Risk management is entering a transformational period, as organisations respond to a new reality of interconnected, fast-moving and compounding risks, according to the latest findings from the Global Risk Manager Survey 2026, produced by FERMA and PwC. In this fireside chat, FERMA President Philippe Cotelle joins Commercial Risk Editor-in-Chief Adrian Ladbury to explore how geopolitical uncertainty, artificial intelligence, climate change and evolving corporate exposures are reshaping the role of risk managers, and what these developments mean for the future of multinational insurance programmes and the relationship between corporate buyers, brokers and insurers.