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Press Archive »

SANDWICH PANELS: A Burning Issue - Understanding the Risk

Published: Thu, 17 Sep 20

Sandwich Panel related fires have resulted in major property damage and business interruption losses over the years. What are Sandwich Panels? Sandwich Panels or Composite Panels are structures made up of three layers: a low-density core and a thin metal or plastic skin-layer bonded to each side. Over ...
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Allianz and Euler Hermes strengthen Africa team

Published: Wed, 16 Sep 20

Johannesburg – September 16, 2020 – Allianz Global Corporate & Specialty (AGCS) appointed Asheen Maikoo and Piet Schutte as Senior Risk Engineers on September 1, 2020, to continue to provide world-class risk consulting services to help businesses in Africa manage, prevent, and ...
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Published: Mon, 14 Sep 20

        Well-known collections and payments company, QLINK Holdings (Pty) Ltd, today announced it has rebranded Insure Group Managers Services (IGMS) to QSURE. Chief Executive Officer, Ian Thompson said the rebranding follows an intensive process to conceptualise and position ...
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Allianz: Companies face five liability loss trends in the face of the coronavirus pandemic

Published: Wed, 09 Sep 20

Johannesburg/London/Munich/New York/Paris/Sao Paulo/Singapore – September 09, 2020 – Liability exposures for companies around the world are increasing. Factors such as rising litigation, collective redress and large court verdicts, costly and frequent recalls in the automotive and food sectors, the disruptive ...
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Published: Wed, 09 Sep 20

This study is the very first Coface survey on corporate payment experience in the Netherlands. Originally, this survey had been conducted between February and early-March 2020 (the first quarter of 2020, Q1 2020), with 301 participating companies located in the country. However, at the end of the survey period, COVID-19 ...
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Will Europe remain a renewable energy powerhouse after the pandemic?

Published: Wed, 09 Sep 20

Global renewable energies: continued ascension despite the COVID-19 pandemic   Paris, September 8, 2020 – The COVID-19 health crisis has had a negative impact on short-term global renewable energy development, and challenges remain in the medium- to long-term, according to a recent Coface study. ...
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Insurance technology leader Genasys unveils new look

Published: Mon, 07 Sep 20

              Genasys Technologies has undergone an external brand refresh as part of its strategy to continue the global expansion of its operations and further cement its place as a leading insurance technology provider in South Africa. The ...
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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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Allianz appoints Deon Venter as Head of Allianz Risk Consulting in Africa

Published: Wed, 19 Aug 20

Allianz Global Corporate & Specialty (AGCS) appointed Deon Venter as Head of Allianz Risk Consulting (ARC) in Africa effective August 1, 2020. He reports to Eva Poujardieu, ARC’s Regional Manager for the Mediterranean and Africa Region at AGCS and Thusang Mahlangu AGCS CEO in South Africa. Deon ...
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Indwe launches South Africa’s first car and home insurance advice app

Published: Tue, 18 Aug 20

Indwe Risk Services today announced the launch of BluPixl – the all-in-one car and home insurance app that lets consumers choose and manage insurance cover according to their needs. The app is powered by Indwe, one of South Africa’s largest independent insurance brokers, and integrates insurance expertise ...
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Published: Mon, 17 Aug 20

Fidelity Services Group in partnership with Auto & General Insurance is proud to announce the launch of Fidelity InSure - a comprehensive vehicle, home, and building insurance offering to complement and support the Group’s existing suite of services. Wahl Bartmann, CEO of Fidelity Services Group ...
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Allianz appoints Connie Nkosi as Senior Underwriter

Published: Mon, 17 Aug 20

Allianz Global Corporate & Specialty (AGCS) appointed Connie Nkosi as a Senior Underwriter effective August 1, 2020 reporting to Head of MidCorporate in Africa Geoff Tanton. She entered the insurance industry as an Insurance broker at Old Mutual Insure in 2008 and spent time at Marsh as a Placement Broker and ...
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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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From insurance product concept to live in the market in 50 days

Published: Fri, 14 Aug 20

When GENRIC Insurance Company agreed to bring a new insurance product to market - Pandemic Shield - to protect consumers against the financial ramifications of a Covid-19 hospitalisation, they knew time was of the absolute essence. The Pandemic Shield insurance policy is underwritten by GENRIC Insurance Company and ...
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From insurance product concept to live in the market in 50 days

Published: Fri, 14 Aug 20

When GENRIC Insurance Company agreed to bring a new insurance product to market - Pandemic Shield - to protect consumers against the financial ramifications of a Covid-19 hospitalisation, they knew time was of the absolute essence. The Pandemic Shield insurance policy is underwritten by GENRIC Insurance ...
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Published: Thu, 13 Aug 20

COVID-19 is entrenching long-term shifts in consumers’ attitudes, behaviours and purchasing habits, shows Accenture’s Consumer Behaviour Research Report. Clients’ evolving needs and expectations mean intermediaries should adopt an even more client-centric, empathetic approach. Now’s ...
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Transformation Collection During COVID-19

Published: Wed, 12 Aug 20

While COVID-19 has created havoc on society, this change can contribute to positive opportunities in the way we do business within an enterprise moving forward. Rapid Collect can assist SME's and Enterprises with their collection and payment solutions digitally. Our integrated web based systems will ...
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From The Glossary »


Keyperson Assurance:

Keyperson assurance refers to policies effected by an employer on the life of an employee with the purpose of compensating the business for the loss it will sustain should the employee die prematurely. The plan guarantees that cash will be available to absorb any disruptions to the business, protect existing credit facilities and provide the necessary funds for the recruitment and training of a replacement.
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