The market is reverberating from the unprecedented volatility of the past three years. COVID-19, the war in Ukraine, energy prices, natural disasters exacerbated by climate change, and the cost-of-living crisis have all contributed to reshaping current market conditions.

Insurers are increasing premiums, to offset claims inflation and economic uncertainty, but also in response to rising asset values and claims costs due to social inflation. However, the backdrop of the cost-of-living crisis prevents them from pushing the premium rate through all at once.

Read our Public Sector and Education insurance market update for 2023 which covers:

  • Insurer reaction
  • Motor
  • Property
  • Casualty
  • Management Liability/D&O
  • Cyber
  • Legislation Changes
  • Procurement Legislation


For more information, please reach out to a Gallagher representative.


The sole purpose of this document is to provide guidance on the issues covered. This document is not intended to give legal advice, and, accordingly, it should not be relied upon. It should not be regarded as a comprehensive statement of the law and/or market practice in this area. We make no claims as to the completeness or accuracy of the information contained herein or in the links which were live at the date of publication. You should not act upon (or should refrain from acting upon) information in this publication without first seeking specific legal and/or specialist advice. Arthur J. Gallagher Insurance Brokers Limited accepts no liability for any inaccuracy, omission or mistake in this publication, nor will we be responsible for any loss which may be suffered as a result of any person relying on the information contained herein.