PI Market Report podcast series: spotlight on the regions

In the first episode of the Professional Indemnity (PI) Market Report podcast series, we look at the transformation of the UK regional market and unpack the key issues and trends highlighted in the report.

Naomi Campbell, Legal Director at Clyde & Co, Northern Ireland and Beverley Atkinson, Legal Director at Clyde & Co, Scotland are joined by Darrel McCartan, Financial Lines Director at Arden Insurance Brokers Ltd, and Robert Morris, Head of FinPro Commercial at Marsh Specialty. Together, they explore the key regional themes influencing the UK PI regional markets.

Throughout the podcast, the panel discuss the level of market confidence and growth across Scotland and Northern Ireland, with commentary on underwriting and claims resourcing, capacity concerns, the evolving energy and technology sectors, and the influence of MGAs. The panel also touch on issues shaping the future of the PI market - from AI and cyber risk to claims inflation, ESG, and diversity and inclusion.

While regional markets may be experiencing more gradual growth than London and other parts of the UK, there is continued optimism. Construction remains a dominant sector, but areas like gaming and new energy are beginning to show promise. This episode provides valuable insight into how local dynamics are shaping the PI market landscape - and what might come next.