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Latest news

A collective of the latest news and industry insights. Select your knowledge stream below.

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 23, 2024
Lombard Insurance to sell Lombard Broker Partners division to Hollard Group
Lombard Insurance Company Limited (Lombard) announced earlier this month that it has reached an agreement with Hollard Insurance Group for the sale of its Lombard Broker Partners (LBP) division, offering standard commercial property and motor insurance, subject to regulatory approvals.
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October 22, 2024
Growing demand in Europe – Munich Re remains disciplined while further expanding
Munich Re is committed to providing reliable reinsurance solutions in Europe, focusing on natural catastrophes, motor, and cyber risks. By leveraging strong financial capabilities and advanced risk models, they ensure pricing reflects underlying risks, while supporting clients in risk mitigation.
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October 22, 2024
Real Estate defies expectations as the sector demonstrates stability across subsectors in Africa
Despite early concerns about the decline of traditional office work during the Covid-19 pandemic, Standard Bank reports resilience in Africa’s real estate sector. The office, retail, and industrial markets have seen strong recovery, supported by flexible hybrid work models and growing demand for industrial space.
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October 22, 2024
How Hollard leverages shared value principles to drive sustainable development in Africa
Hollard International's shared value strategy integrates business growth with social impact, addressing Africa's socio-economic challenges. By offering tailored insurance solutions, promoting financial inclusion, and supporting renewable energy projects, Hollard aims to drive sustainable development and strengthen local economies across the continent.
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October 22, 2024
Medium-term budget preview: Pinpointing five fiscal pressure points
Sanisha Packirisamy, Chief Economist at Momentum Investments Group shares five of the fiscal pressure points that she expects the medium-term budget policy statement (MTBPS), to be tabled on 30 October 2024 by Finance Minister Enoch Godongwana, to focus on.
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October 22, 2024
Cybercrime threatens the survival of South African small businesses
As small businesses in South Africa embrace digital transformation, they face increasing cybercrime risks. Faiez Hartley, Head of IT at Business Partners Limited, urges SMEs to invest in cybersecurity, noting that cyberattacks can lead to financial losses, damaged reputations, and business closure.
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October 22, 2024
Safeguarding Your Business in an Evolving Digital Landscape
As cyber threats continue to grow in both scale and sophistication, businesses in 2024 must remain more vigilant than ever to safeguard their sensitive data and financial assets. With cyber risks advancing alongside technological progression, cybersecurity can no longer be treated as an afterthought; it is as crucial as any other core business policy.
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October 22, 2024
Successful exits on the horizon for Africa’s VC sector
Africa’s venture capital (VC) ecosystem faced significant challenges in 2023 due to political instability, slow economic growth, and reduced funding access. However, local VCs demonstrated resilience through collaboration, leading to successful exits.
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October 22, 2024
What to consider when deciding to trade locally or offshore
There is no one-size-fits-all solution when it comes to investing. At best, the savvy investor knows the importance of investing in shares, as this is the single asset class that delivers inflation-beating returns over the long term.
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Download the 2023 TechFest eBook

Technology has become indispensable in the digital age. As for the insurance and financial industries, if you had the privilege, or foresight, to attend COVER's TechFest2023, you would have heard from the various presenters how crucial innovation on the back of technology has become for survival and a sustainable competitive strategy.

In this e-book we feature a comprehensive overview of all the presentations and round table discussions. The videos of the sessions, for the full experience, can be viewed on our website.

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