D&O, EPLI markets to remain firm for next 12-18 months amid labor shortage: Burns & Wilcox
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D&O, EPLI markets to remain firm for next 12-18 months amid labor shortage: Burns & Wilcox

Giovanna Bellotti Azevedo
January 05, 2022
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Hard market conditions for the D&O and employment practices liability (EPL) insurance classes are expected to continue for at least 12 to 18 months, with staff shortages, wage inequality and overworked employees adding increased risk to those lines of business, according to senior Burns & Wilcox professional liability executives.

Speaking on the Burns & Wilcox Labor & Staffing shortages webinar, Ryan Ascenzo said that he expects litigation to increase as a result of the pandemic-induced staffing shortage, which would in turn influence pricing dynamics.

“I

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Giovanna Bellotti Azevedo
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