The Verwilghen Act

The circular economy is booming. From scrap metal to complex electronics and car batteries: we’re recycling more than ever. At the same time, though, many insurers are struggling with the risks associated with recycling activities. The frequency of claims, unpredictability and perceived lack of control have made many insurers more reluctant to insure the sector. With the right analysis, preventive measures and guidance, insuring this sector is in fact possible – and worthwhile. General Manager Property Christel Kiebzak and Loss Prevention Consultant Sven Bormans of Vanbreda Risk & Benefits explain.

Port work has its risks, despite the wide-ranging preventive efforts of port operators. Despite a 60% increase in the insured wage bill, resulting in significantly greater exposure to risks, the number of workplace accidents in container, general cargo and roll-on/roll-off activities has remained relatively constant. As a result, the cost has actually fallen by 30%. However, commuting accidents are proving costly for port operators. The number is increasing rapidly, and the average cost is three times higher than for an accident at the quayside. This is one of the subjects covered by the Vanbreda Risk & Benefits Port Barometer, a comprehensive analysis of work-related accidents in the port from 2020 to 2024.

Cyber crime continued to rise in 2025 and poses a growing threat to Belgian businesses. However, companies’ efforts in cyber security and insurance are paying off. Targeted prevention measures and improved incident support have limited the cost of four out of five cyber claims 20,000 euros, and cyber insurance premiums have fallen. New players with competitive rates are reinforcing this trend. At the same time, the risk of reliance on a single provider is still underestimated, and businesses that fail to adapt their insured amounts to their growth and current risks are in danger of being underinsured. This is clear from the Vanbreda Risk & Benefits annual cyber study.

On 1 January 2026, the insurance brokers Kantoor Windey and Assutron joined the Vanbreda Group. With this move, three strong players are combining their expertise to provide an even better service to businesses, independent professionals and individuals in the Waasland region.. Pedro Matthynssens, CEO at Vanbreda Risk & Benefits: ‘Windey and Assutron are two established names in this region. Their choice of Vanbreda confirms our position as the market leader and an attractive employer. Together, we aim to become the leading broker in the Waasland region.’