Latest News

Mon, 11 Dec 2017 10:10:40 -0600

Ayanda Nondwana, senior associate Hogan Lovells (South Africa) Just in time before the holidays, the Supreme Court of Appeal (SCA) again highlighted the dangers of conflating or confusing the elements of delict with each other.

Mon, 11 Dec 2017 09:27:45 -0600

Police Minister Fikile Mbalula has expressed his satisfaction with work done by police officers with regards to the safer festive season campaign. The campaign has seen highly visible, multi-disciplinary law enforcement teams deployed to conduct regular vehicle and foot patrols, roadblocks, cordon and search operations and the tracing of wanted suspects.

Mon, 11 Dec 2017 08:47:50 -0600

The Motor Vehicle Security Association of South Africa (VESA) already enjoys the support of SAIA and many short-term insurers and are working to build upon that. Foundations already laid show good progress and are getting good traction.

Fri, 08 Dec 2017 14:47:27 -0600

By David Waterworth Technical Specialist: Engineering | Specialty Old Mutual Insure At the recent inaugural South African Association of Engineering Insurers (SAAEI) Annual Conference, one of the presentations focused on the various Conditions of Contract/Contract Agreements commonly used in the Construction/Building industry, the need to understand the insurance clauses contained in each of them, and how this would impact on the cover under the Construction Risks Policy.

Fri, 08 Dec 2017 14:40:14 -0600

The November and December 2017 Associated Compliance Newsletter has been published in the Insurance Gateway Knowledge Base. With a compliance flavour, these newsletters provide a comprehensive overview of happenings within the overall regulatory environment for FSPs, and are a must read for FSP executives who need to keep their finger on the compliance pulse.

Fri, 08 Dec 2017 13:49:35 -0600

By Sven Jacobs (DE) Norton Rose Fulbright The Advocate General to the Court of Justice of the European Union (CJEU) Yves Bot caused a sensation with his unexpected opinion concerning the admissibility of social media fanpages under EU data protection law.

Fri, 08 Dec 2017 13:35:15 -0600

by Dr Tarryn Bannister, Legal Researcher, Moonstone Compliance and Risk Management The FSB Insurance Divisions recent Seminar focused on planned conduct of business regulatory and supervisory developments in the insurance sector.

Thu, 07 Dec 2017 12:22:34 -0600

Cooperative Governance and Traditional Affairs Minister Des van Rooyen says his department has used this year to strengthen its partnerships in order to reduce the impact of disasters. In 2017, the country experienced a number of disaster incidents including drought, the Knysna fires, tropical cyclone Dineo and the Ugu Oil spillage, to name just a few.

Thu, 07 Dec 2017 12:19:04 -0600

By The Insurance Crime Bureau In Project Ghost (aka Mr Beukes), probably our longest running project, we have finally been able to achieve a guilty verdict and sentence. In summary Mr Beukes was charged with 93 counts of fraud, ranging over the years 2005 to 2012.

Thu, 07 Dec 2017 08:46:53 -0600

Patrick Bracher, Director Norton Rose Fulbright South Africa Inc. It has been reported (Law360) that the International Association of Insurance Supervisors has urged governments to make sure that insurers selling basic cover to the worlds poorest communities keep their products simple to prevent misselling and to avoid excessive costs.

   

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

Risk Therapy Articles
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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?
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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...
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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?