Risk Management

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July 16, 2024
Business interruption is the top risk for the oil and gas sector in 2024
According to the Allianz Risk Barometer, business interruption is the top concern for the oil and gas sector in 2024, followed by energy crises, climate change, fire, explosions, and natural catastrophes. Addressing these risks is essential for business continuity and resilience.
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July 16, 2024
IRMSA Warns One in Three Risk Managers Face Threats Amid Anti-Corruption Efforts
One in three South African risk managers face threats when addressing public interest risks, says IRMSA. The organization supports the SIU's efforts in combating corruption, emphasizing the need for robust oversight to ensure accountability and transparency.
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July 1, 2024
IRMSA Launches 10th Edition of Risk Report at a Pivotal Juncture for South Africa
Against a backdrop of local and global political, social, and economic uncertainty, The Institute of Risk Management South Africa (IRMSA) releases the 10th edition of its highly anticipated Risk Report on the 2nd of July at the Johannesburg Country Club in Woodmead
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June 11, 2024
Natural catastrophes, Fire risks top concerns for Engineering, Construction, and Real Estate sector in 2024
The engineering, construction, and real estate sector is facing significant challenges in the year ahead, with Natural catastrophes and Fire, explosion risks emerging as the primary concerns, according to the Allianz Risk Barometer. It is followed by Business interruption (28%), Macroeconomic developments (21%) and Cyber incidents (19%).
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Financial Planning

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July 26, 2024
How to get on top of your tax return
As a taxpayer, understanding what your filing obligations are is crucial to ensuring that you remain tax compliant. During this tax season, the South African Revenue Service is once again making use of the auto-assessment process and plans to impose harsher penalties on taxpayers who file their tax returns late.
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July 22, 2024
2024 FPI Financial Planner of the Year Finalists
The top three finalists for the esteemed 2024 Financial Planner of the Year Award, presented by the Financial Planning Institute of Southern Africa (FPI), have been unveiled.
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July 22, 2024
President Signs Pension Funds Bill. Two-Pot on track for 1 September
President Cyril Ramaphosa has signed the Pension Funds Amendment Bill, enabling the Two-Pot Retirement System, effective from 1 September 2024. Old Mutual Corporate supports this legislation, but emphasizes the need for patience and thorough readiness from retirement funds and administrators.
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July 22, 2024
Two-Pot legal hurdle crossed, now the race to prepare is on
Today, the President signed the Pension Funds Amendment Bill into law, following his signing of the Revenue Laws Amendment Bill last month on 1 June 2024. This means that all prerequisites for SA’s new Two-Pot retirement system to take effect from 1 September 2024 have successfully been concluded.
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July 26, 2024
Allocating capital to investments that grow South Africa’s economy
The formation of South Africa’s new government of national unity bodes well for the consolidation of state reform and pro-growth initiatives, including better performing parastatals, such as Eskom and Transnet, asserts Navin Lala of Old Mutual Alternative Investments.
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July 26, 2024
Morningstar Investment Conference 2024 assembles star line-up of speakers
The annual Morningstar Investment Conference is set to take place on 17 September 2024 at the Cape Town International Convention Centre this year. The much anticipated in-person event brings together some of the financial industry’s top minds to provide delegates with cutting-edge research, expert insights, and thorough analysis.
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July 23, 2024
Falling interest rates will help homeowners facing challenge of growing administrative costs
The easing inflationary environment has raised the prospect that the South African Reserve Bank may cut interest rates, with Standard Bank forecasting two cuts by year-end. However, higher administrative and home servicing costs will continue to pressure clients, despite potential rate cuts.
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July 22, 2024
The Ocean Next Door
The Indian Ocean region, despite being underappreciated, holds significant economic potential due to rapid growth in South and Southeast Asia, especially India. Increasing regional trade and improved logistics could unlock vast opportunities for South African firms and the broader economic ecosystem.
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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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July 26, 2024

Millennials will drive the growth of insurance in Africa

The insurance industry in Africa is undergoing significant transformation, marked by evolving consumer needs, technological advancements, and shifting demographics. Among the most influential demographic groups driving this change is the Millennials generation
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July 22, 2024

