Latest News

Fri, 17 Jan 2020 08:22:25 -0600

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries Cyber incidents have become more damaging and expensive for companies and often result in lawsuits and litigation after the event Business interruption ranks second, but remains a key challenge with digitalization and civil unrest creating new causes of disruption and loss of income Climate change rises to its highest-ever position companies are most concerned about physical losses from extreme weather events but also fear consumer criticism and increasing regulatory and legal action.

Tue, 07 Jan 2020 10:27:59 -0600

Insurance software provider Genasys Technologies was selected as the technology platform provider for SafeHomes, a new technology-driven homeowners insurance solution. SafeHomes, by GENRIC Insurance, is backed by technology that enables brokers to meet the evolving demands of their clients in a world increasingly reliant on the Internet of Things (IoT).

Wed, 18 Dec 2019 08:01:27 -0600

Coface launches its new portal for brokers, offering a new experience to its partners in the development of their business around the world. Available in 42 of the countries covered by the Coface group, the Broker Portal is a digital platform for Cofaces brokers.

Thu, 12 Dec 2019 08:09:15 -0600

A claim for indemnification under a liability insurance contract only arises when liability to a third party for a certain amount has been established. For purposes of prescription, the debt becomes due when the insured is under legal liability to pay a fixed and determined sum of money.

Thu, 12 Dec 2019 08:03:47 -0600

The South African Insurance Association (SAIA) urges all property and household contents owners to exercise all precautions in an effort to mitigate the risks associated with load shedding and power cuts.

Wed, 11 Dec 2019 08:11:51 -0600

The South African Insurance Association (SAIA) would like to announce the resignation of its General Manager: Insurance Risks, Mr Nico Esterhuizen who will be leaving the association at the end of December 2019.

Tue, 10 Dec 2019 08:17:52 -0600

The range of exposures facing directors and officers (D Os) as well as subsequent claims scenarios have increased significantly in recent years in the midst of a prolonged soft market. With corporate management increasingly under the spotlight, how will the 2020 D O insurance market impact risk managers, their D Os and their broker partners.

Mon, 09 Dec 2019 08:21:26 -0600

Road safety has become a global issue that ranks as one of the most pressing matters facing society today. The United Nations Global Road Safety Strategy, which was released early 2019, estimated that globally, nearly 1.

Thu, 05 Dec 2019 08:28:04 -0600

Bad news events, impact of climate change, bankruptcies and political challenges have increasing risk implications for directors and officers (D Os) Growth of securities class actions and third party funding globally means litigation against companies and their D Os is on the rise.

Wed, 04 Dec 2019 08:30:40 -0600

The South African Insurance Association (SAIA) encourages consumers to consider taking extra care in protecting their identity this festive season. Criminal activity tends to increase considerably over the holiday season.

   
Risk Therapy Articles
Risk Therapy 109 - RISK MANAGEMENT 20102010-07-07
So you have a small business or an idea for one - where do you start and what must you have to keep the business thriving?
RISK THERAPY 108 - GODS DON’T WHINE, OR BEG.2010-05-31
Attitudes affect everything that we do, don’t do, or don’t do as well as we could. Success in activities as diverse as parenting, world cup events, business, even risk management is determined by our attitude. Sometimes we need a little push, guidance, education or support to motivate us. Our business leaders, legislators and regulators are providing the spur, so how are we going to respond?
RISK THERAPY 107 - CHIEF RISK REWARD OFFICER - WHAT’S IN A NAME?2010-04-06
In business we all need to make a profit in a sustainable manner, to verify that the contribution we make in our chosen arena has validity. Doing it right the first time reduces costs, adds to the sense of legitimacy and promotes an air of satisfaction within the operation.
RISK THERAPY 106 - RISK IS PERSONAL2010-02-20
In business we all need to make a profit in a sustainable manner, to verify that the contribution we make in our choWe are destined to promote our immediate personal interests to the best of our abilities. Have you dwelt on what the best way to achieve this? There are many solutions of course.sen arena has validity. Doing it right the first time reduces costs, adds to the sense of legitimacy and promotes an air of satisfaction within the operation. It’s good for team morale and serves as a...
Risk Therapy 105 - RISK MANAGEMENT 2010 – COMPLY OR EXPLAIN2009-12-16
In 2010, all business owners in South Africa will be given a choice within the new Companies Act legislation and King III Commission guidelines, to ‘comply or explain’ their position on formal Risk Management processes. Similar legislation is being or has been enacted in many parts of the world; yet another global phenomenon. So far so good, but what are the issues?In 2010, all business owners in South Africa will be given a choice within the new Companies Act legislation and King III...
MINI RISK HEALTH CHECK (MRHC) ©2009-10-14
When finishing a demonstration of the MRHC system, we’re often told that it’s too cheap, but then we are wholesalers aiming for repeat volume sales Just because something is useful it doesn’t have to be a rip-off!
Risk Therapy 1042008-07-02
Article 104 is a (present) reality-check, which includes a review of (past) habitual responses and preferred (future) choices. It reaffirms what you already know, that you can make changes today, rather than just manage the changes that happen to you, that originate elsewhere.
Risk Therapy 1032008-07-02
In the article Risk Therapy 101, we explored the reasons why Risk Management is seen as a business imperative by CEO’s and yet it rarely translates to effective activity within many operations. In Risk Therapy 102 we consider ways to address the gap. Risk Therapy 103 is about motivation; why bother, really?
Risk Therapy 1022008-07-02
In the article Risk Therapy 101, we explored the reasons why Risk Management is seen as a business imperative in higher circles and yet it rarely translates to effective activity within many operations. In Risk Therapy 102 we consider ways to address the gap.
Risk Therapy 1012008-07-02
Ironically, we practice Risk Management in our daily lives, although this is mostly informal and often unconscious. So what are the stumbling blocks to extend such formal practices to the work environment?
   

Paul Brightman - Alternative Risksmiths and Traders (Pty) Ltd. Short name - ART.
Cell : +2783 708 3634 Work : +2711 646 2777
11, Taylor Rd, Greenside, Johannesburg. Code: 2193.
paulb@artrisk.co.za & artptyltd@outlook.com