How new risks and legislation affect your insurance portfolio

In 2024, Vanbreda Risk & Benefits, Belgium’s largest insurance broker, recorded one new cyber incident at Belgian businesses every week. This represents an increase on the previous year of no less than 64%. Although most of these incidents cost no more than 20,000 euros, 4% of businesses lost more than 1 million euros due to downtime. These figures show that cyber attacks are a growing risk for businesses, and the food industry is no exception.

Cyber attacks are hitting Belgian businesses harder than ever: Vanbreda Risk & Benefits, the country’s largest insurance broker, recorded one new cyber incident every week last year. That represents an increase of 64% on 2023. Although three-quarters of these incidents cost no more than 20,000 euros, 4% of businesses lost more than 1 million euros. Despite this, many businesses in Belgium continue to underestimate the risks. The new European legislation* designed to boost businesses’ resilience to cyber attacks should change this situation in 2025.

What do auxiliary party liability, mobility, solar panels and cyber have in common? They are four factors that affect your company’s risk profile in 2025. In the latest episode of our video podcast Succes Verzekerd, a panel of in-house experts discusses how you can successfully include new risks in your company’s risk management approach. We start the series with Anouk Dehing: what type of liability are auxiliary parties at risk of incurring following the introduction of Book 6?

What do auxiliary party liability, mobility, solar panels and cyber have in common? They are four factors that affect your company’s risk profile. In the latest episode of our video podcast Succes Verzekerd, a panel of in-house experts discusses how you can successfully include new risks in your company’s risk management approach. Tom Van Britsom explains the legal requirements that companies must meet in the fight against cyber crime.