Global Professional Liability Insurance Competitive Landscape Professional Research Report 2024

Global Professional Liability Insurance Competitive Landscape Professional Research Report 2024



Research Summary

Professional liability insurance, also known as errors and omissions (E&O) insurance, is a type of coverage designed to protect professionals and businesses from claims related to professional negligence, errors, or omissions in the services they provide. This insurance is particularly relevant for individuals in professions that involve offering expert advice, services, or consultation, such as doctors, lawyers, consultants, and other professionals. Professional liability insurance can cover legal costs, settlements, and judgments that may arise from claims of mistakes, negligence, or failure to perform professional duties. It provides financial protection and helps safeguard the reputation of professionals and businesses by mitigating the potential financial impact of legal proceedings related to alleged professional errors. The specific coverage terms and limits depend on the policy and the nature of the professional services offered.

According to DIResearch's in-depth investigation and research, the global Professional Liability Insurance market size will reach XX US$ Million in 2024, and is expected to reach XX US$ Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be XX US$ Million, accounting for approximately XX% of the world. It is expected to reach XX US$ Million in 2030, and the global share will reach XX%.

The major global manufacturers of Professional Liability Insurance include Chubb (ACE), AIG, Hiscox, Allianz, AXA, Tokio Marine Holdings, XL Group, Assicurazioni Generali, Travelers, Doctors Company, Marsh & McLennan, Liberty Mutual, Medical Protective, Aviva, Zurich, Sompo Japan Nipponkoa, Munich Re, Aon, Beazley, Mapfre etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.

This report studies the market size, price trends and future development prospects of Professional Liability Insurance. Focus on analysing the market share, product portfolio, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Professional Liability Insurance market. The report data covers historical data from 2019 to 2023, base year in 2024 and forecast data from 2025 to 2030.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Professional Liability Insurance market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Professional Liability Insurance industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Professional Liability Insurance Include:

Chubb (ACE)

AIG

Hiscox

Allianz

AXA

Tokio Marine Holdings

XL Group

Assicurazioni Generali

Travelers

Doctors Company

Marsh & McLennan

Liberty Mutual

Medical Protective

Aviva

Zurich

Sompo Japan Nipponkoa

Munich Re

Aon

Beazley

Mapfre

Professional Liability Insurance Product Segment Include:

Medical Liability

Lawyer Liability

CPA Liability

Construction & Engineering Liability

Other Liability

Professional Liability Insurance Product Application Include:

Up to $1 Million

$1 Million to $5 Million

$5 Million to $20 Million

Over $20 Million

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Professional Liability Insurance Industry PESTEL Analysis

Chapter 3: Global Professional Liability Insurance Industry Porter’s Five Forces Analysis

Chapter 4: Global Professional Liability Insurance Major Regional Market Size and Forecast Analysis

Chapter 5: Global Professional Liability Insurance Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Professional Liability Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Professional Liability Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Professional Liability Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Professional Liability Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Professional Liability Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Professional Liability Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Professional Liability Insurance Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources


