What would you do if your entire factory burnt down? Or if cybercriminals corrupted your IT systems beyond repair? And what if your company got sued for three times its annual turnover? These are the sorts of questions brokers should be asking their clients when setting the levels of cover required in commercial policies. [...]
Guilty until proven Innocent Your status when it comes to being liable for polluting the environment Being held guilty is a complete turnaround to the presumption of innocence until proven otherwise, and enough to turn your business world upside down when it comes to gradual or sudden environmental pollution. At Econorisk's August [...]
Welcome to B-Sure Econorisk is powering up its growth plan! We are very excited and pleased to introduce B-Sure into the Econorisk fold! "This addition to our business is part of our Broker Partner strategy, and is a key pillar of our growth plan,” says Chairman, Matthew van den [...]
Celebrating the spirit of Madiba Social Investment means far more than funding to Econorisk While financial support is much needed and well deserved, there’s an inherent commitment and passion that makes our team’s community involvement come to life. We aim to make a difference with our continued support [...]
Business chat on Hot FM - Talking Risky Business for SMME's
Risky Business in a hard market Almost everything worth doing is risky! Risk-taking can be good for small business growth - but risky environments or unforeseen incidents can also bring a business to its knees. Think listeria and product recalls, think construction disasters, burning trucks during protests, and just recently - cyber [...]
Risk alert in this hard market cycle In what was one of the costliest years for both insured and uninsured losses, 2017 racked up a total of US$135bn, as estimated by global risk management company, Munich Re. “There are some prevailing themes evolving in the short-term insurance space - some of these [...]
Forecasting with the experts Econorisk partnered with wealth management specialists, Citadel in Johannesburg to host the April #RiskSeries. Politico-economic trend analyst, JP Landman and Citadel's Head of Fund Research and Portfolio Manager, Yolanda Naudé considered the threats and opportunities facing global and local economies, as well as taking a look at financial [...]
An Eye on Professional Indemnity Indemnity (PI) insurance can be like playing Russian roulette. South Africa has become a highly litigious society - and the real smoking gun is the increase in legal defence costs. There was a sense of irony at the June Risk Series breakfast meeting last [...]
Amalgamation of Bernard Fagri Insurance Consultants with Econorisk We are proud to announce the amalgamation of Bernard Fagri Insurance Consultants (Pty) Ltd (BFIC) into Econorisk (Pty) Ltd (Econorisk). In consultation with the principal shareholders of both BFIC and Econorisk, it has been agreed to consolidate the businesses under the Econorisk brand. Due [...]
