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Cybersecurity insurance – the missing link in business financial wellness

Information infrastructure departments around the world jumped into action on Friday 12 May to protect their businesses against the latest cyberattack, WannaCry. According to media reports, this Trojan ransomware infected over 200 000 computers in over 150 countries. The hackers took users’ files ...
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Digital transformation helping businesses to thrive

By John Tadman, Country Manager for Avanade South Africa   Digital transformation is no longer hype. Companies now realise that in order to keep up with their competitors, streamline their costs and improve their employees’ efficiency, digital transformation needs to be at the top of ...
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FSB Appeal Board and powers of the Registrar to debar

The decision in the Hlumbane case by the Appeal Board of the FSB provides very interesting information about the Board’s powers in terms of decisions made by the Registrar of Financial Services Providers, particularly its discretionary powers. The appeal stems from a decision by the Registrar ...
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The inadequacy of law in the digital age

By Jared Nickig, Director at Werksmans Attorneys   Technology is advancing much more quickly than most people anticipated even a decade ago. This begs the question as to whether or not our social, economic and political institutions and structures are equipped, or have developed sufficiently, ...
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Delphine Traoré Maïdou is Insurance CEO of the Year

Johannesburg: Delphine Traoré Maïdou, regional COO for Allianz in Africa, was announced as Insurance CEO of the Year at AfricaRe’s African Insurance Awards for her previous role as CEO of Allianz Global Corporate & Specialty (AGCS) Africa. Held in Kampala, Uganda on May 22 at the ...
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From The Glossary »

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Sub-Standard Lives:

Insurance of persons who do not meet the standards set for insurance at regular rates. Sub-standard insurance may be issued for physical, moral, or mental reason, or because of occupation, residence, etc. Also known as impaired lives.
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