Insurance evolves into a key business resilience tool

Insurance is evolving from a standard business expense into a critical tool for risk management and sustainability. This shift is driven by the climate crisis and increasing digital threats.

Natural disasters, such as floods and fires, are becoming recurring risks. In January 2026, heavy rainfall in Greece resulted in approximately €20 million in insurance claims. Simultaneously, cyberattacks have remained the top business risk for five consecutive years according to the Allianz Risk Barometer 2026. The rise of Artificial Intelligence is accelerating these threats through AI-generated phishing, deepfakes, and automated hacking tools.