"Despite the staggering statistics we saw in 2021, unfortunately not much has changed between then and now. Too many SMEs do not have insurance or are underinsured – according to FinScope MSME Survey South Africa 2024, only 18% of SMMEs have…
"Homeowners' policies may differ in how they define your buildings. Some may include battery systems, while others may require that these be specified as fixed machinery. That's why it's important to understand exactly what your policy includes…
“Cybercriminals constantly develop new ways to exploit online banking users and fraudulent funds transfer activities are on the rise, making it crucial for individuals to safeguard their personal bank accounts from potential threats,” says Ann…
"I am pleased to announce the appointments to my Executive Team. We will work at pace to deliver on the market's short-term priorities. We will also work closely with Council to develop a long-term vision for the Corporation, that will strengthen…
"Driving carefully and lawfully is not only a way to protect your life, your vehicle and the lives of others. It's also a way to ensure that in the event of claim, you have the cover you need to repair or replace your car without any delays,…
"The relevance of political risk and conflict as a potential cause of maritime loss is increasing with heightened geopolitical tensions. Total losses from traditional causes may have reduced over time, but we could be in a position where this…
“Geopolitical risks remain a significant concern for businesses, especially where they rely on supply chains with exposures to volatile regions and sea lanes. As a result, trade channels are being reshaped, resulting in less availability of…
"In a world where risks are constantly changing and client expectations are shaped by seamless digital experiences in banking, retail and beyond, intermediaries still have a vital role to play – but will need to adapt," says Fanus Coetzee, Chief…
According to Ryno de Kock, Head of Distribution at PSG Insure, “No professional or specialist business should be without professional indemnity cover, and depending on the industry you’re in, there will be other elements to consider when determining…
“It must be remembered that if it is too good to be true, it usually is. It is also worthwhile to remember that specialist insurers can reject a claim if an item is found to be inauthentic or a replica. It’s a necessary move in a world where…
“At insureAI, our mission is to empower modern insurers with intelligent, scalable solutions that strengthen technical capabilities, unlock competitive advantage, and drive market performance,” said Ron Richman, Founder and CEO of insureAI.
"For insurers and their clients, this is a welcome development and a move we have been at the forefront of advocating for since 2013, as we believe it offers significant benefits to insurers and vehicle owners," says Gary Stieger, founder and…
“Africa offers immense growth potential for insurers, driven by the rapid expansion of its economies and a vibrant, youthful population. These acquisitions will enable us to expand our offering across the continent to meet the diverse market…
“As the world faces rising geopolitical tension, advanced cyber threats, climate disruption, and the resurgence of political violence, collaboration is no longer optional. This forum is about shared learning, joint problem-solving, and laying…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
Subscribe to our weekly newsletter to get the latest insurance and economic news in SA.
Insurance Biz proudly displays the "FAIR" stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council's website, www.presscouncil.org.za or email the complaint to enquiries@ombudsman.org.za. Contact the Press Council on 011 4843612.
© Insurance Biz 2008-2026
