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Our Blog & Insurance Related News

What I wish I knew about insurance when I was younger

What I wish I knew about insurance when I was younger

Advice for younger adults about insurance  Receiving your very first pay cheque as a young working professional can be a liberating yet daunting experience. Imagine the pride of buying your first car, a pair of name brand sneakers, a designer watch or the newest smart...

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Cyber threats on the rise in these industries in South Africa

Cyber threats on the rise in these industries in South Africa

Cyber threats on the rise in South Africa  Increasingly, companies are looking to adopt smart technologies to optimise production and decision-making in order to create businesses of the future. However, as reliance on autonomous and digital technology grows, so too...

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Increase in claims and regulatory enquiries

Increase in claims and regulatory enquiries

Increase in insurance claims and regulatory enquires Incidences where executives and directors of businesses are being held liable for their role in issues have escalated and this has led to an increase in claims frequency and severity. Claims frequency and severity...

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South Africa’s new driving demerit system faces delays

South Africa’s new driving demerit system faces delays

New demerit system faces delays  The Department of Transport says that the rollout of the Adjudication of Road Traffic Offences (Aarto) Act is on target – however, there is less clarity around when the country’s new driving demerit system will be introduced. The Aarto...

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Why your company should never pay the ransomware ransom

Why your company should never pay the ransomware ransom

Why you should not Pay ransomware ransom.   When ransomware hits your business and you watch helplessly as your data begins to encrypt, you may feel the urge to cough up and pay the ransom.   This practice isn’t uncommon as Kaspersky reported earlier this...

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Digital trends in the insurance industry

Digital trends in the insurance industry

Insurance digital trends    The Covid-19 pandemic has ushered in ample opportunities by accelerating the digital transition of tasks that were once considered mundane. In recognition of the importance of this, almost all players in the insurance sector are...

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5 Things to Do After a Ransomware Attack

5 Things to Do After a Ransomware Attack

5 Key Things to do after a Ransomware Attack   In South Africa, 42% of ransomware victims pay the ransom to restore access to their data. Yet for 19% of those, paying the ransom did not guarantee the return of stolen data. However, as public awareness of...

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Why data backups are in the spotlight in 2021

Why data backups are in the spotlight in 2021

Data backups are the spotlight of 2021    In light of the growing volume of cyberattacks - especially since the start of the Covid-19 pandemic - it has never been more important to ensure business continuity and recovery in the event of a disruption....

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62% of employees enjoyed working from home

62% of employees enjoyed working from home

Employees are enjoying working from home    As parts of the world open up and things go back to ’normal’ about 62 per cent of employees said working remotely makes them happier, according to a new survey on Friday.   The Forrester study commissioned by...

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Insurers brace for fresh wave of regulatory reforms in 2021

Insurers brace for fresh wave of regulatory reforms in 2021

Insurers must brace for fresh wave of regulations in 2021  Non-life insurers will have to stay on their toes throughout 2021. Hard on the heels of the Covid-19 business interruption judgments that caught some insurers off guard in 2020, a raft of new regulatory...

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Why Cyber Attacks are Technology’s ‘Natural’ Disasters

Why Cyber Attacks are Technology’s ‘Natural’ Disasters

Cyber attacks, the new natural disaster. The SolarWinds attack was stunning in its scope and scale. If it were an earthquake, it would be 9.9 on the Richter scale. As digital transformation accelerates in 2021 and beyond—and applications accelerate as central enablers...

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Microinsurance ready to disrupt African insurance industry

Microinsurance ready to disrupt African insurance industry

Microinsurance set to take over   When it comes to insurance, there are few more exciting markets to be right now than Africa. Before Covid-19 struck, McKinsey predicted the African insurance market would grow at around 7% per year between 2020 and 2025. That’s...

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A third wave for winter

A third wave for winter

Third wave hitting in winter?   A study of historic coronavirus outbreaks suggests that countries will experience a third wave of Covid-19 at some point in 2021. The three wave trend is prevalent in almost all previous pandemic events, including the 1929 Spanish...

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Employee wellness is changing – 3 ways to keep up

Employee wellness is changing – 3 ways to keep up

The importance of employee wellness Do you remember when the corporate well-being conversation was about providing fitness centers, healthy snacks, and maybe even a rooftop garden? Well, that was the old way of looking at things. Today, companies are focusing not just...

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6 things to consider after receiving that Valentine’s gift

6 things to consider after receiving that Valentine’s gift

Protect your loved ones gifts   February is known as the month of love and, even in a pandemic year, billions of rands are expected to be spent on Valentine’s Day gifts, globally. For many, this month in our current reality represents a time for emphasising the...

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