Allianz report reveals 51% of companies fear civil unrest as protests spike worldwide; terrorism, state-sponsored sabotage, and environmental activism pose growing threats to operations.
Staffing shortages create additional risk as companies increase dashcam adoption by 29% and expand hands-free policies to protect drivers, a Nationwide survey finds.
Sensors collecting hyper-localized data on dozens of environmental factors are helping to build a better understanding of exposure to extreme weather events, and giving insureds more opportunities to predict and prevent losses.
The risks the world now faces – climate change, economic instability, political crises, cyber crime, supply chain disruptions – are overlapping and amplifying each other.
California wildfires will add pressure to Bermuda reinsurers’ 2025 earnings despite strong capital positions and disciplined underwriting practices, the rating agency said.
Global business leaders downplay climate risks despite mounting environmental disasters and supply chain disruptions worldwide, a Beazley survey finds.
Industry expert Michael Cwynar of Enlyte outlines the delicate balance between technological innovation and professional expertise in navigating the complex new landscape of AI.
“We’re focused on delivering exceptional value to our customers, not just within the US but on a global scale. Exploring new ways to serve our clients better is a top priority.”
The cyber insurance market is evolving rapidly, balancing competitive pricing with rising threats. Businesses must stay proactive in managing cyber risks.