Insurance news wrap-up for the week ending 23 August 2019

At CN&CO we love to be informed about the insurance industry – with so much happening it can be easy to miss a story! So make sure you get the weekly recap of the main stories from this week that you may have missed.

COVER Magazine

• Exploring the Challenges of Cyber attacks on businesses
  COVER’s Tony van Niekerk chatted with Tamara and got the run-down on the latest tactics of cyber-criminals and spoke about the challenges of these new sophisticated inbound Cyber attacks on businesses and what can be done to protect oneself. Read more
• SAIA welcomes City of Johannesburg’s assembly of 40 new fire engines
  Viviene Pearson, the CEO of SAIA, says that “it is encouraging to see municipalities prioritise fire risks. Uncontrolled fires are not only a hazard to building infrastructure, but also to human and animal life. Read more
• Four reasons why policyholders are choosing the wrong waiting period
  Choosing the right waiting period is arguably one of the most important decisions any customer will make when taking out an Income Protection policy. Unfortunately many South African policyholders are choosing longer waiting periods, and unfortunately, in most cases, this is to their disadvantage. Read more

For more news updates follow Cover on Twitter

FA news

• Structure is the order of the day
  Outcomes based investing is a relatively new approach to wealth preservation. Outcomes based investing not only generates alpha for clients but works in tandem with financial advisers to ensure that the investments are in line with lifestyle and risk changes as well as different investment goals. Read more
  • The National Health Insurance (NHI) has been a hot topic lately, with most questioning the impact the NHI will have on medical schemes, the restrictions being imposed and the sustainability of the whole model. In short, we are all questioning if NHI really is the answer. Read more

For information follow FAnews on Twitter

FIA Week@AGlance

• FIA experience awards highlights videos
  You will find the highlights, winner and partner interview videos, powered by Netstar, from the 2019 FIA Intermediary Experience Awards here. Read more
• Introducing the FIA Board of Directors
  We would like to congratulate the newly elected and reappointed board members of the FIA. The Board composition is diverse in skills and expertise and we look forward to their input and strategic guidance over the next two years. Read more

For information follow FIA on Twitter

News from our partners

• Tools for progress – FIA Insight August 2019 is out
• Fuel station and hazardous risks