How Big Is the General Liability Insurance Market | Forecast & Insights 2025

Q: How big is the general liability insurance market?

The general liability insurance market was estimated at USD 152.8 billion in 2024 and is projected to reach USD 224.1 billion by 2031

Q: What factors are driving the general liability insurance market?

Primary drivers include SME growth, regulatory demands, and rising third-party liability risks

Q: Who are the top companies in the general liability insurance market?

Major players include Allianz, AIG, Chubb, AXA, and The Hartford

Q: What are some recent trends in the market?

Trends include digital underwriting, insurtech growth, risk-based pricing, and bundled policy offerings

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6127

Publication Date: Jul 2025

What is the size of the General Liability Insurance Market?

According to 6Wresearch internal database and industry insights, the General Liability Insurance Market was estimated at USD 152.8 billion in 2024 and is projected to reach USD 224.1 billion by 2031, growing at a CAGR of 9.8% during the forecast period 2025–2031.

The general liability insurance market is expected to rise due to growth factors like increased risk awareness among businesses, regulatory requirements, growth of the SME sector, seeking protection against third-party claims, legal liabilities, and operational risks amid tightening regulations.

Key Growth Drivers of the General Liability Insurance Market

Increase in small and medium enterprise activity across industries
Growing awareness of risk management and regulatory compliance
Rising number of liability claims related to property damage or injury
Expansion of the gig economy and independent contractor workforce
Demand for comprehensive coverage amid evolving legal frameworks

General Liability Insurance Market Trends

General liability insurance market is moving forward with notable trends such as offering customizable policies for startups and freelancers. Usage-based and industry-specific products are being introduced to attract new segments. Further, digital underwriting platforms and AI-powered claim handling are enhancing efficiency. Risk-based pricing models are improving cost predictability for clients. Furthermore, the legal tech integration is helping insurers assess litigation risks in real time.

Emerging Developments in the General Liability Insurance Market

General liability insurance market is developing as the insurance tech firms are launching fast, app-based policy issuance for contractors. Also, AI and big data are being used to assess exposure and streamline claims. The cyber liability and digital risk coverage are being bundled with general liability plans. Further, the legal advisory services are now being offered as value-added benefits.Blockchain is being explored for claims validation and fraud detection.