Category: General
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Industry trends
In 2024, we anticipate the continuation of trends observed since 2020, particularly in the business landscape: – Pandemic coverage remains unavailable in the traditional insurance market, although parametric options are emerging in overseas markets. Uncertainty surrounding 2020 claims persists. – SASRIA coverage is capped at R500 million per loss per annum, prompting clients with higher…
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Personal insurance: Where many are getting it horribly wrong
When it comes to personal insurance, it’s not just about having a policy – it’s about having the right one. Yet, a significant number of individuals are falling short, leaving themselves vulnerable to financial risks and uncertainties. Despite the potential for unforeseen events, many individuals are sadly underinsured. Whether for home, motor, or health insurance,…
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Risk management strategies for businesses on the path to success
In the evolving world of business, it’s crucial to grasp why managing risks matters. As businesses aim for success, having a solid plan for handling uncertainties becomes the guiding force. Here are the key components of a good risk management plan and how it helps businesses steer towards long-lasting growth. 1. Why understanding risk matters…
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A comprehensive insurance checklist for a secure New Year
As we step into a brand-new year, make sure you have peace of mind with the correct coverage. One crucial aspect that often gets overlooked is securing the path ahead. Start your year with confidence by reevaluating and optimising your insurance cover with a simple checklist, ensuring a worry-free and secure passage into 2024. 1.…
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