A recent GlobalData survey reveals that supply chain insurance has emerged as a vital safeguard for businesses amid rising geopolitical tensions, with 41.1% of respondents citing it as essential for daily operations. Cyber insurance follows closely, with 20.6% indicating a pressing need. Beatriz Benito, a lead analyst at GlobalData, emphasizes that organizations are increasingly anxious about business continuity due to risks like trade route blockages and cyberattacks. The ongoing conflicts in the Middle East and Eastern Europe further exacerbate these concerns, stressing the importance of robust insurance amidst constrained market capacity. Source and details of the news