Technology as an enabler for managing body corporates
The impact of Covid has created an unprecedented need to embrace technology and has in many ways accelerated the Fourth Industrial Revolution. The worldwide lockdown transformed us into a new reality faced with online classrooms and virtual board meetings. Regardless of age or demographic, we have had to learn and grow. The Fourth Industrial Revolution […]
The digital broker of the future
Technology, in the era of the Fifth Industrial Revolution (5IR), is evolving at a rapid pace, and the onset of the COVID-19 pandemic has accelerated that pace even more. The question is, however, how do brokers keep up and what are the benefits to them in embarking on the digital transformation journey? The current theme […]
Navigating the Current and Post-Electricity Shortage Crisis in South Africa: An Insurance Perspective
South Africa has been plagued by a significant challenge in the form of an electricity shortage crisis, causing widespread disruptions across the nation. The shortage resulted in power outages, affecting businesses, households, and infrastructure. Let us examine the current implications, challenges, and potential solutions for policyholders and insurance providers, as well as how insurers will […]
Troubling times, as SASRIA loses Excess of Loss Cover
Let’s start by addressing the facts. On 14 March 2022, Sasria announced, in Circular no: 517, that their re-insurers have pulled support for their “Excess of Loss Cover”. This typically has allowed clients and customers to increase their base sum insured from R500 million, combined cover for their material damage, to R1 billion. However, the […]
The implication of non-compliant geyser installations
The Plumbing Industry, especially with regard to the installation, replacement, and repair of geysers/hot water heaters goes through constant changes in regulations, compliance standards, safety standards, and guidelines. As a result of these changes, lack of understanding and in some cases misinterpretation or misguidance, a state of confusion and further lack of understanding has crept […]
