April 2024 Edition

Doing business in South Africa is challenging due to high crime, poor basic services, and slow economic growth, exacerbating unemployment. The insurance industry safeguards against unforeseen events, fostering small business sustainability and prosperity. Insurers also bear a social responsibility to expand comprehensive coverage, especially for SMMEs, as highlighted in our SMME feature in this edition.
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What’s Inside

The two-pot retirement system: what’s really cooking?

The envisioned two-pot system might however fall short of its lofty ambitions of promoting a savings culture.

Empowering SMMEs: The role of insurance and advice

Insurers and advisers must collaborate with SMMEs to provide adequate coverage for commercial and liability risks, including tailored options for sector-specific challenges.

A New Era for Insurance Brokers – Outlook 2024

As we step into 2024, the insurance industry finds itself at a crossroads, grappling with the challenges posed by inflation, economic stagnation, and increasing pressure on claims.

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