Category: General
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SHARI’AH-COMPLIANT INSURANCE IN SA – WHAT IT IS AND THE UNDERSERVED MARKET WHO AWAIT IT
By Vanessa Rogers on behalf of Indwe Risk Services (Authorised FSP 3425) and MC de Villiers Brokers (Authorised FSP 7241) Muslims make up about three percent of South Africa’s population of nearly 60 million people. This equates to 1,8 million Muslims. Looking ahead, and with South Africa being a delightfully diverse place in which to live and do…
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Why insurance policy renewals are important
Non-life insurance policies are originally issued for a 12-month period and they must be renewed annually on the anniversary date of inception of the policy. This renewal is effectively the continuation of cover, which is extended when both parties agree to continue with the relationship for another year. Insurance companies review the premiums, terms and…
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The importance of drones in insurance
How drones have changed the insurance landscape For decades, insurers have relied on traditional, predominantly manual methods of assessment to underwrite insurance policies, determine fair premiums and manage difficult claims. This lengthy process often includes an assessment of the client company’s risk management controls, including safety practices, fire prevention and detection, and incident records, claims…
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Your will. Your family’s future
Written by Danie van Niekerk – Indwe BlueStar Executive Head 54% of South Africans do not have a last will and testament. Let that sink in for a bit… While considering the kind of legacy one would be leaving behind can be a grim thing to ponder, far too many people do not understand the…
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Shielding your practice against cyber-attacks
Cybercrime is on the rise in South Africa, costing members of the public R2.2 billion a year. Increasingly, healthcare providers are being attacked due to their rich databases containing patients’ health and banking information. To mitigate this, private practices are now turning to cyber liability to protect themselves from data breaches and ransomware. Last year South…
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