The impact of an unforeseen event can have a serious effect on a client’s fixed expenses as well as the ability to carry on supplying goods and/or services to customers. Business interruption insurance exists to help a business get back on its feet after an unforeseen event. It’s a crucial survival tactic and should be […]
Is your data secure? Do you have a secure and safe backup of your business? Many small businesses don’t believe that cybersecurity is important to their business but this is not true. Many cyber criminals target small business because of the limited to no security they have and because they can then have access to […]
Article provided by Santam General good housekeeping is everyone’s responsibility, whether it’s at your factory, office or business premises. It’s important that as a client you are aware that managing risk and safety in the workplace will help avoid injury, liability claims and business interruption. We’ve encouraged our brokers to continue to engage with clients […]
Article provided by MiWay Goods in transit refers to merchandise and other types of inventory that have left the “shipping dock” (or premises) of the seller, but not yet reached the “receiving dock” (or premises) of the buyer. If you are in the panel beating industry, for example, this would refer to the parts or equipment […]
Article provided by Accountability BusinessDictionary.com defines risk mitigation as “a systematic reduction in the extent of exposure to a risk and/or the likelihood of its occurrence.” People are innately risk-adverse. The current economic climate, however, is forcing businesses to take more and more risks in order to thrive. Taking risks in one way or another creates […]
Cybercrime is ranked globally as the second most perpetrated economic crime. South Africa is a hotspot for cybercrime with 29% of the respondents to the Global Economic Crime and Fraud Survey 2018 by PWC responding that they had experienced cybercrime in the past two years.
Article provided by MiWay In recent weeks, the looting of trucks has caused chaos across the country. A recent incident, over the Freedom Day / Workers’ Day long weekend, saw more than 30 trucks destroyed or damaged – an estimated loss of R250 million. In the video below, watch how nimble thieves execute a pineapple […]
