Demand for cyber insurance expected to surge as global cybercrime losses soar
Ryan van de Coolwijk, the head of cyber insurance at iTOO Special Risks, highlights the increasing adoption of cyber insurance among South African companies.
Industry News
Discovery to engage with regulator following misleading advert ruling
Discovery Health Medical Scheme defends the term ‘comprehensive’, asserting its widespread and accepted usage throughout the medical schemes industry.
Another FSP targeted in an impersonation scam on social media
The FSCA says it is investigating various entities because of concerns that they may be offering unauthorised investments.
New investment up-cycle: risk-on strategies to last to the end of 2024
The behaviour of the US equity market over the next quarter or so will baffle many investors and financial advisers, as it will appear to be disconnected from the US economy.
Urgent need to close regulatory gaps in over-the-counter markets, says FSCA
National Treasury will introduce the COFI Bill ‘very soon’ and amend the Financial Markets Act to tighten regulation of the country’s financial markets.
Regulator finds ‘comprehensive chronic cover’ advert misleading
The former chief executive of Massmart and Edcon filed a complaint with the Advertising Regulatory Board against Discovery Health Medical Scheme.
FSP ordered to compensate client for R3.1m following cybercrime loss
A recent High Court ruling underscores the fiduciary duties of financial services providers in the context of escalating digital threats.
Why insurance matters as South Africans flock to shops and online deals
The excitement of scoring great Black Friday deals is accompanied by a crucial reminder: the importance of insurance to safeguard purchases from unforeseen mishaps.
Strategic partnership to ‘fill missing piece of the puzzle’ in liability insurance
The collaboration aims to empower Old Mutual Insure to broaden its footprint and provide specialised liability coverage throughout the African continent.
Supreme Court upholds King Price’s appeal against motor vehicle claim
The SCA finds the policyholder failed to produce evidence to support his pleaded claim for damages based on the vehicle’s market value.
Don’t simply assume your policy covers you for hail damage
Steps the insured can take to enhance the likelihood of a successful claim.
Volatility results in decline in CIS assets under management in the third quarter
But AUM grew by 11% when measured over the 12 months to the end of September.
South Africa undertakes to implement Crypto-asset Reporting Framework
As global jurisdictions, including South Africa, gear up to implement the Crypto-Asset Reporting Framework by 2027, a new era of tax compliance and intensified efforts to combat crypto-related tax evasion is on the horizon.
Lara Warburton clinches top honour as FPI Financial Planner of the Year
Video interview: Lara Warburton, the managing director of Integral Wealth Management, shares why she entered the Financial Planner of the Year competition and what has stood out for her at this year’s FPI Professional’s Convention.
Looking back at this year’s FPI Professional’s Convention
Video interview: Kirsty Scully, the chairperson of the FPI, and Lelané Bezuidenhout, the chief executive of the FPI, on the key take-aways from the Financial Planning Institute’s two-day convention.
Unlock the potential of AI in cybersecurity: webinar on the importance of reducing human cyber risk
Join Moonstone Business School of Excellence for an eye-opening webinar that will transform the way you think about digital defence in the financial industry.
DAY 2 LIVE from the 2023 FPI Professional’s Convention
The second and final day (15 November) of the 2023 FPI Professional’s Convention just got underway at the Sandton Convention Centre and online.
