News

News2019-07-11T15:48:17+00:00

News

Tamara Ungerer, Technical Commercial and Specialist Product Development Manager, is featured in Cover magazine sharing thoughts on whether the industry is ready for the challenges and opportunities in 2019. The economy is a huge driving factor when it comes to the construction and engineering sector seeing many big corporates hitting [...]

Small Medium Micro Enterprises (SMMEs) and Small Medium Enterprise (SMEs) form an important sector of the South African economy. In March this year, the small business sector received significant backing from government with the launch of the R1.4 billion SME fund. The fund is managed by some of the [...]

While the uptake of cyber insurance products in the South African market has been slow, the majority of businesses do require some form of cyber cover. The question is, does a stand-alone cyber insurance product provide businesses with the cover that they require? Does your business have the have [...]

At the end of March Cover Publications hosted their annual insurtech conference. A two-day conference which provides a platform for some of the leading insurtech companies in South Africa to share their learnings with the audience and for companies to discuss their thoughts on where they see the insurance [...]

The PMR Africa Business Excellence Awards Ceremony recognises excellence across all business sectors through a culmination of thorough industry research. The process involves companies and institutions who are rated based on respondents’ perceptions, with a strong focus on evaluating and measuring customer service and satisfaction. PMR.Africa wants to acknowledge [...]

At the end of 2017, the Financial Sector Conduct Authority (previously the Financial Services Board) gazetted various pieces of legislation as a result of the Retail Distribution Review and Twin Peaks regulation. This new legislation will have a significant impact on the industry as a whole and more specifically, [...]

In 2017, we advised you of our acquisition of FPA Underwriting Managers (Pty) Ltd. During the past 12 months we have attended to the integration of FPA into our business and we now are pleased to announce the change of corporate branding. What does this [...]

When it comes to White Collar Crime, the Insurance industry is exposed on two fronts: as both victim and as protector. Insurers lose billions to bogus claims, potentially fueling fraudsters if unreported. They also offer many corporate clients their first form of defense against fraudulent activities and theft by [...]

Clients who insure through CIB are conducting business with one of the best performing brands in the South African short term insurance industry. A recent analysis of the Ombudsman for Short Term Insurance (OSTI) 2016 Annual report confirms CIB would have featured in the top quartile of insurers – [...]

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The Minister of Finance announced an increase in the Value-added tax (VAT) rate in his budget speech on 21 February 2018. The standard rate of VAT will change from 14% to 15% with effect from 1 April 2018. Short-term insurance premiums are subject to VAT therefore VAT inclusive Sums [...]