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With the festive season fast approaching, South African businesses operating in the hospitality industry need to ensure that all precautions that can reasonably be expected of the business are taken, not only to protect their customers - especially in the event of alleged liability cases due to negligence - but also to safeguard themselves financially ahead of the busy period.
The storms and hail that have swept across Gauteng leaving a swathe of destruction in their wake since Monday has seen Standard Insurance Limited registering nearly 1 500 claims for damage to cars, buildings and homes.
As society becomes hyper connected, the growing number of devices and people operating those devices pose a greater security risk than ever to both the public and private sectors.
With a 23% year-on-year increase in card skimming fraud[2] from R366 million to R453 million recorded last year, according to the Hawks, it is becoming increasingly important for both consumers and establishments to be vigilant about this type of fraud, especially during the busy festive season. Due to each case being different, determining who is responsible for the loss can be challenging.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?