“The rapid rise of finfluencers on social media shows that ordinary people out there are actively seeking financial guidance. It confirms that navigating your lifestyle and money successfully through the complexities of the modern world is not…
"We all know that using our phones while we're driving is illegal. But did you know that texting while driving makes having an accident 23 times more likely, and simply dialling a number carries an accident risk that's six-times higher?" asks…
"When the travel bug bites, it's easy to forget that travelling comes with its fair share of risks that could prove to be costly if you're not prepared for them. It's therefore crucial for South Africans to ensure they have travel insurance…
"Underwriting Management Agencies (UMAs) are the backbone of a healthy, competitive insurance industry, and are typically more focused on the development of specialised niche insurance solutions – for example gap cover, cyber insurance, medical…
Over three days, more than 250 insurance industry leaders, regulators and policymakers gathered in Accra for the first Nairobi Declaration on Sustainable Insurance (NDSI) Summit, a landmark event focused on driving sustainable insurance solutions…
"A lack of governance, cyber awareness and adequate security measures can all contribute to the likelihood of a leak but in 95% of data breaches in 2024, the incidents were tied to human error," says Nikita Naicker, PI Tech and Cyber Underwriter…
"As Africa’s largest marine insurer, we are seeing the impact of climate change evidenced by an increasing claims trend for damages to both the cargo itself during storage and transportation, as well as to the actual vessels," says Kennedy Ntenjwa,…
"The dangers of texting while driving can't be overstated. It's time to make texting while driving socially unacceptable - just like drinking and driving has become. Discovery Insure's telematics data shows clearly that distracted driving -…
“Your credit score is a reflection of your financial behaviour and risk profile, which insurers use to assess how reliably you manage your financial commitments. This helps to determine the likelihood of missed payments or policy lapses, which…
Mtho Maphumulo, Attorney and Partner in the Insurance & Financial Services department, at Adams & Adams explores the principles of negligence and duty of care through real-world case.
"Through this intentional structured coaching and industry approach, the programme provides a scalable model or framework to bridge the development of future leadership while preserving institutional knowledge and expertise," says Ms Pamela…
"Increasingly, high-net-worth individuals are investing in luxury goods, such as jewellery, watches and designer fashion. But as the demand for high-end items rises, so too does the risk of losing them to theft, loss or damage, says Elite Risk…
Chief Actuary at Momentum Insure, Rudolf Britz, warns that solar panels, electricity inverters, battery chargers, battery packs, backup generators, and water storage systems provide much-needed relief but come with their own share of risks.
"The collaboration, which also underscores a shared commitment aimed at fostering economic empowerment and contributing to the sustainable development of Africa's natural resources, will also strengthen the African insurance sector by retaining…
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.
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