D&O, EPLI markets to remain firm for next 12-18 months amid labor shortage: Burns & Wilcox
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

D&O, EPLI markets to remain firm for next 12-18 months amid labor shortage: Burns & Wilcox

Burns wilcox logo help wanted labor shortage 2.jpg

Hard market conditions for the D&O and employment practices liability (EPL) insurance classes are expected to continue for at least 12 to 18 months, with staff shortages, wage inequality and overworked employees adding increased risk to those lines of business, according to senior Burns & Wilcox professional liability executives.

Speaking on the Burns & Wilcox Labor & Staffing shortages webinar, Ryan Ascenzo said that he expects litigation to increase as a result of the pandemic-induced staffing shortage, which would in turn influence pricing dynamics.

“I

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article