By Harry Kellerman and Richard Hood Commercial Business Insurance products are evolving, with specialist products which used to be underwritten on a stand-alone basis such as Cyber Liability, Directors and Officers, Contractors All Works, Machinery Breakdown now being included in general Business insurance offerings, as an...

Risk management is perceived by most people as simply buying insurance. As a result, many companies take out insurance assuming they will be protected from all the risks that they face. As Covid-19 has demonstrated, this approach is a rapidly eroding model that doesn’t take...

You've heard a lot about the increasing cyber threat and have considered insurance, but what exactly does it all mean. #TeamApio unpacks some of the terminologies here and measures to take to protect yourself. Identity theft Criminals can steal your identity by obtaining information about you so...

Liability Insurance Overview Litigation is a fact of life in South African business. The tough management decisions critical to success in a competitive business environment also carry the risk of unlimited financial liability for both the company and its directors and officers. Companies active in mergers, acquisitions...

Eskom occasionally implements power cuts across the country as a strategy to ease pressure on the supply of electricity. As the country is plunged into darkness, individuals and companies become anxious about the disruptions and the consequent loss or damage to property that may occur. Apio's...

With the evolution of digital technologies, insurance brokers are finding new ways to optimise processes, reduce costs and most importantly connect with their customers without detracting from their role of providing risk and insurance related solutions. Face-to-face interaction has been the de-facto way for insurance brokers...

Article courtesy of by Webber Wentzel Government has announced the implementation of a risk-adjusted strategy in easing the nationwide lockdown.   This strategy entails the use of a system of alert levels applicable nationally and provincially. The alert levels are as follows: Nationally, on 1 May 2020, South...

Although the Corona Virus has been well publicised since the beginning of the year, the real effects to the economy and business have only become apparent since Presidents Ramaphosa’s speech on Sunday evening declaring a National State of Disaster.  South Africa has seen an unprecedented...

Cyber attacks on companies are far more common than you’d imagine – and can expose companies to significant reputational and financial harm. Apio director Richard Hood offers some advice on mitigating the likelihood through robust risk management and the appropriate cover. Cyber risk is rapidly becoming...

Event insurance is a must for anyone planning an event that the public will pay to attend, says Apio’s Caron Whitfield. When global star Sam Smith recently had to cancel his Cape Town concerts due to vocal strain, the first thing mentioned was how to get...