Busy type embracing conflict? Look out! (6)
I believe the answer is:
beware
'look out' is the definition.
(bewaring is a kind of looking out)
'busy type embracing conflict?' is the wordplay.
'busy type' becomes 'bee' (busy as a bee).
'embracing' is an insertion indicator.
'conflict?' becomes 'war' (war is a kind of conflict).
'bee' going around 'war' is 'BEWARE'.
(Other definitions for beware that I've seen before include "Take heed" , "Have caution, be on guard" , "Archaic warning to watch out, danger ahead" , "Look out, danger ahead" , "Be on one's guard" .)