Insurance News

WITH virtual banking cards being offered across all digital banking platforms, and with the ability to load these cards on phones and other wearable devices, virtual cards are gaining ground over traditional physical cards or cash.

South African homeowners are being warned to ensure their electric fences are up to standard amid stricter law enforcement in the country.

The accelerated adoption of new technologies introduces new risks to businesses and households, but not always where you expect it to. So, while brokers and risk managers are on edge over cybercriminals using artificial intelligence (AI) to hack into bank accounts or steal clients’ data, there are some more basic devel

Over one-third (38%) of South African executives rank business email compromise (BEC) among their top three cyber threats - exceeding ransomware concerns - PwC’s 2024 Digital Trust Insights survey shows. It's no suprise then with over seven million phishing attempts logged in South Africa during 2023 alone, BEC is one

Homeowners are being warned that repeat break-ins are on the rise in South Africa, with criminals returning for replaced valuables or things they could not steal the first time.

A R6.5bn lawsuit in the wake of the 2022 KZN floods reveals how insurers are no longer willing to act as underwriters of public incompetence, especially concerning damage related to climate change.

South Africa’s insurance industry is waking up to the rise of artificial intelligence being used to perpetrate scams and fraud in the country, and is equipping itself to retaliate.

Severe storms and natural events are increasing in South Africa, and homeowners are warned to maintain their insurance and property to avoid high costs.

Eskom has recently confirmed it will use satellite technology to target non-compliant solar systems, and homeowners are warned to ensure their systems are properly registered.