Risk Management

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October 23, 2024
Risk Agency Warns Gauteng’s Water Crisis Will Intensify Without Strategic Action
Gauteng faces a critical water crisis as Rand Water warns of potential depletion this summer. Riskonet Africa urges businesses to act now by reviewing risk exposures and insurance coverages.
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October 16, 2024
Third Party risk keeps SA organisations vulnerable
A recent webinar hosted by SIGCyber of IITPSA emphasised the importance of Third Party Risk Management (TPRM) for mitigating cyber and broader business risks. Experts highlighted that managing third-party risks, beyond just cybersecurity, is essential for protecting sensitive information, reducing reputational, legal, and financial risks, and improving overall security.
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August 19, 2024
SA’s Biggest GDP Contributor Battles Climate Change Risk
The agriculture sector is vital for economic growth. It contributes 3% to GDP, supports 941,000 jobs, and generated US$13.2 billion in export revenue in 2023 – South Africa produces 10% of the global citrus production. But climate-induced changing weather patterns threaten the outlook for certain crop yields in 2024.
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August 15, 2024
Property and Cyber Risks SMEs are Faced With
Andrew Aubin, Aon South Africa's regional GM for the coastal region, highlights the escalating challenges faced by small businesses in South Africa due to economic pressures, crime, and geopolitical uncertainties.
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Financial Planning

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November 20, 2024
Living annuity drawdown rate average lowest in five years at 6.6%
The 2023 living annuity statistics, released today by the Association for Savings and Investment South Africa (ASISA), show that South African retirees had R682.2 billion of their retirement savings invested in 535 509 living annuities at the end of 2023.
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November 19, 2024
How to create lasting wealth that spans generations
Haydn Johns, Head of PSG Life and PSG Invest, PSG Wealth, explores creating intergenerational wealth through strategic financial planning. From asset allocation to estate planning, he highlights key steps and considerations to ensure lasting wealth for generations to come.
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November 19, 2024
Fintech develops Whatsapp-powered bank card for those who can't access conventional banking
In collaboration with Access Bank and Pick n Pay, the Mama Money Card aims to overcome the challenges faced by millions in the country where there are barriers to conventional banking services.
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November 19, 2024
Are you facing financial abuse? Here’s how to recognise it and take action
Jessica Pillay, Financial Adviser at Momentum Financial Planning, explores the hidden yet devastating impact of financial abuse in gender-based violence. It highlights warning signs, practical steps to regain financial independence, and resources to empower women to break free and reclaim control over their lives.
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November 20, 2024
CIS investor confidence recovers in quarter three, reversing second quarter net outflows
Investor confidence rebounded in Q3 2024, driving net inflows of R42.3 billion into South Africa's Collective Investment Schemes industry. Assets under management grew 4.3% to R3.80 trillion, supported by improved sentiment, favorable reforms, and strong equity performance despite investor caution.
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November 19, 2024
Residential property transactions need a helping hand
Estate Agents welcomed the South African Reserve Bank’s decision to cut interest rates by 25-basis points recently, but they hope it is the first step of many which will help push the market to recovery.
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November 19, 2024
The case for a bold rate cut in South Africa's monetary policy
Johann Els, Chief Economist at Old Mutual Group, predicts that headline inflation, which stood at 3.8% in September, will drop sharply to around 3% and could potentially dip further to 2.9% or even 2.8%. This anticipated decrease represents a significant turning point, potentially marking the lowest inflation rate observed in the current cycle.
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November 19, 2024
The Trump Questions
Izak Odendaal, Investment Strategist at Old Mutual Wealth, reflects on the global and local economic impacts of the recent US election. He highlights key uncertainties, potential policy shifts, and their implications for South African markets, emphasising the importance of patience, diversification, and a focus on economic fundamentals in the coming years.
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The cost of living is being hiked...

Is it just us or is every price imaginable being hiked – from fuel and electricity, to daily living expenses, school fees and transport costs?

Maybe your clients caught a breather when their current medical aid announced a contribution increase holiday towards the end of last year, but with that ending soon, they’ll now have to find the money somewhere to foot that bill too.

Luckily, your clients do have a say in the matter. They can tell their medical aid to “take a hike” and switch to Fedhealth, which lets them create and control their own medical aid affordability – all year long..

