Specialty insurer Beazley found that by 2026, global businesses will face a more interconnected risk environment, with technology and geopolitical pressures becoming common key concerns.
Beazley reports in its latest Risk & Resilience Survey that organizations are responding by embedding insurance and structured risk management more deeply into their long-term strategies.
The survey, conducted in January 2026, gathered feedback from 3,500 business leaders in the UK, US, Canada, Singapore, Germany, France and Spain. Beazley highlighted the strong desire among respondents to build resilience through insurance and risk management.
Specifically, 31% of respondents plan to invest in risk management and loss prevention initiatives, 29% intend to explore insurance that incorporates risk and crisis management, 24% are considering alternative risk transfer vehicles, and 23% are exploring parametric insurance based on event triggers to provide fixed payouts. Overall, 94% of global businesses say they plan to build resilience through insurance and risk management in 2026.
Beazley’s 2026 data also shows that technology risks and geopolitical and economic risks each account for 25% of the overall concerns of the business leaders surveyed. Climate and environmental risks account for 20%, while board-related risks also account for 20%, reflecting what Beazley calls risk convergence.
Paul Bantick, chief underwriting officer at Beazley, commented: “Our latest risk and resilience survey shows that organizations are entering an era of converging risks, with digitalization, transformation and geopolitical disruption putting pressure on all parts of the business simultaneously.
“Those best equipped to thrive will be those who grasp how interconnected risks amplify each other and turn resilience into strategic advantage. As disruption becomes commonplace, companies are looking to specialty insurance not just to provide protection, but as a core pillar of long-term growth in an increasingly volatile world.”