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Category: Insurance Matters

Insurers can no longer afford to price property risk by suburb alone

Insurers can no longer afford to price property risk by suburb alone

Two properties can sit only a few kilometres apart, carry similar replacement values and appear almost identical on an insurer’s underwriting system. Yet their actual exposure to loss can be significantly different: One property may

Your Car is Smart. Your Thief is Smarter

Your Car is Smart. Your Thief is Smarter

By Tim ChadwickMy client Danie. I will not use his real name as he will recognise himself immediately. Anyway, Danie spent R14 000 on vehicle security last year. He has a Ghost immobiliser, a RF

Your Life Depends On Fuel. Mostly

Your Life Depends On Fuel. Mostly

By Tim ChadwickSomewhere Near DubaiThe Strait of Hormuz, until recently, occupied the same mental real estate for most South Africans as your IT guys two hour sermon on cloud migration versus on premise storage. It

Business focus: 4 Essential insurance solutions Every SME should have

Business focus: 4 Essential insurance solutions Every SME should have

By Etienne Fourie, Chief Sales Officer at BrightRockFor South Africa’s small and medium enterprises (SMEs), sustainable growth depends on more than sales and cash flow. Strategic risk management – especially business insurance – is often

Sophos and Phishield Launch Integrated Cybersecurity and Insurance Initiative Amid Escalating Ransomware Crisis

Sophos and Phishield Launch Integrated Cybersecurity and Insurance Initiative Amid Escalating Ransomware Crisis

The latest figures from Sophos’ State of Ransomware in South Africa 2025 report reveal that the median ransom payment nearly tripled over the past year, increasing from approximately R2.8 million to R8.3 million, underscoring the

Cover reimagined: Where self-insurance meets traditional protection

Cover reimagined: Where self-insurance meets traditional protection

Richard Hood, CEO of OLEA South AfricaFor many established businesses, conventional insurance can feel like a necessary evil, a grudge purchase that delivers diminishing value over time. Yet, the transition from traditional coverage to self-insurance

Uncovering South African Entrepreneurs’ Hidden Business Risks

Uncovering South African Entrepreneurs’ Hidden Business Risks

While South African entrepreneurs are growing increasingly sophisticated in planning for long-term growth and succession, a critical and often overlooked insurance gap is leaving a vast number of small and medium-sized businesses dangerously exposed. South

Cyber insurance: the average amount of compensation claimed by organisations using MDR services is 97.5% lower than that of organisations relying on endpoint solutions only, according to a Sophos study

Cyber insurance: the average amount of compensation claimed by organisations using MDR services is 97.5% lower than that of organisations relying on endpoint solutions only, according to a Sophos study

The average claim following a significant cyberattack is just $75,000 for MDR users, compared with $3 million for endpoint-only users.Sophos, a leading global provider of innovative security solutions designed to neutralise cyberattacks, has unveiled the

Enhancing compliance and IT efficiency for the South African insurance sector

Enhancing compliance and IT efficiency for the South African insurance sector

The South African insurance sector operates in a complex regulatory environment, where adapting to evolving financial regulations is critical. As the demands on insurers grow, so does the need for comprehensive IT systems that support

Global commercial insurance rates fall 1% in Q3

Global commercial insurance rates fall 1% in Q3

Marsh the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC) has released the Global Insurance Market Index for Q3.The Global Insurance Market Index is Marsh’s proprietary measure of global