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Runaway fires like the recent one on the slopes of Table Mountain and Signal Hill often wreak havoc and can have crippling financial ramifications. Fire damage to residential and commercial estates is proving an increased risk for property owners and insurers alike. Body corporates and trustees should ensure their estates’ insurance is adequate against fire risk.
Increasing incidences where executives and directors of businesses are being held personally liable for their role in suspected mismanagement or gross negligent decision making have escalated the importance of Directors and Officers Liability short-term insurance.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?