Insurance Post

Competition keeps prices low for Italian PI

Davide Bolloco

Italian legislation making professional indemnity insurance compulsory presents opportunities for insurers, but competition is keeping prices low, according to Davide Balloco, head of PI for Markel in Italy.

"There is a lot of capacity and a lot of competition for this business. As such the rates are very low. Probably they have reached a level which has not been touched for ages," he explained.

"This is

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