Hidden risks & rising pressures: Navigating the new era of professional liability

Rising claims costs, evolving legal risks, and the growing impact of AI and digital services are reshaping the professional liability landscape in 2026. In this Q2 Professional Risks Power Panel from Insurance Business Canada, industry experts break down the mounting pressure on defense costs, the expanding scope of liability across project stakeholders, and the urgent need for clearer policy wording to address “silent exposures.” Featuring insights from senior leaders across specialty insurance and professional lines, the discussion zeroes in on how firms can avoid coverage gaps, navigate complex claims environments, and adapt to emerging risks tied to ESG, advisory services, and technology-driven operations. This is a critical briefing for insurers, brokers, and professionals looking to stay ahead of a rapidly shifting risk environment.