Following the looting and unrest in Durban in July 2021, Sasria will increase their premiums substantially as of February 1st 2022.
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The pandemic hit and your business was forced to adapt instantly to a remote work environment. You couldn’t have predicted the increased risk of cybercrime, and therefore, couldn’t have had cybersecurity education or infrastructure in place.
Imagine for a second that as an insurance broker, you didn’t have to wade through the hard market, volatile post-pandemic environment, and potential fourth wave on the horizon.
South Africa’s volatile economic and societal climate over the past years, and particularly over the past few months, has had a major effect on how businesses operate.
The cost of insurance is always changing, much to the frustration of customers (both businesses and individuals). This is because insurance moves in cycles, fluctuating between a ‘soft market’ and a ‘hard market.’ Over the last few years, we’ve entered a hard insurance market, meaning that insurers are paying out a large number of claims with less money coming in.
Running a business comes with inherent risks. As a business owner, you assume responsibility for the well-being of a number of people, from employees to customers. And if things go wrong, it’s crucial that your assets, both business and personal, are protected. Business insurance is one of the best ways to do this.
You’ve probably heard about Warren Buffett, undoubtedly the most accomplished investor in the world. But what many don’t know is that he’s a fierce advocate for self-improvement, with a treasure trove of advice to better our businesses and our lives.
Would you believe us if we told you that with Insurance Premium Financing, you can have your cake and eat it too?
Insurance brokers are so much more than just sales people. They’re responsible for managing all sorts of people, solving their problems, and tailoring solutions to make them happy. Customers need to be handled with care, and skilled insurance brokers know how to give each unique one the support they need.