Many business owners assume that BI is covered under their business owner’s policy or commercial property policy. They are not always aware of what may or may not trigger coverage, or that it may be an optional coverage that needs to be customized.
The 2024 FM Global Resilience Index, with six new risk factors, guides businesses in strategic decision-making on property and operations in the most resilient business environment.
The Allianz Risk Barometer 2023 reveals growing civil unrest as a top concern. Here are the top things for risk and insurance professionals to consider.
Enhancement of building defenses, emergency planning and financial risk transfer can help businesses recover in the face of increasingly frequent and strong storms.
Better data analytics is enabling a number of new parametric insurance solutions from a product to cover losses caused by an active assailant to ways to manage supply chain risk.
In March, a large container ship blocked the Suez Canal for six days, costing nearly $400 million an hour in global trade losses. Now, cargo and vessel owners are asking, “Who foots the bill?”