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The Insurance Journey of Tomorrow
The Insurance Innovation Journey
April 2021 Edition
May 4, 2021
March 2021 Edition
March 24, 2021
February 2021 Edition
March 5, 2021
January 2021 Edition
February 4, 2021
Opportunity to reduce underinsurance
June 26, 2014
Teddies for Christmas
June 16, 2014
The Corporate Governance Framework is proud to be associated with the drive to enhance the lives of South Africa’s children. Every Christmas Big Five Duty Free participates in a Teddy Bear initiative at O.R. Tambo International Airport. For the past two years, the Wot-if? TRUST has helped to distribute teddies to orphanages, nursery schools, Christmas parties and organisations like Teddy Bear Clinic and Children of Fire and Choc.
Piercing the rights of privacy
June 12, 2014
The Bill provides that citizens, including juristic persons, have the right not to have themselves, or their property searched; not least also the privacy of their communications being infringed. That notwithstanding, the right to privacy has certain limitations which are not often highlighted. These limitations can in fact be ‘the fly in the soup’ so to speak, especially if a person is suspected of — as an example — ‘unlawful behaviour’ in the commercial world. Before elaborating on the manner in which the privacy of either a natural or juristic person’s privacy rights may be invaded, it is important to note that such an intrusion may only be exercised through legal application and where proper processes have been followed. Expectedly, the privacy intrusion, when it is permitted by a Court, must be done on a basis which has reasonable cause and is justifiable
Second insurance regulation conference
May 26, 2014
On 3 and 4 June 2014 the second annual Insurance Regulation Conference will take place at the The Forum on The Campus in Bryanston. The Conference promises to bring delegates up to speed with the latest legislative changes and help the industry prepare for compliance. This is a CPD point event over two days, and the key issues that will be discussed include international developments in insurance regulation, etc.
IFRS 10: What about the balance sheet?
May 22, 2014
IFRS 10 – how does your balance sheet change with the introduction of IFRS 10?
Dennis Jooste, The Ombudsman for Short-Term insurance
May 16, 2014
COVER Magazine interviews Dennis Jooste, The Ombudsman for Short-Term insurance
FSB takes action against Thuso Burial Scheme
May 13, 2014
The Registrar of Long-term Insurance (Registrar) has referred a case against Thuso Burial Scheme CC. The Burial Scheme has been practicing long-term insurance business by offering and providing policy benefits to students of the Walter Sisulu University in terms of a group life scheme policy from on or around January 2012 until on or about February 2013. This was done in partnership with Business Zone.
When retirement is made impossible
April 27, 2014
The retirement industry itself has caused this dilemma because of historically high cost and commission structures, structuring of products such as guaranteed products, smoothed bonuses and penalty clauses. This has also been allowed to happen by Trustees Boards approaching retirement fund issues from a perspective of what suits them personally – and not ‘walking’ in their members’ shoes. The same goes for employers who participate in umbrella funds.
When your hobby becomes your business
April 25, 2014
In today’s fast-paced world of juggling careers, partners, children and extended family, only a fortunate few are able to devote attention to a passion or pastime. In certain, often unforeseen, circumstances, such as retrenchment, divorce, or death of a spouse, a hobby can evolve into a fully-fledged business. But, having a creative idea for a business is not enough. Considerations such as the venture’s legal nature, taxation requirements and the impact the business will have on a personal estate should be taken into account when a hobby becomes a business.
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COVER Magazine – July 2020
In the July edition of COVER we take a look at the industry outlook, what we can expect to see come out of the COVID inferno.
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Advice and Innovation E-book
April 12, 2021