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In South Africa, and across much of the continent, business insurance is undervalued. According to a 2023 SME South Africa guide, most small and medium enterprises (SMEs) see insurance as a grudge purchase, an expense to avoid unless absolutely necessary.
In today's evolving digital economy, a quiet revolution is transforming how consumers access insurance protection and how service providers are enhancing customer experience and revenue streams.
There are established markets, and then there are conditions that precede them. Africa’s renewable energy sector finds itself suspended between the two – an area where assets have begun to accumulate, but where the mechanisms for scaled capital reallocation remain embryonic.
The strongest deterrent against FSP compliance missteps is or should be: