Latest News

Mon, 03 Sep 2018 10:58:02 -0500

Climate change is impacting ice hazards for shipping, freeing up new trade routes in some areas, while increasing the risk of ice in others. More information on the Safety and Shipping Review 2018. There was another milestone for Arctic shipping in early 2018 when a specially-designed LNG tanker became the first commercial ship to travel the Northern Sea Route in winter and without the assistance of an ice breaker.

Mon, 03 Sep 2018 10:35:15 -0500

Sandra Sithole, Director Norton Rose Fulbright South Africa Inc. A US appeals court in August 2018 found that an insurer does not have to indemnify its insured for damage to a warehouse by tenants who converted it into a marijuana growing operation, finding that an exclusion in the policy for losses resulting from criminal acts precluded cover.

Fri, 31 Aug 2018 14:19:26 -0500

The August 2018 Associated Compliance Newsletter has been published in the Insurance Gateway Knowledge Base. The compliance landscape has become increasingly time consuming and complex to navigate. It will therefore be well worth your time to read the latest edition of the Associated Compliance newsletter, which offers you an overview and opinions of the latest and most prevalent happenings within the regulatory environment.

Fri, 31 Aug 2018 13:38:26 -0500

Johannesburg: In its latest infographic on The importance of financial education in promoting financial inclusion, the Belgium based Global Federation of Insurance Associations (GFIA) commended the South African Insurance Association (SAIA)s long-standing consumer education programme, as the best practice initiative in Africa and among the top 5 globally.

Fri, 31 Aug 2018 13:32:56 -0500

In response to a recent enquiry from a candidate, it is important to highlight the absolute necessity to ensure that you take into account the qualifying criteria when preparing for the regulatory exams.

Fri, 31 Aug 2018 13:22:35 -0500

The Financial Advisory and Intermediary Services (FAIS) Act, the General Code of Conduct, the Financial Intelligence Centre Act (FICA), Treating Customers Fairly (TCF), the Protection of Personal Information Act (POPI), the Retail Distribution Review (RDR) and Fit and Proper requirements are just some of the standards and requirements in the financial services industry.

Thu, 30 Aug 2018 12:47:41 -0500

Johannesburg: Everything you need to know about non-life insurance in South Africa, a 420 page overview of the South African non-life (short-term) insurance industry was launched at the Insurance Conference 2018 held at Sun City from 29-31 July 2018.

Thu, 30 Aug 2018 09:53:59 -0500

The financial sector has four months left in which to shore up ownership and empowerment financing scores for 2018 against the targets of the Amended Financial Sector Code (FSC) by making use of the new alternative option of channelling funding to black owned enterprises in line with the FSCs Black Business Growth Funding (BBGF) provisions.

Thu, 30 Aug 2018 09:00:59 -0500

Dr. David Hillson, The Risk Doctor Partnership As we manage individual project risks, they pass through a lifecycle which can be described using a set of status values. These can help us to understand where each risk is in its lifecycle, so that we can determine what we should do next.

Wed, 29 Aug 2018 13:56:48 -0500

Aneesa Bodiat, Head of Legal Natmed Medical Defence (Pty) Ltd The number of medical malpractice claims in South Africa is rising at an alarming rate, and along with this trend is the potential increase in the practice of defensive medicine.

   

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
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?