Commercial fires the single biggest risk to SA businesses

South African businesses lose millions annually due to fires, making commercial fire the biggest risk from an insurer's perspective. Thabo Twalo of Santam emphasizes comprehensive fire safety strategies and the importance of automatic fire sprinkler systems to mitigate these risks and reduce insurance premiums.
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July 18, 2024

Forbes lists Auto&General among the world’s best insurers

Forbes, the global publishing giant, has recognised Auto&General Insurance as South Africa’s top car insurer in its recent list of World’s Best Insurance Companies.
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July 12, 2024

Cell captive insurance solutions stand out in constrained economy

Karen Naidoo, Chief Operating Officer (COO) of Old Mutual Alternative Risk Transfer Insure Limited (OMART Insure), highlights the robust growth and strategic expansion of OMART Insure in the cell captive insurance market, emphasising its innovative solutions and strong market position in a challenging economic environment.
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July 3, 2024

Reasons why having a trusted insurance adviser can benefit you in the long run

In a dynamic and evolving environment where we face a multitude of risks, having an adviser on your side can bolster your insurance planning process. Advisers can provide invaluable foresight into new and emerging risks and help their clients make informed decisions.
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June 27, 2024

From passion to profit: what to consider if you have a side hustle and how to keep it safe

Jason Mellow of MiWay Insurance discusses the rise of side hustles in South Africa's gig economy. He emphasizes the importance of financial protection and appropriate business insurance for freelancers. Effective management and professional advice are key to sustaining and growing these ventures.
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July 26, 2024
Engineering Insurance in the SME Landscape
Fergus Mc Namara, Managing Director at FDM Engineering UM, offers a detailed overview of their company's evolution
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July 4, 2024
Celebrating Milestones: What to Expect at the 50th AIE Conference
Tony from Cover Magazine engages in an insightful discussion with Thokozile Mahlangu, CEO of the IISA
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July 2, 2024
Current Challenges in the Group Benefits Space
Sheldon Friedericksen of FedGroup discusses current challenges and future directions in the group benefits space.
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June 20, 2024
Understanding the Power of Attorney in South Africa
Louis van Vuren, CEO FISA discusses powers of attorney within South Africa's legal system.
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June 14, 2024
Balancing Innovation and Compliance
The intricate interplay between technological innovation and regulatory compliance in today's dynamic business landscape.
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June 14, 2024
Unlocking Generational Wealth: Insights from a Chief Wealth Advisor
Paul Counihan, Chief Wealth Advisor at Fedgroup, provides a comprehensive examination of generational wealth
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June 14, 2024
Driving Innovation: Agility and Data in the Modern Insurance Industry
Dane Richards, CEO of JMR, delves into the concept of business agility, particularly within the insurance industry.
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June 5, 2024
Driving Agility in Insurance: Insights from SSP’s Leslie Muthen
Leslie Muthen, Territory Head for Africa at SSP, discusses the critical role of agility in the insurance industry.
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June 5, 2024
The Role of Technology Providers in Driving Innovation
Paul Donnelly, Fineos, engages in a thought-provoking discussion on the intersection of technology and insurance.
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May 9, 2024
Navigating the Intersection: Human Touch in a Digital Era
Marcia Le Roux from SSP, shares her expertise on the evolving landscape where technology intersects with the human touch
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July 26, 2024
How artificial intelligence is improving industrial software
Manufacturers are increasingly turning to digital solutions to boost productivity. Global investment manager, Schroders discusses how AI has the potential to turbo-charge this trend and highlight two company case studies.
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July 16, 2024
Inclusivity Solutions Triumphs at VivaTech 2024
Inclusivity Solutions, the pioneering African technology company dedicated to closing the global insurance gap through innovative digital and embedded insurance solutions, is proud to announce its victory at the prestigious VivaTech 2024.
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July 9, 2024
Unveiling the Top Risks and Opportunities in the TMT Sector
In an era where the technology, media, and telecommunications (TMT) sector is rapidly evolving and shaping our world, understanding the key risks and growth drivers is crucial. As 5G, AI, and the metaverse redefine industries, the TMT sector faces unprecedented opportunities alongside significant challenges.
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July 2, 2024
Quantifying the organisational value of data science through Financial Resources Management
Unlike well-known and widely understood business areas like sales, marketing, or risk management, the outcomes and objectives of data science and analytics roles are not always easily understood by finance leaders.
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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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