XL Insurance takes the top spot with 18.2% market share

solicitors

The amount of premium in the UK solicitors’ professional indemnity (PI) insurance market has risen by £42.2m this year, with £255.7m of premium written at the 2011-2012 renewal compared to £213.5m the previous year.

XL is the insurer with the biggest appetite, with £46.7m of premium and an 18.2% market share, according to official Capita figures seen by Insurance Times.

Last year XL wrote £28.4m and was the third-largest insurer in the sector.

Inter Hannover was still the second-largest insurer and kept a similar appetite to the 2010-2011 year, writing £31.9m of business compared to £30.7m the year before.

QBE wrote £30.1m in the sector, up from £17.5m the year before.

For the full rankings, including year-on-year comparisons and analysis, click here.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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