Now, more than ever, it is vital for companies to evaluate their insurance and risk management programs, and to plan for the year ahead.

COVID-related business interruption disputes continue to dominate the insurance coverage landscape. According to the University of Pennsylvania's COVID Coverage Litigation Tracker, as of the end of January 2022, there were nearly 2,500 total lawsuits, and policyholders continue to file new cases.

A container ship blocked the Suez Canal, one of the world's busiest waterways, completely battering global supply chains.