The risks businesses face are increasingly complicated and interconnected. We’re seeing the rise of non-physical risks like cyber and an uncertain legislative agenda. This risk insights report found, unsurprisingly, that public health events topped businesses' key risks followed by changes in legislation and business interruption.

Ransomware attacks have continued hitting the headlines, and has rapidly become the key cyber threat to organisations globally. This despite an increasingly active and disruptive geopolitical threat picture with individual organisations, global supply chains and critical infrastructure also increasingly targeted by state-linked actors.

The Insurance Act was the most fundamental change to UK law governing commercial insurance and reinsurance since the Marine Insurance Act 1906. It governs all polices placed, amended or renewed after the 12th August 2016 and aimed to address the imbalance between insurer and insured rights and encourage a deeper understanding of the risk by all relevant parties. The legislation made significant changes to: the pre-contract duty of disclosure, insurer remedies in the event of a breach of the new duty of fair representation and certain terms used in policy wordings. This guide aims to assist risk professionals in making the most of the benefits of the Insurance Act, while ensuring their own compliance with the duties placed upon them.

The digital technologies and systems created today are introducing both far-reaching opportunities and challenges alike for security professionals and business leaders. This makes it more and more crucial to adopt a holistic view of how the intertwined global digital ecosystem of tomorrow may impact your organisation and its security. Fine tuning risk management strategies to navigate these shifting tides in the global digital threat landscape is essential.