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Fidelity insurance : the who, what and why.
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.
The old adage Africa is not for sissies most certainly applies to South Africa’s motor risks.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?