News & Events

Philip Hall talks to Insurance Day about sports injury insurance

Monday, May 13, 2019

With the sports injury/personal accident market hardening, Insurance Day has published an article which investigates the challenges the London market faces, current developments and issues, as well as future prospects.

As an international market leader in the sports, leisure and entertainment insurance market, our specialty group managing director, Philip Hall, joins others to share his insight.

Philip summarises and builds upon his comments below. Read the full article here.

The Sports PA Market

The sports personal accident market is definitely turning on a global basis, driven mainly by the performance focus at Lloyd’s. Available capacity as player values continue to grow and grow is also a factor.

I expect to see further retrenchment within Lloyd’s for the Sports PA market.  As the market hardens, and rates in other more profitable classes become more attractive, capital will inevitably follow and move away from what is largely regarded as a tricky and specialist class.  This is likely to prompt fewer but more specialist leaders in the class.

Sports medicine

We keep in regular contact with medical experts and advances in sports medicine. Ten years ago, a double leg fracture would have been considered a career-ending injury for a footballer; this is not necessarily the case now. Rates have reflected this improvement in sports medicine.

Concussion risk

There has definitely been an increased focus on concussion injuries, which has led to an increase in exclusions.  However, there is also a growing market for buy-back concussion exclusions in Lloyd’s.

Wearable tech

The improvements in wearable technology that can help mitigate player injuries is welcomed, but whether the information managers and teams receive is being acted upon is another matter. Professional Sports is a results-driven business, with a single position improvement in the Football leagues representing millions in potential income. As a result, managers are under huge pressure to deliver. This can have an impact on which players play and how often, which leads to a correlating potential increased risk of fatigue, or injury.

Read the full article

For more insight from Philip on the state of the sports injury market and to read the entire Insurance Day article, click here.

To discuss any sports injury or personal accident-related issues, email Philip via

This article does not represent personal advice or any recommendation. Please seek advice from your Insurance Broker who will be happy to look at your individual business needs and circumstances.

Tokio Marine HCC is a trading name of HCC International Insurance Company plc, which is a member of the Tokio Marine HCC Group of Companies. HCC International Insurance Company plc is authorised by the Prudential Regulation Authority (PRA) and regulated by the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority. Registered in England and Wales No. 01575839 with registered office at 1 Aldgate, London EC3N 1RE.