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Knowledge is power. Having an educated view when it comes to saving and financial planning presents many benefits as it not only prevents households from falling on hard times, but it also allows families to plan into the future towards providing education for their children and aspiring towards a happy, comfortable retirement.
Over the past two years, South Africa has been experiencing a number of changing climatic conditions which has resulted in a significant change in weather patterns. This has seen traditionally mild hailstorms turning into violent storms, which have caused significant damage to vehicles and property.
As the financial services industry grows in age, new generations of policyholders are exposed to more risks than previous generations. With the evolution of the technological age, which has seen the realisation of Marshall McLuhan’s vision of the Global Village, some argue that the current generation of policyholders is exposed to the greatest amount of risks in the industry’s history.
December is usually associated with spending time with family, and enjoying the festivities that the season brings. However, in November 2012, the residents of Saint Francis Bay were in shock as a devastating fire made its way through the holiday town destroying homes.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?