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Millennials (also known as Generation Y) are mostly defined as young adults aged 18 to 34. With a population of 19 million, Millennials are the largest age cohort in SA, accounting for 50% of the working-age population.
Recently, two prominent insurers announced their 2015 claim statistics and both companies emphasised the fact that longevity is a reality of our time.
The use of telematics by truck and fleet owners has definite advantages in regard to risk management. Initially, tracking devices were primarily an anti-theft and recovery device without offering much in the line of fleet management.
Technology, and our use of it, is expanding at an exponential rate. While the adoption of technology provides a powerful tool for differentiation, harnessing efficiencies and driving down costs, it does leave us increasingly exposed to evolving cyber and data related risks.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?