Apex Reports

The Apex research and market reports library

Published annually by Apex Insurance Brokers Limited (FCA FRN 724952). Documenting the UK professional indemnity market — cost, capacity, cover, claims and regulation — with a five-year commitment to consistent structure so each edition is citable against the last.

The four annual publications

Four editions each year, each aligned to a natural information need in the UK PI cycle. Each publication is peer-reviewed by an FCA-approved individual before release and carries the Apex disclosure.

Q3 · Published August each year
Edition 1 · 2026

Solicitors PII Market Report

The annual reference on the qualifying-insurer market for smaller SRA-regulated firms — capacity, pricing, cover terms, EPP behaviour, and out-of-market segments. Published six-eight weeks before the 1 October renewal cycle so firms and brokers can factor it into decisions.

Read Edition 1 (2026, smaller firms)
Q4 · Published November each year
Edition 1 · November 2026

Annual Underwriting Outlook

A forward-looking piece written from the broker's seat. Which insurers are opening and closing, which classes are hardening and softening, what is expected across each profession in the coming twelve months. Covers all nine professional-firm sectors.

Publishing November 2026.
Q1 · Published February each year
Edition 1 · February 2027

Annual Claims Review

An anonymised look at what claims across the professional-firm book actually looked like in the prior year — by profession, by trigger type, by quantum band. Shows what is rising, what is falling, and what it means for firms preparing for renewal.

Publishing February 2027.
Q2 · Published May each year
Edition 1 · May 2027

Professional Indemnity Index

A single measurable metric — the Apex PI Index — tracking year-on-year professional indemnity cost movement, with nine sub-indices by profession. Transparent methodology so the Index can be cited in academic and press coverage.

Publishing May 2027.

Reference guides — standalone research

Deep-dive reference guides updated as legislation, case law or regulation changes. Not on an annual cadence — updated when the underlying rules move.

Cross-regulator
Aggregation clauses by regulator
Side-by-side across SRA MTC, ICAEW, ACCA, RICS Approved Wording, ARB and MIPRU. AIG Europe v Woodman [2017] UKSC 18 discussed.
Statutory reference
Insurance Act 2015 — Fair Presentation
Section-by-section reference on s.3, s.4, s.7 and Schedule 1 for commercial-customer disclosures.
Statutory reference
Limitation periods in professional negligence
Contract vs tort clocks, s.14A latent damage, s.14B fifteen-year long-stop, s.32 concealment, BSA 2022 s.135 thirty-year extension.
Regulatory reference
Building Safety Act 2022 s.135
Principal Designer duties, RBCA obligations, CDM 2015 interaction, retrospective / prospective extensions.
Broker structure
Directly authorised vs appointed representative
FSMA 2000 and FCA Handbook distinction between DA and AR brokers, with implications for professional-firm clients.
Renewal playbook
1 October SRA solicitor renewal walkthrough
Month-by-month June to October playbook, plus EPP / Cessation Period mechanics for SRA-regulated firms.

Citation, press and academic use

Apex reports and reference guides are written to be citable in professional press, academic work and Wikipedia. Please see our press page for the citation format and media contact.

Where an editor or researcher wants to verify a specific claim, quote a figure, or attribute a position from any Apex publication, email info@apexinsurancebrokers.co.uk and we will provide the underlying source in writing.

Maintained by Matthew Bartlett, Director · Apex Insurance Brokers Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 724952. Last reviewed 10 July 2026.