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HBR.org

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Will Insurance Protect Your Company in Times of War?
Tom Johansme · 2026-05-04 · via HBR.org
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May 4, 2026

HBR Staff/Unsplash

Do you know how military conflict might disrupt your business—and to what degree your insurance will make you whole if it does? Since it began in late February, the war in Iran has affected energy access, consumer prices, and supply chain performance, and its impact on business and the world economy will likely be felt for some time. For companies across a wide range of sectors, the start of this conflict echoed the war in Ukraine, which also had far-reaching economic consequences, including energy instability, commodity price increases, and financial market volatility.