Risk lessons learned from the Knysna fires
It’s been three months since the Knysna fires gutted 600 homes, displaced more than 10 000 people and tallied insured damages in excess of R4billion. The aftermath has delivered some very hard lessons in managing risk, not least of which are the importance of professional, qualified advice and the need to review and update insurance covers at least once a year, or more frequently if there is a material change to your insured risks.