Indwe Risk Services (Pty) Ltd is one of South Africa’s largest independent brokers, offering personal, business and specialist risk and insurance advisory services. It manages the insurance claim administration of numerous large listed manufacturers, retailers and prominent conglomerates. No two Indwe clients are alike. Thus, with the collaboration of thryve, it developed Lyme, […]
15
Jun
Jun
Earlier this year, UK financial authorities published their final policy statements for operational resiliency. Though the process started in 2018, events such as the pandemic and escalating cyberattacks greatly influenced these policies. Even though organisations and financial systems have been able to get through such rough patches, it was not because they are supremely […]
Risk Management, Thought Leadership
Interview: Insurance capacity might soon shrink – and customers need to pick up the slack
17
May
May
Mitigating risk through the purchase of insurance is a tried-and-tested method used by organisations. But picture the day when organisations must compete with each other for insurance capacity. This may not be far away. Several different factors in the insurance world are causing capacity to shrink (hence price/premium inflation) and this may create […]
10
May
May
Insurance companies need to prepare themselves: the digital wave has reached the sector’s shores. For more than a decade, incumbent underwriters, brokers and UMAs have noted the potential impact of technology but did pretty little about it. This attitude has created a gap for a fledgeling insurtech market to develop. Insurtech seems small, […]
10
May
May
This article is part one of a series unpacking the five Call To Actions in IRMSA’s 2021 Risk Report. To learn more about the five CTAs and the report, please read this blog from thryve’s Managing Director. Integrating strategy, risk and resilience is not a new concept. Forward-looking risk experts have for years noted the […]
10
May
May
This article is part one of a series unpacking the five Call To Actions in IRMSA’s 2021 Risk Report. To learn more about the five CTAs and the report, please read this blog from thryve’s Managing Director. Achievements and progress alone don’t define a society. A civilisation is also rated by how well it can […]
10
May
May
This article is part one of a series unpacking the five Call To Actions in IRMSA’s 2021 Risk Report. To learn more about the five CTAs and the report, please read this blog from thryve’s Managing Director. The world is flat. A few centuries ago, it would take a letter several months to reach its […]
10
May
May
This article is part one of a series unpacking the five Call To Actions in IRMSA’s 2021 Risk Report. To learn more about the five CTAs and the report, please read this blog from thryve’s Managing Director. As the fourth Call To Action in IRMSA’s 2021 Risk Report notes, all the risk management excellence in […]
10
May
May
This article is part one of a series unpacking the five Call To Actions in IRMSA’s 2021 Risk Report. To learn more about the five CTAs and the report, please read this blog from thryve’s Managing Director. Risk management roles are currently undergoing a transformation, moving from a reactive support role to a […]
20
Apr
Apr
Risk management is about spotting opportunities and enabling executives to act on them. These can be positive or negative – the point of risk management exercises is to identify those elements that should concern decision-makers. It’s about understanding the likelihood of success, ensuring the goals and objectives at hand are the right ones. To reach […]
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