UK Management Liability Claims Insights 2021 – Half Year Review

In the first half of 2021 the number of management liability claims received by Marsh Specialty UK was on par with the previous two years.

We expect the number of claims to increase in the second half of the year given the challenges companies may face when pandemic-related government assistance is withdrawn.

As anticipated, directors and officers (D&O) claim notifications accounted for more than half the total number of claims received, followed by employment practices liability (EPL), commercial crime, and lastly pension trustees liability (PTL).

COVID-19-related claims were more prevalent in relation to EPL policies than D&O, and patterns emerged as to the industries seeing the most claims during the first half of the year.

To read more about what claims have arisen and where, as well as what we anticipate for the remainder of 2021, based on the data so far, please download our report.