The world of insurance is evolving rapidly, driven by new risks, technological advancements, and shifting business needs. Whether you're in gaming, motor sports, or hospitality, staying ahead of these trends is essential for protecting your operations and achieving peace of mind. Here are the top five insurance trends shaping the industry in 2025.
As cyberattacks grow more sophisticated, businesses in every sector are prioritizing cyber liability insurance. From gaming platforms safeguarding user data to hospitality businesses protecting payment information, this coverage has become non-negotiable.
Key Stat: Cyberattacks increased by 38% in 2024, with average breach costs exceeding $4.35 million.
Actionable Insight: Regularly update your cybersecurity protocols and ensure your insurance policy includes comprehensive cyber protection.¹
Climate change is impacting industries like hospitality and motor sports, with businesses now seeking insurance products that address extreme weather events. Policies like business interruption and event cancellation are being tailored to include sustainability initiatives.
Key Stat: 60% of outdoor events experienced weather disruptions in 2024.
Actionable Insight: Consider adding weather-related coverage to protect against financial losses from natural disasters.²
Temporary events, competitions, and gaming tournaments are driving demand for customizable, short-term insurance. From liability to cancellation, event-specific coverage offers flexible protection for organizers.
Key Stat: 25% of hospitality and motor sports events faced claims related to injuries or cancellations last year.
Actionable Insight: Work with an insurer who specializes in event coverage to ensure your unique needs are met.³
Industries like horse racing, gaming, and motor sports are focusing more on workers’ compensation and personal accident coverage to support their teams. Enhanced benefits help retain talent and improve safety outcomes.
Key Stat: Workplace injuries in high-risk industries rose by 12% in 2024.
Actionable Insight: Regular safety training and comprehensive employee coverage can mitigate risks and improve morale.⁴
From AI-driven claims processing to blockchain for fraud prevention, technology is revolutionizing the insurance industry. Clients can now expect faster payouts, more accurate risk assessments, and greater transparency.
Key Stat: 75% of insurers adopted AI for claims processing in 2024.
Actionable Insight: Partner with insurers leveraging technology to provide efficient, customer-focused solutions.⁵
The insurance landscape is constantly evolving, but the right coverage ensures you're prepared for any challenge. By staying informed and working with experts, your business can navigate these trends confidently and protect its future.
read More
Gaming businesses—from bustling casinos to high-stakes esports and online platforms—are built on excitement, risk, and rapid momentum. But behind the flashing lights and thrilling wins lie serious threats: liability claims, fraud, cyberattacks, and costly downtime. When just one incident can derail operations or drain finances, insurance isn’t just a line item—it’s the strategic safeguard that keeps the business running when luck runs out.
read More
In the hospitality industry, risk often hides behind the scenes—from slip and fall accidents to devastating property damage and rising cyber threats. With 40% of hotel liability claims tied to falls and billions lost annually to fires and data breaches, even one incident can threaten a business’s future. Insurance isn't just about covering losses—it’s about protecting your people, your property, and the trust your guests place in you.
read More
In motorsports, risk isn’t optional—it’s built into every lap, race, and event. With nearly half of on-track incidents involving driver injuries and the majority of spectator injuries occurring at motorsport events, the potential for costly setbacks is constant. Insurance does more than cover damage—it keeps teams, organizers, and sponsors in the race when the unexpected hits.
