addition, it highlights other key underwriters and brokers of professional indemnity insurance and other distribution channels used to sell this form of insurance, and discusses key issues associated with the market. As such, the report is the most comprehensive analysis of professional indemnity insurance in Switzerland available in a published format. You may be able to use this report and the accompanying PartnerBASE dataset in one or more of the following ways: - to compare the size, growth rates and future prospects of professional indemnity insurance markets in Switzerland; - to evaluate the potential for your organisation to target professional indemnity propositions at specific professions; - to understand the competitive environment for broking and underwriting by professional category; - to gain access to a single comprehensive source of information providing broker and / or underwriter details for affinity schemes set up by professional associations in Switzerland for this form of insurance; - to appreciate which professional categories offer the best long-term potential, which are already saturated with competitors, and what product or distribution innovations are occurring. Contents: 0.0 EXECUTIVE SUMMARY 1.0 INTRODUCTION What is this report about? Finaccord s study breaks down individual country markets into 12 professional categories Rationale This series of reports brings this complex sector up to date...

... with affinity schemes researched in detail through the associated PartnerBASE dataset Methodology Association survey Market data Definitions Professional indemnity insurance Operating models Other notes PartnerBASE and market data annexe Finaccord 2.0 MARKET ANALYSIS Introduction Number of insurable enterprises By number, the IT and business consulting category is the largest professional sector in Switzerland Enterprises in all professional sectors grew in number between 2009 and 2013 Market size The Swiss market for professional indemnity insurance has expanded since 2009 Several medical sub-segments have experienced sharply rising premium rates...... although premiums for architects and engineers have been relatively stable Many Swiss lawyers have benefited from favourable prices for their professional indemnity policies Professional indemnity cover accounts for a small but growing proportion of the general liability market Affinity schemes Most affinity schemes are run in conjunction with a single external broker or underwriter Only two brokers lay claim to partnerships with more than one association Among underwriters, AXA Winterthur and Zurich hold the highest number of deals with professional bodies Other key insurance providers and distribution channels Several other brokers also possess visible expertise in professional indemnity cover AXA Winterthur is the leading underwriter for the medical and legal professions in Switzerland Market forecast The Swiss market for professional indemnity insurance is set for further growth up to 2017

LIST OF GRAPHICS / TABLES 0.0 EXECUTIVE SUMMARY Number of insurable enterprises and value of professional indemnity insurance in Switzerland, segmented by professional sector, 2013 1.0 INTRODUCTION Professional associations contacted by Finaccord, segmented by professional category and membership type 2.0 MARKET ANALYSIS Number and segmentation of insurable enterprises in Switzerland, 2013 Compound annual growth or decline in number of insurable enterprises in Switzerland, segmented by professional sector, 2009-2013 Number and segmentation of insurable enterprises in Switzerland, 2009-2013 (table) Gross written premiums for professional indemnity insurance in Switzerland segmented by professional sector, 2009 and 2013 Gross written premiums for professional indemnity insurance in Switzerland segmented by professional sector, 2009 and 2013 (table) Approximate gross written premiums for total general liability insurance and gross written premiums for professional indemnity insurance as a percentage of these in Switzerland, 2009 and 2013 Affinity schemes for professional indemnity insurance in Switzerland: provision rates and operating models, 2013 Affinity schemes for professional indemnity insurance in Switzerland: broker share of partnerships, 2013 Affinity schemes for professional indemnity insurance in Switzerland: underwriter share of partnerships, 2013 Forecast for gross written premiums for professional indemnity insurance in Switzerland segmented by professional sector, 2013 and 2017 Forecast for gross written premiums for professional indemnity insurance in Switzerland, segmented by professional sector, 2013 and 2017 (data) Ordering: Order Online - http://www.researchandmarkets.com/reports/2125635/ Order by Fax - using the form below Order by Post - print the order form below and send to Research and Markets, Guinness Centre, Taylors Lane, Dublin 8,

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