Strengths of women unfold when working in partnership and collaboration
By Sharon Paterson, CEO of Infiniti Insurance Limited Globally women striving to become distinguished leaders, face cultural and systemic obstacles that make it difficult for them to advance, such as unconscious bias. The best way to overcome some of these challenges is to learn from women who have been in the same position and who […]
Using big data to mitigate the risk of climate change in construction insurance
By Jim Connolly, Head of Construction and Engineering at Infiniti Insurance Limited The future of construction insurance globally is being significantly influenced by weather-related risks, necessitating a shift away from conventional building practices to meet and adapt to the evolving weather conditions so as to continue to meet market demands. The rising frequency and severity […]
Backing Business
By Sharon Paterson, CEO at Infiniti Insurance Limited Amid the changing insurance needs of businesses in 2024 and beyond, brokers have a key role to play in helping their clients’ businesses grow. As the insurance landscape changes and becomes more complex in 2024, businesses will need bespoke assistance to understand their risks and identify the […]
Protecting SMEs for success and growth in 2024 and beyond
By Sharon Paterson, CEO at Infiniti Insurance Limited Small and medium-sized enterprises (SMEs) are the backbone of the South African economy, accounting for over 2 million companies and representing over 98% of formal businesses, according to the report from the United Nations’ National Entrepreneurship Strategy. How do small and medium business owners navigate the dynamic […]
The risk survey can assist in mitigating risks in property insurance
By Sharon Paterson, CEO at Infiniti Insurance Limited Due to climate change, the research by Swiss Re, the world’s largest reinsurer, projects that homeowners’ insurance premiums may increase by 5.3% per year through 2040. Climate change may cause wildfire seasons to become longer and more intense, while sea level rise will create flooding challenges along […]
Risky business
By Sharon Paterson, CEO, Infiniti Insurance “It is important for businesses to consider their insurance needs carefully and to purchase the appropriate policies to protect themselves from potential losses.” Businesses are constantly facing risks and uncertainties that can have a significant financial impact on their operations. Insurance is a critical component of business continuity, as […]
Protect yourself against carjacking and robbery during the holidays
By Infiniti Insurance As the festive season has kicked off and everyone is preparing for their holidays, holidaymakers need to take the necessary precautions to ensure their safety on the roads, especially when it comes to hijackings. It is no secret that in recent years, South Africa has experienced an increasing number of hijackings. According […]
Digital tech improves claim management systems and customer experience
By Debbie George, Head of Broker Division at Infiniti Insurance Limited Getting an insurance claim processed can be an extremely frustrating and time-consuming process for both the broker and the client unless the insurer is clear on its communication with the clients and treats each client as a priority. The most common complaints that clients […]
Together we stand
Article by Sharon Paterson, CEO, Infiniti Insurance The world is in turmoil. South Africa no longer holds the monopoly on load shedding, and civil unrest is widespread, fuelled by fast-approaching economic depressions and many natural catastrophes. Climate change, whether in its natural cycle or man-made, has triggered an increase in natural disasters globally. South Africa is […]
Business interruption insurance in times of economic distress
Article by Dustin Dumaresq, Chief Financial Officer, Infiniti Insurance Rising inflation, adverse financial conditions such as persistent high-interest rates and the Russia-Ukraine conflict as well as the heightened geo-political tensions and load shedding have affected South Africa’s economic growth. Fortunately, our economy escaped recession as Stats SA recorded a 0.4% increase in economic activity for the first […]