Cyber Threats on the Rise in South Africa: The Critical Need for Cyber Insurance
Author: James Britz
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Cyber Threats on the Rise in South Africa: The Critical Need for Cyber Insurance
In an age where every enterprise has a digital footprint, regardless of its sector or the nature of its business, the cyber-attack threat looms more prominent than ever. According to the South African Banking Risk Information Centre (SABRIC), the incidence of cyber-attacks in South Africa surged by 22% in 2023 alone. Moreover, a study conducted…
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Inside Signature: How Tailored Insurance Solutions Are Changing the Game for High-Net-Worth Professionals
According to the latest Africa Wealth Report published by Henley & Partners, South Africa has become home to the highest number of high-net-worth individuals in Africa, more than double that of any other country on the continent. While still relatively small, these HNWIs currently hold over 40% of the total private wealth in the country.…
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Navigating the Tide of Elections: A Guide for South African Businesses to Secure Insurance
In the vibrant and dynamic landscape of South Africa, elections are a significant event, embodying the democratic spirit of the nation. However, alongside the peaceful exercise of democratic rights, history has sometimes shown that the electoral period can also bring about social unrest. With the next elections scheduled for May 29, it’s an opportune moment…
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Travel Insurance: Winter Holiday Plans and What You Need to Know
As winter approaches, many South Africans are gearing up for their holiday, with plans to embrace the season in our home country or escape the chilly weather by visiting warmer destinations abroad. However, amidst the excitement of planning winter getaways, one crucial aspect often gets overlooked—travel insurance. At RBS, we understand the importance of safeguarding…
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Understanding Professional Indemnity Insurance: A Guide for South African Businesses
In an era where the line between information and advice is increasingly blurred, Professional Indemnity (PI) insurance has become a cornerstone of protection for businesses across the globe, South Africa included. At Risk Benefit Solutions (RBS), we understand companies’ complexities and challenges in today’s fast-paced, legally intricate landscape. This guide aims to demystify PI insurance,…