Medical malpractice insurers may be seeing an opportunity for the market to become profitable, according to a new study, but seizing it will require insurers to recognize the unique aspects of the market.
The study, "Medical Malpractice: Getting Ahead of the Curve," conducted by Conning Research and Consulting Inc., noted that medical malpractice insurance has been stable since its last market disruption in 2000 and that the stage may be set for insurers to achieve profitable growth.
"The medical malpractice industry has changed structurally since the market crisis of the early 2000s and is poised for long-term profitable growth," said Mark Jablonowski, an analyst at Conning.
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