1 Professional Liability Insurance Market Overview
1.1 Product Definition and Statistical Scope
1.2 Professional Liability Insurance Product by Type
1.2.1 Global Professional Liability Insurance Market Size by Type, 2023 VS 2024 VS 2030
1.2.2 Medical Liability
1.2.3 Lawyer Liability
1.2.4 CPA Liability
1.2.5 Construction & Engineering Liability
1.2.6 Other Liability
1.3 Professional Liability Insurance Product by Application
1.3.1 Global Professional Liability Insurance Market Size by Application, 2023 VS 2024 VS 2030
1.3.2 Up to $1 Million
1.3.3 $1 Million to $5 Million
1.3.4 $5 Million to $20 Million
1.3.5 Over $20 Million
1.4 Global Professional Liability Insurance Market Revenue Analysis (2019-2030)
1.5 Professional Liability Insurance Market Development Status and Trends
1.5.1 Professional Liability Insurance Industry Development Status Analysis
1.5.2 Professional Liability Insurance Industry Development Trends Analysis
2 Professional Liability Insurance Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 Professional Liability Insurance Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global Professional Liability Insurance Market Analysis by Regions
4.1 Professional Liability Insurance Overall Market: 2023 VS 2024 VS 2030
4.2 Global Professional Liability Insurance Revenue and Forecast Analysis (2019-2030)
4.2.1 Global Professional Liability Insurance Revenue and Market Share by Region (2019-2024)
4.2.2 Global Professional Liability Insurance Revenue Forecast by Region (2025-2030)
5 Global Professional Liability Insurance Market Size by Type and Application
5.1 Global Professional Liability Insurance Market Size by Type
5.2 Global Professional Liability Insurance Market Size by Application
6 North America
6.1 North America Professional Liability Insurance Market Size and Growth Rate Analysis (2019-2030)
6.2 North America Key Manufacturers Analysis
6.3 North America Professional Liability Insurance Market Size by Type
6.4 North America Professional Liability Insurance Market Size by Application
6.5 North America Professional Liability Insurance Market Size by Country
6.5.1 US
6.5.2 Canada
7 Europe
7.1 Europe Professional Liability Insurance Market Size and Growth Rate Analysis (2019-2030)
7.2 Europe Key Manufacturers Analysis
7.3 Europe Professional Liability Insurance Market Size by Type
7.4 Europe Professional Liability Insurance Market Size by Application
7.5 Europe Professional Liability Insurance Market Size by Country
7.5.1 Germany
7.5.2 France
7.5.3 United Kingdom
7.5.4 Italy
7.5.5 Spain
7.5.6 Benelux
8 China
8.1 China Professional Liability Insurance Market Size and Growth Rate Analysis (2019-2030)
8.2 China Key Manufacturers Analysis
8.3 China Professional Liability Insurance Market Size by Type
8.4 China Professional Liability Insurance Market Size by Application
9 APAC (excl. China)
9.1 APAC (excl. China) Professional Liability Insurance Market Size and Growth Rate Analysis (2019-2030)
9.2 APAC (excl. China) Key Manufacturers Analysis
9.3 APAC (excl. China) Professional Liability Insurance Market Size by Type
9.4 APAC (excl. China) Professional Liability Insurance Market Size by Application
9.5 APAC (excl. China) Professional Liability Insurance Market Size by Country
9.5.1 Japan
9.5.2 South Korea
9.5.3 India
9.5.4 Australia
9.5.5 Indonesia
9.5.6 Vietnam
9.5.7 Malaysia
9.5.8 Thailand
10 Latin America
10.1 Latin America Professional Liability Insurance Market Size and Growth Rate Analysis (2019-2030)
10.2 Latin America Key Manufacturers Analysis
10.3 Latin America Professional Liability Insurance Market Size by Type
10.4 Latin America Professional Liability Insurance Market Size by Application
10.5 Latin America Professional Liability Insurance Market Size by Country
10.5.1 Mecixo
10.5.2 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Professional Liability Insurance Market Size and Growth Rate Analysis (2019-2030)
11.2 Middle East & Africa Key Manufacturers Analysis
11.3 Middle East & Africa Professional Liability Insurance Market Size by Type
11.4 Middle East & Africa Professional Liability Insurance Market Size by Application
11.5 Middle East & Africa Professional Liability Insurance Market Size by Country
11.5.1 Saudi Arabia
11.5.2 South Africa
12 Market Competition by Manufacturers
12.1 Global Professional Liability Insurance Market Revenue by Key Manufacturers (2020-2024)
12.2 Professional Liability Insurance Competitive Landscape Analysis and Market Dynamic
12.2.1 Professional Liability Insurance Competitive Landscape Analysis
12.2.2 Global Key Manufacturers Headquarter and Key Area Sales
12.2.3 Market Dynamic
13 Key Companies Analysis
13.1 Chubb (ACE)
13.1.1 Chubb (ACE) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.1.2 Chubb (ACE) Professional Liability Insurance Product Portfolio
13.1.3 Chubb (ACE) Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.2 AIG
