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Press Archive »

Allianz Risk Barometer 2021: Covid-19 trio tops South Africa and global business risks

Published: Tue, 19 Jan 21

10th Allianz survey: Business interruption, Pandemic outbreak and Cyber incidents are the top three business risks for 2021 – all strongly interlinked. Cyber incidents, Business interruption and Pandemic outlook are the top three business risks in South Africa. Pandemic outbreak rockets to #2 from ...
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Introducing our new eNews App

Published: Wed, 13 Jan 21

Insurance Gateway is thrilled to introduce our brand new electronic newspaper. The final product is available as both a mobile and desktop application. Our aim with the app was to develop an electronic newspaper that would dynamically reflect and complement our more extensive Insurance Gateway website. The pages are ...
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Investing with style – A guide to understanding investment styles and strategies

Published: Thu, 10 Dec 20

If there’s one thing investors have been reminded of in 2020, it is that investing is certainly not a linear journey. There will be ups and downs and sharp swings in the market’s direction. This movement in financial markets and how drastically they could swing is what is referred to as volatility. The ...
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Report highlights impact of Covid-19 on household finances

Published: Mon, 07 Dec 20

Report highlights impact of Covid-19 on household finances Towards the end of November 2020, the Momentum/Unisa Household Finance Insight Report for 2020 was released. A specific analysis was done to estimate the impact of Covid-19 and the lockdown on household finances to, among others, determine the magnitude ...
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Local CIS industry sees record net inflows despite Covid-19 woes

Published: Mon, 07 Dec 20

Local CIS industry sees record net inflows despite Covid-19 woes The Association for Savings and Investment South Africa (ASISA) recently released the Collective Investment Schemes (CIS) industry statistics for the quarter and year ended September 2020. South African investors committed R57 billion in net inflows ...
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Draft Conduct Standard published for CIS Managers

Published: Mon, 07 Dec 20

Draft Conduct Standard published for CIS Managers A draft Conduct Standard, setting out both the principles and fit and proper requirements that CIS managers must comply with on an ongoing basis, was released by the Financial Sector Conduct Authority (FSCA) on 2 December 2020. The draft Conduct Standard ...
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FAIS Ombud Annual report highlights the need for TCF

Published: Mon, 07 Dec 20

During the 2019/2020 financial year the Office of the FAIS Ombud received a total of 8835 new complaints - a reduction of 5. 23% from the 9323 received during the 2018/2019 financial year and the 10 211 received during 2017/2018. In the report, released on Friday, the FAIS Ombud emphasises its three-fold ...
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DIVERSITY AND DIRECTORS AND OFFICERS LITIGATION

Published: Wed, 02 Dec 20

Diversity awareness is more important than ever before for senior management in all companies, as more and more investors, activists and shareholders, not to mention regulators, begin taking it more seriously. But, for those who don’t, a flurry of recent lawsuits should raise concerns that directors and officers ...
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COVID-19: NAVIGATING THE ‘CEO MOMENT’

Published: Wed, 02 Dec 20

In the wake of the Covid-19 shockwaves, companies are still having to plan and implement return-to-office measures. Given that, and a looming global recession, the pressure – and risks – couldn’t be higher for executives, as highlighted in a recent Clyde & Co. and Allianz Global Corporate & ...
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Justin Jacobs appointed as Chief Underwriting Officer of Coface South Africa

Published: Wed, 04 Nov 20

As part of the Coface global strategy to reinforce the Risk functions due to the unprecedented times we find ourselves in, we are pleased to announce that Justin Jacobs has been appointed as Chief Underwriting Officer for Coface South Africa, effective December 1st, 2020. Justin brings strong experience ...
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HEDGE FUNDS-A BROADER TOOLKIT TO CAPTURE MARKET OPPORTUNITIES

Published: Tue, 03 Nov 20

Flexibility gives hedge funds greater opportunism Meeting investment objectives in the future requires greater opportunism given challenging global growth outlooks and elevated volatility we see from traditional investments. Preparation for uncertainty means being better positioned to protect during extreme conditions ...
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FPI awards – Winners announced

Published: Thu, 29 Oct 20

“We believe that hard work deserves to be rewarded, and that’s why we make sure that we recognise the outstanding achievers in the financial planning industry annually,” according to the Financial Planning Institute of Southern Africa (FPI). On Tuesday night, at a gala dinner that formed part of ...
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Advisors now more dependent on social media

Published: Thu, 29 Oct 20

Advisors now more dependent on social media “Amid the coronavirus pandemic, financial advisors are flocking to social media in order to maintain contact with clients and prospects and to stay abreast of developments in their industry,” according to research released ...
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International Survey maps the future of home and motor insurance

Published: Thu, 29 Oct 20

International Survey maps the future of home and motor insurance A recent Deloitte survey aimed at discovering what customers want, and how COVID-19 has shifted their needs, highlighted that customers favour simplicity. This was the primary finding of a survey of 8 000 customers ...
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Economic Focus – A quick take on the Medium-Term Budget Policy Statement 2020

Published: Wed, 28 Oct 20

Positive on structural reforms but lingering risk from the execution of the wage bill reduction   Highlights: A marginally worse economic environment relative to the June Special Adjustment Budget as economic growth is revised lower. Tax revenue underperformance relative to the Special Adjustment ...
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Retirement is a Reality, not a Choice

Published: Mon, 26 Oct 20

The annual 10X Investments’ Retirement Reality Report (RRR20), released last week, is one of the most significant surveys published in a long time. It is of specific importance to financial advisers who face the difficult task of having to convince clients to prepare for the inevitable. Earlier this year, the ...
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Retirement is a Reality, not a Choice

Published: Mon, 26 Oct 20

The annual 10X Investments’ Retirement Reality Report (RRR20), released last week, is one of the most significant surveys published in a long time. It is of specific importance to financial advisers who face the difficult task of having to convince clients to prepare for the inevitable. Earlier this year, the ...
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What will Finance Minister Tito Mboweni's 2020 Medium Term budget offer?

Published: Thu, 22 Oct 20

South Africa's economic recovery plan The plan is aimed at fast-tracking the recovery of the economy from the devastation caused by the COVID-19 pandemic. It outlines government's plan to revive the economy with short and long-term interventions. If the plan is executed as presented, it is expected to ...
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It's all about Software-as-a-Service (SaaS)

Published: Thu, 22 Oct 20

What is SaaS eCommerce? SaaS stands for Software-as-a-Service, is a software licensing and delivery model in which software is licensed to a user, it’s a way of delivering services which can be accessed via the internet. SaaS applications run on a provider’s servers; eCommerce platforms allow ...
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Introducing Insure Cloud, your SaaS short term insurance platform

Published: Thu, 22 Oct 20

Stepping into the market   During the pandemic COVID-19 many industries along with the insurance sector experienced a time of uncertainty followed by a sudden change and growth in technological and digital space. The heavy reliance on web-based tools and services for our day-to-day interactions; proved ...
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From The Glossary »

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Employee:

In terms of the Basic Conditions of Employment Act, 1997, an employee means: any person, excluding an independent contractor, that works for another person or for the State. any other person that in any manner assists in carrying on or conducting the business of an employer.
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