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[BUSINESS] · United Arab Emirates, United States · 2 sources

UAE businesses boost resilience with BCM consultants amid rising global supply‑chain insurance demand

Organizations in the United Arab Emirates are turning to specialised Business Continuity Management (BCM) consultants, including ISO 22301 and NCEMA 7000 experts, to build robust resilience against cyber threats, supply‑chain interruptions, natural events and geopolitical uncertainties. These consultants help conduct business impact analyses, risk assessments and develop recovery plans that align with high regulatory expectations and international standards.

A GlobalData poll of more than 100 industry insiders shows that supply‑chain insurance is now the most sought‑after product (41.1% of respondents) as companies worry about trade route blockages, state‑sponsored cyber‑attacks and cascading revenue losses. Cyber insurance ranks second. Ongoing conflicts in the Middle East and Eastern Europe have created bottlenecks in the Suez Canal and Strait of Hormuz, prompting rerouting of shipments, while the United States’ shift toward economic nationalism adds tariff and sanction risks. Insurers face capacity constraints, with only those possessing high risk appetite adapting underwriting terms and employing real‑time geospatial tracking to better assess exposures.

Entities: Beatriz Benito · GlobalData · ISO 22301 · Suez Canal · United Arab Emirates