{"id":25250,"date":"2026-07-31T14:54:14","date_gmt":"2026-07-31T14:54:14","guid":{"rendered":"https:\/\/www.insurancejournal.com\/?p=879844"},"modified":"2026-07-31T14:54:14","modified_gmt":"2026-07-31T14:54:14","slug":"supply-chain-insurance-is-must-have-cover-during-geopolitical-tensions-globaldata","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2026\/07\/31\/supply-chain-insurance-is-must-have-cover-during-geopolitical-tensions-globaldata\/","title":{"rendered":"Supply Chain Insurance Is \u2018Must-Have\u2019 Cover During Geopolitical Tensions: GlobalData"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2026\/01\/global-risk-AdobeStock_1237861689-580x325.jpeg\"><\/p>\n<ul class=\"nav nav-tabs tabs tabs-entry\">\n<li class=\"active\"><a href=\"https:\/\/www.insurancejournal.com\/news\/international\/2026\/07\/31\/879844.htm\">Article<\/a><\/li>\n<li><a href=\"https:\/\/www.insurancejournal.com\/news\/international\/2026\/07\/31\/879844.htm?comments\" rel=\"nofollow\">0 Comments<\/a><\/li>\n<\/ul>\n<div class=\"article-content clearfix\">\n<p>Supply chain insurance is seen by businesses as a must-have protection during periods of geopolitical tensions \u2014 in order to safeguard their daily commercial operations, <a href=\"https:\/\/www.globaldata.com\/media\/insurance\/supply-chain-insurance-seen-as-must-have-protection-amid-global-instability-finds-globaldata\/\" target=\"_blank\" rel=\"noopener\">according to GlobalData<\/a>, the London-based data and analytics company.<\/p>\n<p>Supply chain insurance (41.1%) is the product expected to see the highest demand due to current geopolitical tensions, with cyber insurance identified as the second most sought-after product, accounting for 20.6% of responses, found a survey conducted by GlobalData.<\/p>\n<div class=\"bzn bzn-sized bzn-intext\">\n<ins data-revive-zoneid=\"79\" data-revive-block=\"1\" data-revive-id=\"36eb7c2bd3daa932a43cc2a8ffbed3a9\"><\/ins> <\/div>\n<p>\u201cOrganizations are deeply concerned about business continuity amid the cascading risks linked to a highly volatile geopolitical landscape,\u201d commented <a href=\"https:\/\/www.linkedin.com\/in\/beatriz-benito-43675b39\/\" target=\"_blank\" rel=\"noopener\">Beatriz Benito<\/a>, Iead insurance analyst, GlobalData, in a statement.<\/p>\n<p><strong>Read more:<\/strong> <a href=\"https:\/\/www.insurancejournal.com\/news\/international\/2026\/07\/31\/879825.htm\" target=\"_blank\" rel=\"noopener\">Japan Earthquake Halts Auto and Chip Plants, Testing Supply Chain Resilience<\/a><\/p>\n<p>\u201cIn contrast, demand for specialist transport and direct asset protection is lower. This highlights that organizations are deeply concerned about trade route blockages, state-sponsored cyberattacks, and collateral revenue losses that can have a cascading effect on operations, threatening day-to-day business continuity,\u201d Benito added.<\/p>\n<p><a href=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2026\/07\/supply-chain-insurance-expected-to-see-highest-demand-due-to-geopolitics-GlobalData.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-879845 size-full\" src=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2026\/07\/supply-chain-insurance-expected-to-see-highest-demand-due-to-geopolitics-GlobalData.png\" alt width=\"602\" height=\"338\" srcset=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2026\/07\/supply-chain-insurance-expected-to-see-highest-demand-due-to-geopolitics-GlobalData.png 602w, https:\/\/www.insurancejournal.com\/app\/uploads\/2026\/07\/supply-chain-insurance-expected-to-see-highest-demand-due-to-geopolitics-GlobalData-300x168.png 300w, https:\/\/www.insurancejournal.com\/app\/uploads\/2026\/07\/supply-chain-insurance-expected-to-see-highest-demand-due-to-geopolitics-GlobalData-580x326.png 580w\" sizes=\"auto, (max-width: 602px) 100vw, 602px\"><\/a><\/p>\n<p>Ongoing conflicts in the Middle East and Eastern Europe are creating specific trade bottlenecks such as those in the Suez Canal and Strait of Hormuz, leading to widespread shipping reroutes, while alternative maritime corridors are emerging, said GlobalData.<\/p>\n<p>Meanwhile, the U.S. shift toward economic nationalism\u2014marked by sudden tariff hikes, export restrictions, and sanctions\u2014is pressuring international trade supply networks, the report continued.<\/p>\n<div class=\"bzn bzn-sized bzn-intext-2\">\n<ins data-revive-zoneid=\"162\" data-revive-block=\"1\" data-revive-id=\"36eb7c2bd3daa932a43cc2a8ffbed3a9\"><\/ins> <\/div>\n<p>\u201cInsurers struggle to adapt to the rapidly changing risk landscape, compromising product availability. Although demand exists, insurance capacity is paradoxically constrained as many insurers pull products from the market, fearing the risks are unquantifiable,\u201d Benito said.<\/p>\n<p>\u201cOnly insurers with the most risk appetite are willing to adapt their underwriting strategies and product offerings,\u201d he added. \u201cThis requires providers to tighten policy wordings and exclusions around tariffs and sanctions, as well as to stress-test products to avoid catastrophic losses from a single event. In addition, real-time geospatial tracking is gradually gaining traction as a way to assess risks accurately and improve underwriting.\u201d<\/p>\n<p>GlobalData said its poll was run on Verdict Media sites during the second quarter of 2026, in Q2 2026, garnering 107 responses from industry practitioners.<\/p>\n<p><em>Source: GlobalData Plc<\/em><\/p>\n<p><strong>Related:<\/strong><\/p>\n<\/p><\/div>\n<div class=\"article-poll\" data-post=\"879844\">\n<div class=\"article-poll-vote\">\n<p>Was this article valuable?<\/p>\n<\/p><\/div>\n<div class=\"article-poll-feedback voted-no\">\n<form class=\"feedback-form\">\n<p>Thank you! 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