ARAG commissioned independent research into commercial brokers’ experiences with and attitudes towards legal expenses insurance, to find out how they see the market and what they really want from products and providers.
Commercial insurance brokers have seen increased demand among clients for both regular legal expenses insurance (LEI) products and the more focussed employment practices liability (EPL) cover.
While the legal protection market in the UK has grown steadily since the first products were introduced in the 1970s, the pandemic appears to have accelerated demand for and of the cover. ARAG’s research shows that many brokers believe commercial awareness of potential legal issues and risks has increased significantly during the past two years.
Download this content for analysis of the research findings.
Topics covered:
• How has the pandemic affected the market for commercial legal expenses insurance?
• How will the market for LEI and EPL develop over the coming year?
• The difference between LEI and EPL.
• What is most important to brokers when choosing LEI products to offer clients?
• What features of LEI products do brokers think are most appealing to clients?