13.2.1 AIG Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.2.2 AIG Professional Liability Insurance Product Portfolio
13.2.3 AIG Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.3 Hiscox
13.3.1 Hiscox Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.3.2 Hiscox Professional Liability Insurance Product Portfolio
13.3.3 Hiscox Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.4 Allianz
13.4.1 Allianz Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.4.2 Allianz Professional Liability Insurance Product Portfolio
13.4.3 Allianz Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.5 AXA
13.5.1 AXA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.5.2 AXA Professional Liability Insurance Product Portfolio
13.5.3 AXA Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.6 Tokio Marine Holdings
13.6.1 Tokio Marine Holdings Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.6.2 Tokio Marine Holdings Professional Liability Insurance Product Portfolio
13.6.3 Tokio Marine Holdings Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.7 XL Group
13.7.1 XL Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.7.2 XL Group Professional Liability Insurance Product Portfolio
13.7.3 XL Group Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.8 Assicurazioni Generali
13.8.1 Assicurazioni Generali Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.8.2 Assicurazioni Generali Professional Liability Insurance Product Portfolio
13.8.3 Assicurazioni Generali Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.9 Travelers
13.9.1 Travelers Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.9.2 Travelers Professional Liability Insurance Product Portfolio
13.9.3 Travelers Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.10 Doctors Company
13.10.1 Doctors Company Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.10.2 Doctors Company Professional Liability Insurance Product Portfolio
13.10.3 Doctors Company Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.11 Marsh & McLennan
13.11.1 Marsh & McLennan Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.11.2 Marsh & McLennan Professional Liability Insurance Product Portfolio
13.11.3 Marsh & McLennan Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.12 Liberty Mutual
13.12.1 Liberty Mutual Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.12.2 Liberty Mutual Professional Liability Insurance Product Portfolio
13.12.3 Liberty Mutual Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.13 Medical Protective
13.13.1 Medical Protective Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.13.2 Medical Protective Professional Liability Insurance Product Portfolio
13.13.3 Medical Protective Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.14 Aviva
13.14.1 Aviva Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.14.2 Aviva Professional Liability Insurance Product Portfolio
13.14.3 Aviva Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.15 Zurich
13.15.1 Zurich Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.15.2 Zurich Professional Liability Insurance Product Portfolio
13.15.3 Zurich Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.16 Sompo Japan Nipponkoa
13.16.1 Sompo Japan Nipponkoa Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.16.2 Sompo Japan Nipponkoa Professional Liability Insurance Product Portfolio
13.16.3 Sompo Japan Nipponkoa Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.17 Munich Re
13.17.1 Munich Re Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.17.2 Munich Re Professional Liability Insurance Product Portfolio
13.17.3 Munich Re Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.18 Aon
13.18.1 Aon Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.18.2 Aon Professional Liability Insurance Product Portfolio
13.18.3 Aon Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.19 Beazley
13.19.1 Beazley Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.19.2 Beazley Professional Liability Insurance Product Portfolio
13.19.3 Beazley Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
13.20 Mapfre
13.20.1 Mapfre Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.20.2 Mapfre Professional Liability Insurance Product Portfolio
13.20.3 Mapfre Professional Liability Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)
14 Industry Chain Analysis
14.1 Professional Liability Insurance Industry Chain Analysis
14.2 Professional Liability Insurance Industry Raw Material and Suppliers Analysis
14.2.1 Upstream Key Raw Material Supply Analysis
14.2.2 Raw Material Suppliers and Contact Information
14.3 Professional Liability Insurance Typical Downstream Customers
14.4 Professional Liability Insurance Sales Channel Analysis
15 Research Findings and Conclusion
16 Methodology and Data Source
16.1 Methodology/Research Approach
16.2 Research Scope
16.3 Benchmarks and Assumptions
16.4 Date Source
16.4.1 Primary Sources
16.4.2 Secondary Sources
16.5 Data Cross Validation
16.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings