Our Blog & Insurance Related News

What’s the rub on cleaning and disinfection?

One of the changes borne out of the COVID-19 pandemic is increased mindfulness about cleanliness and sanitation to help stem the spread of the disease. With most people having become neat freaks over the past few months, businesses make sure to keep their premises...

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Experian downplays data breach

Experian South Africa has downplayed a data breach, in which it handed over the personal information of as many as 24-million South Africans and 793,749 business entities to a suspected fraudster, as an "isolated incident".   The consumer credit reporting company said...

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4 top post-lockdown vehicle safety tips

As the lockdown eases, more South Africans are commuting to work, running errands and figuring out their new normal. This means more cars on the roads exposed to everyday risks, such as road accidents and theft.   Attie Blaauw, Head of Personal Lines Underwriting at...

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A perfect storm for fraudulent claims

History has proven that times of economic crisis traditionally see a huge increase in insurance fraud across most lines of business, and with COVID-19 impacting lives on a level not seen in living memory, fraudsters will be looking for new ways to cash in.   According...

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Balancing the risks and opportunities of technological innovation

Insurance Business recently released its annual insurtech report which highlighted that, while the insurance industry has long been considered behind the curve when it comes to technological innovations, it is making up this gap with impressive speed. A recent report...

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Beyond the virus: new risks emerge as world changes

Coronavirus upheavals may have turned the world upside down in the past few months but Swiss Re’s Sonar report finds new technologies and the shift toward lower-carbon solutions remain key drivers of emerging risks.   “At the beginning of the year, the political...

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Cybercrime laws are long overdue in SA

They have never been needed as much as now, with many people working from home.   The process of finalising legislation dealing with cybercrime has been long and tortuous but it has never been needed as much as now when more and more people work remotely from home.  ...

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How risk management can disable corruption within organisations

As professionals we should avoid falling prey to corruption, writes Mpho Modisane, IRMSA risk intelligence committee member.   Corruption robs both the public and private sector to the extent of eroding our individual professional brand and that of our companies...

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Corporate Voices Get Behind ‘Black Lives Matter’ Cause

Major companies are often wary of conflict, especially in a polarized time. But some are now taking a stand on racial injustice and police violence.   As tensions flared around the country after George Floyd’s death under a policeman’s knee, protesters received...

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Association backs intermediaries to navigate the COVID-19 storm

The Financial Intermediaries Association of Southern Africa (FIA) has its finger on the pulse of the country’s financial advice and insurance broking community. We spoke to two members of the FIA Board to find out what the FIA was doing to guide its members during...

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How will the coronavirus impact the business travel market?

The continuing coronavirus (COVID-19) lockdown means business travel remains at a standstill, and the long-term implications this pandemic may have on the insurance offering that employers provide once travel resumes is a burgeoning consideration. New research from...

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Lockdown brings out the best in SA insurers

In the weeks since South Africa’s Covid-19 lockdown started, local insurers appear to be embracing the Treating Customers Fairly (TCF) principles even more so than required by law under normal conditions.   Sustaining this could stand the industry in good stead when...

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