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November 19, 2024

Bryte Travel Index 2024

Bryte Insurance's 2024 Travel Trends Index explores South Africans' evolving travel habits, highlighting tech-driven convenience, eco-conscious adventures, and blended work-leisure trips. It emphasises the importance of comprehensive travel insurance amid rising risks, from medical emergencies to high-risk destination claims.
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November 19, 2024

African Risk Capacity Ltd. CEO Lesley Ndlovu on the 2024 TIME100 Climate List

TIME has named African Risk Capacity Limited (ARC Ltd.) CEO Lesley Ndlovu on its 2024 TIME100 Climate List, recognising him as one of the 100 most influential climate leaders in business.
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November 14, 2024

Allianz Commercial South Africa Celebrates Annual Allianz Cocktail Themed Oktoberfest

Allianz Commercial successfully hosted its annual Allianz Cocktail, themed Oktoberfest, on November 13, 2024, in Johannesburg. This exclusive, high-end event, which has been running since 2009, was designed to show appreciation to key external stakeholders, including brokers, clients, service providers, journalists, leaders of insurance institutes and business bodies.
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November 13, 2024

SA auto glass masters share top tips for business

Three South African entrepreneurs from the My Glass network share insights on thriving in the glass fitment industry. My Glass's licensing model empowers them to focus on customer experience, form strategic partnerships, and grow sustainably.
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November 6, 2024

Renting out your property? Here’s why you need the correct insurance

Wynand van Vuuren, client experience partner at King Price Insurance, says that your risks change when you rent out a living space for income. “Your personal buildings and home contents insurance covers loss, damage and liability, but the addition of paying guests brings additional risks and your insurer may reject claims if you don’t have the correct cover in place.”
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November 4, 2024

Short-term property insurance 101

Karen Rimmer, Head of Distribution at PSG Insure, reminds homeowners and business owners that this time of year brings unique risks. To avoid unforeseen losses, she advises a thorough review of short-term insurance policies to ensure valuable assets are well-protected.
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November 8, 2024
Expanding Access to Affordable Healthcare
Maria Makhabane, Chief Growth Officer at Discovery Health, shares her vision for transforming healthcare access in SA.
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November 8, 2024
How Cyber Risk Is Redefining Business Insurance
Spiros Fatouros, CEO of Marsh Africa, dives into one of the most pressing challenges facing businesses today: cyber risk
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November 5, 2024
A Trailblazer in Financial Services
Nonhlanhla (Noni) Nxele, CFP® shares her journey and advice for young advisors.
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November 5, 2024
Living in the Moment
Nondumiso Mabece, head of brand and Santam Insurance fills us in on Santam's brand refresh.
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November 5, 2024
Understanding the Evolving Landscape of HCV and GRT Insurance
Curtis Davey, divisional director, Natsure Underwriting Managers explores the evolving world of HCV and GIT
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November 1, 2024
The Rising Threat of Data Exfiltration
The Allianz Cybersecurity Resilience Report 2024 highlights with Santho Mohapeloa, Cyber Specialist at Allianz Commercial
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November 4, 2024
Evolving Complexity in Engineering Claims
Firedart Claims Team shed light on the evolving landscape of engineering claims
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October 23, 2024
Growing brands podcast series - Marketing Session with Elliot Schwartz
Elliot Schwartz, with decades of experience in insurance & marketing, shares insight into the value of business strategy.
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October 23, 2024
Breaking the Mold: Redefining Insurance with Data and Technology
The leadership team at Elevate, delve into the company’s pioneering approach to revolutionising the insurance industry
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October 14, 2024
Navigating Offshore Investments for South Africans
The importance of understanding the different customer segments in the Offshore investments space
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November 19, 2024
Fintech develops Whatsapp-powered bank card for those who can't access conventional banking
In collaboration with Access Bank and Pick n Pay, the Mama Money Card aims to overcome the challenges faced by millions in the country where there are barriers to conventional banking services.
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November 12, 2024
COVER Hosts Inaugural Innovators Network Executive Roundtable on AI in Insurance
COVER's first Innovators Network Executive Roundtable on #AI in Insurance was a huge success! On Nov 7 in Johannesburg, over 30 financial services execs came together to discuss AI opportunities, ethical considerations, and real-world applications with industry leaders from Microsoft and Sapiens.
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November 4, 2024
Mastering IT Governance and Risk Management
Hannes Geel, Masthead Compliance Officer, provides key insights into the Joint Standard on IT Governance and Risk Management, which financial institutions are expected to comply with by 15 November 2024. He highlights the importance of robust IT governance and risk management practices to safeguard against IT risks and system failures.
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October 9, 2024
Old Mutual launches Mobile Virtual Operator Network
Old Mutual is set to transform mobile connectivity in the lower segment market after launching the Mobile Virtual Network Operator (MVNO) service.
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June 19, 2024
Understanding the value of customer complaints and the importance of handling them well
Complaints are an inevitable aspect of running a business. Handling these customer grievances effectively is crucial, not only for maintaining a good relationship with the complaining customer but also for safeguarding your business’s reputation - especially in an era where social media can amplify an individual’s voice
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August 31, 2023
Three practical ways to make your small business bloom this spring
Janeesha Ragubeer, Area Manager at Business Partners Limited, foresees a promising season ahead for South African small businesses, offering her insights on three actionable strategies to help them flourish this spring.
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October 24, 2022
The competitive structure of the global insurance marketplace sector
According to a ranking and analysis completed by Insuramore, revenues earned worldwide by insurance marketplaces are likely to have had a value of around USD 6.74 billion in 202...
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