Social inflation is one of the biggest disruptors facing the insurance industry, driving compensation cost over and above basic economic trends. While the phenomenon has predominantly plagued US Casualty lines, its reach is not limited to the US alone.
In this webinar, we’ll look at the factors that are driving social inflation and discuss their impact on insurers in Europe and the UK. We’ll also explore the growing influence of litigation funders and evolving threat of class actions to show that social inflation is to be taken seriously in Europe.