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South Africa’s sole special risks insurance service provider is confident it is more than adequately capitalised to meet rising service delivery related and all other claims, says Cedric Masondo, Managing Director of Sasria.
Cyber crime has grown into a very lucrative industry. In the beginning, criminals were not after much; however, studies now indicate that the global value of cyber crime may reach $ 1,6 billion by 2024.
The financial services industry has been inundated with reports about how technology is going to influence the insurance industry in the future. However, while a lot has been said about this growing influence, very little has been said about the actual impact that this influence will have on the insurance industry.
One of the currently most talked about issues in insurance is cyber crime and the growing threat of technology’s influence on the industry.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?