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The issue of freight hijackings is not only a concern for the insurance industry, but a challenge that has also incited a loss for large businesses as well as the Small Medium Enterprises (SME) sector in South Africa. This has subsequently contributed to a R 3 billion loss to the country’s economy, according to Wayne Rautenbach, General Manager for Regent Commercial Vehicles.
Household incomes are being stretched for most South Africans, as the economy adjusts to our changing environment. To help your members on their journey towards financial well-being Gari Dombo, managing director of Alexander Forbes Insurance, shares insight into making sure they only pay for the insurance cover they need.
According to a report released by social media agency We Are Social, the number of active social media accounts in South Africa grew by 20% to 11.8 million in 2015. With a growing number of people active on social media, it is becoming increasingly important that businesses realise social media can be used to their advantage when it comes to potential product liability claims.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?