Converging risks drive renewed focus on insurance

Businesses are facing a more interconnected risk landscape, with environmental, geopolitical, technological and governance exposures increasingly overlapping, according to Beazley’s 2026 Risk and Resilience survey.

The survey of 3,500 risk specialists and insurance buyers across the UK, US, Canada, Singapore, Germany, France and Spain found that 94% plan to strengthen resilience through insurance and risk management in 2026.

Some 31% said they intend to invest in risk management and loss prevention. A further 29% plan to explore insurance that includes risk and crisis management services. Meanwhile, 24% plan to invest in alternative risk transfer vehicles and 23% are considering parametric insurance.

Paul Bantick, chief underwriting officer at Beazley, commented: “Our latest Risk and Resilience survey reveals that organisations are entering an era of converging risk, where digital, transitional and geopolitical disruption are creating simultaneous pressures across every part of the business. Those best positioned to thrive will be the ones that grasp how interconnected risks amplify one another and turn resilience into a strategic advantage.

“As disruption becomes routine, companies are looking to specialty insurance not only for protection but as a core pillar of long term growth in an increasingly volatile world.”

The research was conducted in January 2026 in partnership with Opinion Matters. Respondents represented internationally operating companies with annual revenues ranging from 250,000 in local currency to more than 1bn.



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