Aug 7, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
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. ...
Jul 31, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
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...
Jul 27, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
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...
Jul 16, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
The highly charged question of whether business interruption (BI) insurance will pay-out due to a national lockdown has spilled over from the Western Cape High Court into the court of public opinion. On 26 June 2020, the court ruled in the matter between Café...
Jul 10, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
The COVID-19 pandemic is emerging as a powerful driver for digital transformation in the insurance industry, with a shift from an intermediated world to one of faceless onboarding and servicing. New research from TransUnion on the performance of insurers shows...
Jul 3, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
The Protection of Personal Information Act (POPI), which has been on the cards since 2014, is nearing full implementation following the President’s 22 June 2020 announcement of the commencement of additional sections of the act. According to the Presidency, the act...
