Our Blog & Insurance Related News
Is your business ready to recover from a ransomware attack in 2021?
Can your business recover from a cyber attack? Cybercrime is a multi-billion dollar international industry and is not going away. Ransomware has taken centre stage, with large and highly publicised attacks costing global enterprises significant sums and even...
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...
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...
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...
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...
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...
The how-to guide for a productive “work from home” strategy
How to work from home productively in 2021 In 2021, we are likely to see the percentage of people who permanently work from home, to double. This is according to Enterprise Technology Research (ETR) which surveyed 1200 chief information officers from...
Does your business have cyber insurance? Here’s why it should
Why your company should have cyber insurance. Imagine your business falls victim to a data breach today. All your clients, who trusted you with their personal information, are now at risk. This is a horrible reality that many businesses have to face...
Human fallibility remains the weakest link in cybersecurity
Humans the weakest link in cybersecurity If the South African financial industry can learn one thing from Experian's 2020 data breach, it is this: human fallibility is still the weakest link in the fight against cyberattacks. By using standard social engineering...
Litany of new risks for directors and officers in 2021 driven by insolvencies, cyber threats and ESG scrutiny
Potential New threats for directors and officers in the new year The Covid-19 pandemic has created a highly volatile and uncertain environment for businesses resulting in a litany of new or heightened risks for directors and officers (D&O) as well as...
Cyberattacks are on the rise amid work from home – how to protect your business
Cyber attacks rising With organizations and workers now in their ninth month of COVID-19, the time has come to prepare as the threat of cyberattacks becomes even more menacing. Cybersecurity experts predict that in 2021, there will be a cyberattack...
The changing face of ransomware
The ongoing changing in ransomware There is a significant decrease in the sheer number of ransomware attacks due to improved security, better backup strategies and faster data recovery measures. This has meant that the spray and pray approach is no longer...
The broker – How to showcase your value to clients
How to showcase your best values toward clients Amid new technologies reshaping the financial services landscape, many financial advisers are questioning their future role. It is therefore important to take stock of our value-add to the client. ...
Millennials and Modern Insurance
How millennials view modern insurance When one says “millennial” the first thing that might come to mind is a hyper-connected, tech-savvy, brand-conscious, laissez-faire, selfie-taking teen. Despite the fact that the exact age band for Generation Y is not all...
Cyber Crime Challenges faced by individuals and organisations
Cyber crime and the challenges it proposes With a myriad of local data breaches, cyber extortion and even still, ransomware, businesses are either being crippled financially or facing reputational harm or in many cases, both. On face value,...
Financial services sector becomes vulnerable to ransomware
The financial sector is becoming vulnerable to ransomware. The financial services industry is an appealing target for cyber criminals today. Arguably, consumers' financial, banking, trading and superannuation information is some of the most important data held...
Personal liability cover, The underappreciated benefit of contents insurance.
personal liability cover and its purpose to you. When you buy car insurance, you know that you’re not just covering yourself against damage to or the theft of your own vehicle – you’re also protecting yourself from spending a lifetime repaying the damage...
Employees working from home? How to guard against cyberattacks
Implementing measures to prevent a cyberattack from happening in the first place should be a top priority for companies. As the coronavirus forces more people globally to work from home, we are becoming increasingly reliant on technology to live, work and play....
In a market flooded by risk, brokers can help insureds ‘sink or swim’
Natural catastrophes might be growing in scale and frequency, but the intensification of these risks hasn’t resulted in a parallel increase in either risk mitigation or the purchase of insurance solutions by individuals and businesses to help prevent future financial...
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...