Blog
Welcome to the world of short term insurance
Can behavioural economics change the way consumers think about insurance?
Let’s get one thing out of the way straight out of the blocks: insurance is a grudge purpose. No one likes handing over money in case something happens. Sure, they’re grateful to have it when something bad happens, but most people will have that nagging voice in their...
Harnessing Data Analytics for a Competitive Edge in Insurance
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...
Growing threats highlight importance of cyber insurance
Cyberattacks on South African companies are on the rise. Local insurers and incident response teams reporting the highest level of incidents they have ever seen, , as these attacks become more frequent and sophisticated, the majority of local businesses can expect to...
Critical infrastructure blackouts and cyber threats
It is both stability and change in the Allianz Risk Barometer 2023. Cyber incidents and business interruption rank as the biggest company concerns for the second year in succession (both with 34% of all responses), however, it is macroeconomic developments such as...
Governing cybersecurity from the top as a strategic business enabler.
Cyber threats are increasing at a rate far greater than the industry is able to cope with. Despite this, C-Suite executives still don’t take cybersecurity seriously enough while boards are not nearly as engaged in cybersecurity as they are in other areas of oversight,...