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SAFIRE CEO'S TAKE ON INSURANCE MARKETS
Safire CEO Pierre Bekker is currently featured in SA Forestry magazine discussing the current state of the insurance industry, how the insurance market changed after the COVID pandemic, the impact of global climate change, and so-called 'zombie insurers'.
NOTEWORTHY NEWS IN NUMBERS
193%:
increase in investment scams in the UK over the past five years. Accurate local figures are not available, but here are some tips to stay safe...
5:
number of SA-born Michelin-star chefs, as Hylton James Espey, chef-owner of Culture in Cornwall, received this much-coveted award in March 2023.
R2.2bn:
the annual cost of cybercrime in South Africa, with our country the eighth most-targeted country for ransomware on the African continent.
ARE YOU REALLY TALKING TO THE BOSS?
CEO/BEC (business email compromise) fraud occurs when an employee authorised to make payments is tricked into paying a fake invoice or making an unauthorised transfer from a business account. Cybercriminals use sophisticated methods of deception including audio files as well as emails to be totally convincing... |
IS IT TIME TO REASSESS YOUR INSURANCE COVER?
There are certain events or occasions in your life that make it wise to reassess your insurance cover to determine if it is still appropriate for your circumstances. Not only will you ensure that everything you care about is adequately protected, you may be able to adjust, streamline and consolidate your policies to save you money. |
THEFT ALERT: HAS YOUR HEADLIGHT BEEN DAMAGED?
Damage to his vehicle’s headlight irritated a cybersecurity researcher and automotive engineering consultant but when his RAV4 was stolen a few days later, it led to him discovering a completely new method of car theft. With the new method, thieves break open a headlamp and splice their way into the headlight wiring to use its connection to send messages, enabling them to manipulate other devices to open the vehicle. |
A ONE-OF-A-KIND DOG!
Copper cable theft is a nationwide scourge. The city of Cape Town lost around R2.5 million to metal theft in the fourth quarter of 2022, and if unaccounted-for stolen scrap is factored in, the true cost could be up to three times higher. But Jackson from the Cape Town K9 unit, a seven-year-old crossbreed, is cracking down on these criminals as he can detect copper wire hidden beneath other metals or buried in shallow ground. |
The Insurer newsletter and the content of any article published herein, should not be construed as forming part of any insurance contract or policy nor as constituting any form of advice. It is aimed at providing an informal and informative read to the readers thereof. Whilst every effort is taken to attempt to ensure the accuracy and correctness of the information contained herein, Safire Insurance Company Limited does not give any assurance regarding such accuracy or correctness and accordingly does not accept any liability whatsoever for any loss or damage, whether direct, indirect or consequential, arising from any reliance placed in the information contained herein.
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