May 15, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
South Africans doubt insurers will be there for them during their time of need, as companies put their focus on adopting digital technologies to remain competitive, at the cost of a more ‘human’ experience. This is one of the key take-aways from the latest...
May 8, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
Business interruption insurance is designed to compensate a business for the financial impact of an interruption or interference as a result of physical damage to the insured property or due to external events such as damage at a key customer or supplier’s...
May 1, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
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...
Apr 17, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
On March 12, 2020, a plaintiff shareholder filed a securities class action lawsuit against Norwegian Cruise Line Holdings, alleging that the company was employing misleading sales tactics related to COVID-19 bookings and cancellations¹. Another D&O claim was...
Apr 10, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
The cost of living in countries with volatile currencies – like South Africa – is likely to decrease as the novel coronavirus wreaks havoc in in the foreign exchange market and on domestic demand, The Economist predicted on Thursday. Presenting the...
Apr 3, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
A showed a sharp spike in network attacks between 15 March and 21 March, with affected devices increasing in number from the 20 000/30 000 average to peak at approximately 310 000 over these few days. This is according to a Kaspersky Lab report, which states...
