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What’s inside… FAnews Magazine June 2021

11 June 2021 | The Stage

The June edition is packed with articles you want to read. We touch on content and issues that are topical and relevant, and ultimately written for you, to empower you. The articles are written by industry experts and FAnews journalists, so if there’s a topic you would want to read more about, or have very specific issues or questions about, please don’t hesitate to raise it with us. Over and above our focus on investments, we’ve touched on many relevant topics, ranging from claims handling, litigation, trusts, broker consultants and POPIA. If you are not one of our 19 100 registered CPD users, you are missing out. To make it easier for you, we have highlighted some articles we believe have good value, and we have marked those you can get your CPD hours on (IISA and FPI). The links will take you directly to the digital copy of the FAnews June 2021 edition.

A decade perfecting behaviour-based insurance

02 June 2021 | Featured Story

If all of South African motorists achieved Gold or Diamond status on Vitality Drive, the country’s road accident statistics would be among the best in the world. This was one of the observations in a white paper published by Discovery Insure to celebrate 10-years of reinventing motor vehicle insurance in South Africa. Since its launch in 2011, the insurer has shown incredible success in applying its behavioural-based insurance model to the domestic motor insurance industry. FAnews would like to take this opportunity to congratulate the brand on its Shared-value Insurance model and razor-like focus on improving driver behaviour. Both initiatives continue to deliver positive outcomes for the insurer, its insured and broader society.

Non-fungible… Sounds like a special instruction for a mushroom pizza!

31 May 2021 | The Stage

The first time you hear the word non-fungible you either dismiss it as a special instruction for a mushroom pizza or go diving for your favourite smart device to Google yet another definition. In the former case, you could easily imagine saying: “One large mushroom pizza to go … and make it non-fungible!”. In the latter you will have a new definition to share with your mates at the next braai. The Merriam-Webster does not carry a standalone definition of non-fungible, but explains fungible as “something, such as money or a commodity, of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account”. So where does non-fungible fit into the works?

D&O cover crucial during tough economic times

31 May 2021 | Straight Talk

The liability risks associated with cyberattack might dominate South Africa’s news headlines; but directors and officers at the country’s small and medium enterprises (SMEs) are just as concerned about the potential for liability claims arising from business rescue; insolvency or various events that result in reputational damage. Simon Colman, Business Head: Digital and Financial Lines at SHA Risk Specialists, says that directors face many tough decisions in navigating their firms through the post-pandemic economic turmoil, not least of which ensuring that adequate liability cover remains in place. He was commenting during an SHA webinar to address some of the critical issues facing directors and officers circa 2021.

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Sense from nonsense: Seeking the illusive truth in motor claims

18 May 2021 | Featured Story

Red tape; like a boa constrictor cuddling up to SA’s SMMEs

17 May 2021 | The Stage

The R3 billion tax question

13 May 2021 | Straight Talk

More questions than answers as dirty power ships drop anchor

Up in smoke… Are we doing enough to mitigate fire risks?

30 April 2021 | The Stage

Anxiety cost your clients R100 million in 2020

29 April 2021 | Featured Story

What’s inside… FAnews Magazine February 2021

15 April 2021 | The Stage

Passive investment megatrend blurs market price discovery

11 April 2021 | The Stage

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