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Press Room (Page 3)

Press Archive »

HOW THE NEW POPI ACT AFFECTS INTERMEDIARIES

Published: Fri, 04 Sep 20

Cyber-attacks are on the rise during lockdown, increasing from the norm of 30 000 daily to 310 000 recorded on the 18 March as criminals exploit the unsecured home networks used by millions of office workers who are now operating remotely. The Protection of Personal Information (POPI) Act aims to mitigate ...
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Indwe embraces drone technology to help improve risk management and optimise insurance

Published: Wed, 02 Sep 20

Using unmanned aerial vehicles (UAVs), or drones as they are more commonly known in insurance, is gaining momentum. Globally, 17% of commercial drones in operation are used to assist insurers and large organisations in not only better assessing risk exposure but also improving both risk control evaluation and operational ...
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Businesses need to restart facilities with care and caution as lockdown eases to reduce risk of damages

Published: Mon, 31 Aug 20

Allianz Global Corporate & Specialty recommends site security inspections and dedicated loss prevention measures to ensure a successful and safe reopening after lockdown. Fires, machinery breakdowns and faulty workmanship/maintenance among the most expensive causes of insurance claims. Condition of electrical ...
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Indwe adopts drone technology to take risk management to new heights

Published: Wed, 26 Aug 20

Financial services company, Indwe Risk Services (Indwe), has adopted risk management technology – and more specifically drone technology – to propel its propensity to identify and understand risk. RiskTech®, the latest risk management offering from Indwe, harnesses the power of advanced technology ...
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OSTI DONATES TO DOOR OF HOPE

Published: Fri, 14 Aug 20

Johannesburg, 13 August 2020: With COVID-19 continuing to have devastating effects on both the local and global economy, and financial pressures mounting on more families, paired with rising unemployment, there has been a rising number in babies being abandoned or given up for adoption. In response to this ...
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Covid-19 shines spotlight on gaping holes in personal risk planning and responding insurance solutions

Published: Tue, 11 Aug 20

The Covid-19 pandemic has pulled a critical thread, unravelling the fibre of every economic and social structure, across countries, continents and communities. In the wake of soaring infections, hospitalisations and global lockdowns, this black swan event has painfully revealed how vulnerable we are to an unprecedented, ...
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Liberty Drives Hope - and places the needs of ordinary South Africans at the core

Published: Fri, 31 Jul 20

It was a desperate cry for help on Facebook. When Karen Denny, Divisional Executive for Liberty’s Digital Marketing team, first read it, her heart sank. An elderly woman had anonymously poured her heart out, searching for help after she was sexually assaulted by a relative. The woman’s family and friends ...
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Having a say in our future, digitisation in insurance

Published: Thu, 30 Jul 20

The present is the only space in time we can influence, said Professor of Futures Studies Andre Roux at the fourth iteration of the InsureTalk Webinar series. And influenced we have been.   "The pandemic has affected us all, forcing a new way of interaction," said Craig Olivier, Chief ...
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Millions of South Africans avoid preventative health screenings due to a lack of financial access

Published: Thu, 30 Jul 20

A lack of access to primary healthcare due to financial constraints is leaving millions of South Africans vulnerable, resulting in more severe health conditions and illnesses that are only discovered once they are at crisis stage. While quality primary health care will ensure “early detection” in most ...
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BELT CONVEYORS IN UNDERGOUND MINES

Published: Wed, 29 Jul 20

    ASSESSMENT AND EFFECTIVE MANAGEMENT OF RISK BELT CONVEYORS IN UNDERGOUND MINES By Eugene Pretorius   A Risk Assessment on the belt conveyors in the underground metal and no-metal mines was conducted. The objective of the exercise was to determine the inherent fire risks ...
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Design “Away” Fires In Substations And Transformers

Published: Wed, 29 Jul 20

    By : Eugene Pretorius. N. Dip. (Fire Tech)   Many fires can be prevented and or reduced to insignificant losses by introducing minuscule changes at the incipient design stages of new substations and the placement of new transformers at sites. We have been involved in various ...
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SAVING IS ESSENTIAL, SO IS INSURANCE

Published: Thu, 23 Jul 20

Johannesburg, 23 July 2020 – Each year, during National Savings Month, the spotlight is firmly on educating South Africans how to increase their savings nest egg and why they should consider it. But often the role insurance can play in securing our financial futures is overlooked. The Ombudsman for Short-Term ...
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Safety features not ‘the’ priority for SA car buyers says SAMBRA

Published: Sat, 18 Jul 20

Buying a car, new or secondhand, is a big financial commitment and the buyer wants to know they are getting bang for their buck, along with all the things which they most desire in a car. Richard Green, national director of the South African Motor Body Repair Association (SAMBRA), says safety may be a consideration, ...
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South African consumers and businesses tap into the certainty of niche insurance solutions as the economy bites

Published: Wed, 15 Jul 20

As the covid-19 economy bites and consumers scrutinise every aspect of their discretionary spending, specialised and niche insurance products are seeing a significant uptick in enquiries. Consumers as well as business owners are looking to cut the fat, but at the same time, they want the absolute certainty of financial ...
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The Ombudsman for short-term insurance (OSTI) released its quarterly Briefcase

Published: Mon, 13 Jul 20

The Ombudsman for short-term insurance (OSTI) released its quarterly Briefcase (attached). It contains news from the editor, case studies, consumer tips and general information on what the Ombudsman does.
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The new way of servicing clients through digitisation

Published: Mon, 13 Jul 20

With the evolution of digital technologies, insurance brokers are finding new ways to optimise processes, reduce costs and most importantly connect with their customers without detracting from their role of providing risk and insurance related solutions. Face-to- face interaction has been the de-facto way for insurance ...
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Past, present and future: all the ways COVID-19 has changed insurance

Published: Fri, 10 Jul 20

The COVID-19 pandemic has radically changed the insurance landscape, and will probably continue to for years to come. These changes range from how financial services and insurance businesses operate, what factors are considered in deciding who gets cover and how much, and how people protect themselves against risk ...
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How to spot a financial scam

Published: Thu, 09 Jul 20

Richard Rattue, MD, Compli-Serve SA   The prevalence of online financial crime speaks to the value of personal and company data. At a recent webinar, Reuters, shared some important reminders. Even though you may have taken the necessary precautions to keep yourself safe, scams evolve just as we do. Becoming ...
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POPI ACT IS NOW IN FORCE

Published: Tue, 07 Jul 20

FIVE STEPS TO ENSURE POPI COMPLIANCE FOR DIRECT MARKETING   07 July 2020: The Protection of Personal Information Act 4 of 2013 (POPI) has now come into effect and it is important that South Africa businesses adhere to the new regulations. The use of personal information is everywhere and it’s almost ...
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InsureTech supports consumers on their financial wellness journey

Published: Wed, 01 Jul 20

InsureTech (the ability to address your Insurance needs interactively and seamlessly) supports consumers on their financial wellness journey    Iemas Insurance Brokers is at the forefront of affordable and trusted digital solutions. Managing Director, Piet Wolmarans and Operations & Compliance ...
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