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Fraud, waste and abuse in the healthcare system

– Discovery making great strides to curb the problem Discovery Health recently reported that they have invested substantially in fighting the scourge of healthcare fraud, waste and abuse. In 2018, Discovery Health’s efforts to curb fraud, waste and abuse in the healthcare system resulted in a substantial R555m recovered on behalf of client schemes. Efforts […]

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Cyber insurance

Cyber insurance – A first priority for SMEs

Late last year, Business Report shared that according to the global Cyber Exposure Index, South Africa currently has the sixth highest average exposure to cybercrime, with businesses in the industrial and financial sectors being the most commonly targeted by cybercrime attacks. Another similar report revealed that around 61 percent of small businesses experienced a cyber-attack […]

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Digital transformation shifts from threat to opportunity

“This is a unique and exciting environment for the insurance industry, as consumers are open to a more interactive relationship with their carriers.” These are the words of Stephen O’Hearn, Global Insurance Leader, Partner, PwC Germany. PwC recently produced its 22nd Annual Global CEO Trends series that specifically focussed on Insurance trends. According to the […]

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Crimes against businesses

– Latest tracker results shows increase Bryte Insurance has recently released its latest crime-tracker report, for the period July to September 2018. The Q3 2018 Bryte Crime Tracker serves as an indicator of long-term crime trends in South Africa as captured by insurance claims for the period from July to September 2018. According to Bryte, the Tracker […]

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