MGB discuss navigating the hard PII market on the Insurance Business UK podcast

MGB Insurance Brokers joint managing director, Nick Bender, and head of broker development, Pat Boreham, recently featured on the Insurance Business UK podcast to discuss the hardening of the Professional Indemnity Insurance market as rate increases and cover restrictions are creating tough changes for brokers to confront. In the episode, Nick and Pat explain how the market arrived at its current state and the impact of the COVID-19 pandemic, while discussing the challenges that brokers face, how underwriters approach risks differently in a soft and hard market, and the solutions available to brokers today.