Mar 15, 2024 | insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
In an era where data is crucial, the insurance sector is undergoing a transformative shift towards data-driven decision-making and personalized services. The ability to analyse vast amounts of information has become an essential factor in risk assessment, insurance...
Jul 21, 2023 | Short Term Insurance News, South Africa
Santam, South Africa’s largest insurer, announced that it has joined the South African Fraud Prevention Service (SAFPS), a non-profit organisation (NPO), to help reduce rising insurance crime in the country. In 2021, the Association for Savings and Investments South...
Jan 20, 2023 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
A report published by cybersecurity company Surfshark has highlighted South Africa ranking 6th in the world regarding cybercrime density – which costs the country an estimated R2.2 billion annually. According to the director of Cyber Security at the University of...
Jan 6, 2023 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
While ransomware gangs continue to be successful in extorting money from businesses, those that do pay demands are financing the ransomware industry and further crime. With increasing attacks on areas like critical infrastructure and healthcare, it’s now become more...
Dec 23, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Since insurance first started centuries ago, premiums have been determined on the basis of client risk profiles, with insurers pooling risk across large numbers of clients to take advantage of the laws of large numbers. It has always been an imperative for insurers to...
Dec 9, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Businesses are not patching cybersecurity vulnerabilities fast enough – and with the volume of cybersecurity incidents increasing, this should be an area of concern for ICT teams. This is a key finding of the Security Navigator 2023 research report from Orange...
