UK Underwriting Mid-Year 2024 Market Update & Salary Benchmarking

by James Sibthorp

We are delighted to present the mid-year 2024 Underwriting Market Insights, which aims to provide a digestible analysis of market trends and salary data over the past 12 months across multiple classes of business. While hiring began to level out and decline in H2 2023, certainly in comparison with 2021 and 2022, returning to ‘normalised’ pre-Covid numbers, the market continues to ebb and flow with various themes at the forefront.

This comprehensive report shares key observations across the underwriting market within the insurance sector, highlighting renumeration insights, equality, diversity and inclusion, current 2024 trends, technology impacts and salary benchmarking across 18 classes of business.

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