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How 21st-century insurers and insurance brokers respond to global change and technology-related disruption remains poorly understood. The primary reason for this confusion lies in how these terms are interpreted in the corporate risk management context. “We do not understand what disruption is or how it impacts our lives [with the result] we are slow to change or transform our businesses,” said JP Holmes, Head of Specialist Property Business at Bryte Insurance.
Alpha Direct and GENRIC Insurance Company have joined forces to bring insurance product innovation to South Africa’s emerging insurance market where the protection gap of uninsured risks leaves millions of people facing serious financial and personal liability when things go wrong.
In a matter of weeks, the festive season will be in full swing. This period usually comes with numerous lifestyle adjustments, including traveling, acquiring new items, and upgrading or improving homes, vehicles, and other belongings.
The strongest deterrent against FSP compliance missteps is or should be: