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Allianz Risk Barometer 2020: Cyber top peril for companies in South Africa

Published: Fri, 17 Jan 20

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event Business interruption ranks second, but remains a key challenge ...
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Broker Portal, Coface’s new digital interface for its brokers

Published: Wed, 18 Dec 19

Coface launches its new portal for brokers, offering a new experience to its partners in the development of their business around the world. Available in 42 of the countries covered by the Coface group, the Broker Portal is a digital platform for Coface’s brokers. Modern and intuitive, the portal allows ...
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Nico Esterhuizen bows out of SAIA after almost ten years

Published: Wed, 11 Dec 19

The South African Insurance Association (SAIA) would like to announce the resignation of its General Manager: Insurance Risks, Mr Nico Esterhuizen who will be leaving the association at the end of December 2019. After more than 9 years at SAIA, Mr Esterhuizen has decided to pursue other interests which he is ...
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2020 D&O MARKET WATCH

Published: Tue, 10 Dec 19

The range of exposures facing directors and officers (D&Os) – as well as subsequent claims scenarios – have increased significantly in recent years in the midst of a prolonged soft market. With corporate management increasingly under the spotlight, how will the 2020 D&O insurance market impact ...
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Allianz: 5 risk trends company directors and officers need to watch in 2020

Published: Thu, 05 Dec 19

“Bad news” events, impact of climate change, bankruptcies and political challenges have increasing risk implications for directors and officers (D&Os) Growth of securities class actions and third party funding globally means litigation against companies and their D&Os is on the rise. US, Canada ...
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Protecting your Identity this Holiday Season

Published: Wed, 04 Dec 19

The South African Insurance Association (SAIA) encourages consumers to consider taking extra care in protecting their identity this festive season. Criminal activity tends to increase considerably over the holiday season. It is also often a time for criminals to take advantage of consumers through several cybercriminal ...
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What is the difference between Black Friday and Cyber Monday?

Published: Mon, 02 Dec 19

Cyber Monday originated in the US and is a marketing term used for the Monday after Thanksgiving. It was created by retailers to encourage people to shop online. The term was coined by Ellen Davis of the National Retail Federation and Scott Silverman, and has actually been around ...
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Interview with Bright Rock CEO, Schalk Malan about their ground-breaking temporary disability cover

Published: Mon, 11 Nov 19

In October 2019 Needs-matched life insurance provider, BrightRock, announced enhancements to their temporary expenses cover. Read More More recently Insurancegateway® Interviewed Schalk Malan to not only learn more about their product enhancements but also to talk about Bright Rock’s strategic ...
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The Importance of an effective online campaign

Published: Mon, 11 Nov 19

As we enter the age of the fourth industrial revolution, a technological transformation driven by the internet, it seems almost unthinkable that the web would not be the preferred platform chosen by businesses of all sizes to promote and market their goods and services. The internet has already and will continue to ...
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Tomorrow’s retirement industry will be radically different – So what should pension funds be thinking about now?

Published: Mon, 04 Nov 19

By Petri Greeff, Head of Investment Advisory at RisCura Pension funds today should be investing for a horizon of 80 years or more. While it’s impossible to predict what the world will be like in 2100, it’s safe to assume it will be radically different to the one we live in today. We can expect the retirement ...
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Presenting your evidence in the small claims court Part 5

Published: Fri, 25 Oct 19

Proceedings in the small claims court are usually conducted in English and Afrikaans but you and your witnesses are entitled to give evidence in a language in which you are comfortable and certainly in any one of the official languages of the country. As soon as you know the court date and if you are giving ...
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Presenting your evidence in the small claims court Part 4

Published: Fri, 25 Oct 19

As the defendant immediately you receive the summons with the court date, notify your witnesses and ask them to confirm their availability. If you think a witness is key to your case and not available on the court date, contact your opponent immediately and see if you can agree a postponement with them to a ...
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Presenting your evidence in the small claims court Part 3

Published: Fri, 25 Oct 19

If you are the plaintiff, make sure you bring along a copy of your letter of demand, and proof of registered posting, or an affidavit by you where you personally delivered the letter of demand to your opponent. Also bring a copy of the summons as issued with the court date and proof of proper service of the summons ...
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Presenting your evidence in the small claims court Part 2

Published: Fri, 25 Oct 19

Do not be guided by your favourite television lawyer series. You do not get to ‘put it to the witness’ or deliver an impassioned emotional speech to the jury. Television programmes usually represent the adversarial system where opposing parties gather and present evidence and arguments to ...
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Presenting your evidence in the small claims court Part 1

Published: Fri, 25 Oct 19

In the small claims court matters are resolved speedily, inexpensively and informally. As a litigant, whether you are the Plaintiff (the Claimant) or the Defendant (the party opposing the claim), you must conduct your own case without legal representation.   Proceedings are inquisitorial ...
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Stonehage Fleming appoints Non-Executive Director to Boards in South Africa

Published: Tue, 22 Oct 19

Stonehage Fleming has recently welcomed Fred Robertson to the Stonehage Fleming family as a Non-Executive Board member on its local Board of Directors. His impressive resume reflects over 3 decades of experience on both the national and international business stage. He currently serves as the Executive Chairman of ...
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Classification of SA hedge funds underway

Published: Thu, 10 Oct 19

South African hedge fund managers have begun the process of categorising their hedge fund portfolios in line with the provisions of the new Hedge Fund Classification Standard, which was recently introduced by the Association for Savings and Investment South Africa (ASISA). The new ASISA Hedge Fund Classification Standard ...
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The risk of a US bear market is higher than a year ago – PSG Wealth

Published: Thu, 03 Oct 19

The current bull market reached its 10-year anniversary this June, making it the longest bull market run in modern history. Understandably, this makes investors nervous. Everyone remembers the mayhem of 2008 – and with the prices of shares at all-time highs, especially in the US, the fear of a recession is a ...
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Allianz Global Risk Dialogue

Published: Mon, 30 Sep 19

The rise of the cobots   Collaborative robots – or “cobots” – are a key manufacturing technology for tasks requiring human and machine cooperation and have been identified by the AGCS Trend Compass as a trend that will gain significant traction in a number of industries over the ...
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Work your data to make it work for you

Published: Wed, 18 Sep 19

The financial services industry generates huge volumes of data and storing it safely and correctly has always been an essential element of business. Data, however, is typically stored in old mainframe systems, which while robust and capable, become problematic when new age analysis is required, as it can be difficult ...
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