Free renewal forecast
What should your client expect at renewal?
Pick the covers they hold and their claims. See where rates are heading for each, from the latest published market indices, and send them a branded forecast before the renewal lands.
Example figures. Change them to your client's.
1The covers your client holds
2Claims in the last three years
3Exposure
Does the client export to the United States?
US exposure is priced apart, even in a soft market.
4Renewal month (optional)
For the line you send the client. It doesn't change the forecast.
Quick game
Higher or lower?
Before you see the forecast, guess which way rates are heading for each cover.
- Property and business interruption
- Public and products liability
- Employers' liability
- Motor fleet
- Directors and officers
Illustrative only, not advice. The policy wording and the insurer decide. Nothing you type leaves your browser unless you make the PDF.
The market now
A soft market, but not for every cover
-6%
for global commercial rates, the eighth quarterly fall.
Marsh Global Insurance Market Index, Q2 2026
In plain English
What moves a renewal
Three things decide the number on the renewal notice: the market, the client's claims and how much risk they now carry.
The market sets the tide
When insurers have spare capital and good results, they compete on price. That is today's soft market, led by property.
Claims swim against it
A client with recent claims rarely gets the average fall. Insurers price their own experience of the client on top of the market.
Exposure moves the bill
Premium is rate times exposure. More turnover, more sites or US exports can push the premium up while the rate falls.
Line by line
Where each cover is heading
The market ranges before any allowance for a client's claims, with the reason for each. Market data Q2 2026, as at 23 July 2026.
Property and business interruption
-15% to -5%
Rates falling
Marsh UK property fell 11% in Q2 2026, the tenth quarter of decreases.
Public and products liability
-6% to 0%
Rates steady
Marsh UK casualty fell 3% (5% without motor). US exposures are the exception.
Employers' liability
-5% to 0%
Rates steady
Part of casualty, which fell 3% in Q2 2026.
Motor fleet
-2% to +5%
Rates steady
Aon describes motor as flat while other lines soften.
Directors and officers
-6% to 0%
Rates steady
Marsh UK financial and professional lines fell 4%; D&O fell by a low single figure.
Professional indemnity
-8% to 0%
Rates steady
Marsh UK financial and professional lines fell 4% in Q2 2026.
Cyber
-10% to 0%
Rates falling
Marsh UK cyber fell 5% in Q2 2026.
What to say
Three conversations, three scripts
The forecast gives you the facts. Here is how brokers put them to clients.
Rates falling, no claims
“The market is in your favour this year. Let's use some of the saving to raise your limits or add cover you've gone without.”
Rates falling, recent claims
“Most businesses will see falls, but insurers will look hard at your claims. We'll present the steps you've taken since to get the best terms.”
Rates rising
“This cover is getting dearer across the market. We'll start early and approach more insurers so you have options.”
How brokers use it
Three habits for a good renewal
- 1
Set expectations early
Send the forecast 90 days out, so the renewal notice confirms what the client already knows rather than surprising them.
- 2
Use a soft market well
When rates fall, review limits and broaden cover for little or no extra cost, rather than banking the whole saving.
Marsh UK insurance rates, Q2 2026 - 3
Say what is market and what is them
Separate the market's move from the client's claims and growth. It keeps the conversation about facts, not blame.
The client PDF
A renewal forecast on your letterhead
Your logo and details, the outlook for each cover with its range and reason, the claims allowance and the sources. It sets expectations before the renewal notice does.
- Outlook for each cover
- Rate ranges, best and worst case
- Allowance for claims and US exports
- Market sources and date
What to expect at your renewal
-3.5% on average
Rates steady, market data Q2 2026
- Property and business interruption
- Public and products liability
- Employers' liability
- Motor fleet
A forecast of the market, not a quote.
Test yourself
Read the market: five renewal questions
Rates have fallen for two years running, but not everywhere and not for everyone. See how well you know where they are heading.
In Marsh's index for Q2 2026, which way did global commercial insurance rates move?
Questions brokers ask
The renewal forecast, answered
- Where do the ranges come from?
- From the latest published market indices, mainly Marsh's quarterly Global Insurance Market Index and Aon's market updates. We read them into a range for each line and refresh them every quarter. The date is on the page and the PDF.
- Is this a quote?
- No. It is the market's average direction, with a simple allowance for claims and US exports. Each insurer prices each risk on its own terms.
- How are claims allowed for?
- One claim in three years adds 5 points to both ends of each range, several claims add 12. It is a rule of thumb to start the conversation, not an insurer's loading.
- Why is employers' liability shown apart?
- Employers' liability is compulsory and priced on wageroll and claims. It moves with casualty, which fell 3% in Q2 2026.
- Does it cover changes in the client's turnover?
- No. The ranges are rate changes. A turnover rated premium also moves with turnover, so a growing client can pay more even when rates fall.
- Is my client's data stored?
- No. The forecast runs in your browser. Choices only leave it if you make the PDF, which goes to our report builder to print.
With a free trial
Every renewal on your book, forecast and started on time
Coverbound tracks every renewal date, drafts the renewal report and keeps last year's terms beside this year's. 14 days free, no card.
Tell your client before the renewal notice does
One minute now saves an awkward call later.
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