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SABRIC, the South African Banking Risk Information Centre is aware of the media statement issued by Kaspersky on the 13th of January 2020 about potential malware attacks on major banks in the sub-Saharan Africa region, entitled ‘Silence before the storm: Russian speaking hacking group is attacking banks in Sub-Saharan Africa’. It states that the…
Chubb today announced the appointment of Allan Bader as Accident & Health Underwriter. In this role, Allan will be responsible for the development and growth of the company’s Accident & Health portfolio, focusing on Group Personal Accident and Business Travel. Allan has worked in the insurance industry for 16 years…
The insurance industry is becoming more technologically advanced and disrupted by the day.  This is happening against a backdrop where insurers are under massive pressure to manage costs, attract and retain clients in a shrinking market pool, improve claims management and turnaround times, and deliver superior customer experiences in a tech-driven…
Business interruption insurance is critical to keep the revenue generating ability of a business intact.  Amidst catastrophic events such as political strikes, cyber-attacks or natural disasters, business interruption scenarios are evolving rapidly, with the risk rated at #4 on the list of top 10 risks according to Aon’s Global Risk Management…
Fintech start-up reimagines the ultimate grudge purchase to deliver tangible financial returns for insured consumers For most consumers, motor and household insurance is the ultimate grudge purchase.  It’s that one thing that you must have because things can and do go wrong unexpectedly – and when they do, the financial…
It seems to be standard practice that at the end of every year, financially savvy investment guru’s give us their take on what they think the investment landscape for the following year will yield.  Predicting the future direction of financial markets is fraught with left and right turns. This year…
Tuesday, 24 December 2019 08:01

The robo saving for your child

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As December rolls around, many parents get to breathe a momentary sigh of relief that a monthly school fee payment won’t be going off this month. That is until you remember that you’ll be expected to re-start payments again in January and this time it will come with new text…
Thursday, 19 December 2019 14:21

The mobile data pricing conundrum

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There needs to be an analysis of more advanced, technically driven pricing structures, says IDC As the market continues to digest the Competition Commission’s summary findings on the data services market in South Africa, some experts believe that their methodology in coming up with the findings was not necessarily the…
By Signium Africa You can’t have a real vacation if everything in your environment reminds you of business pressures and family responsibilities. You don’t have to go overseas, just somewhere different. It could be a game lodge in the bush, a holiday at the coast, camping by a dam, or…
Early bird registrations have opened for South Africa’s most well know conference on debt collection.The 5th annual Debt Collection Conference – organised by Trade Conferences International - will take place on the 6 & 7 May 2020, at the Indaba Hotel, Fourways. With digital disruption in the debt collection industry…
Wednesday, 11 December 2019 10:45

Guard against under-insurance

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If you are under-insured, you may only be paid out partially for a loss Having a solid understanding of the implications of underinsurance is crucial at a time when many South Africans are financially strained and looking for ways to save on household costs.  While there is always the temptation to cut…
As the excitement of heading off for some much needed R&R sets in, take some time out from the shopping, travel arrangements and last minute work wrap-ups to secure your home, assets and loved ones before you head off for the holidays.  Criminals never take a break, usually targeting the…

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