Corporate Governance within Financial Service Companies

danny joffe

For some time now we have long been hearing about the necessity for proper corporate governance within large companies, following some very high-profile collapses of company structures due to reckless and negligent trading by the board and senior management of such companies. Shareholders and policyholders (where the company is a financial service company) can lose […]

Emerging Cyber Security Risks and the liabilities associated with same

danny joffe

Cyber-related security risks have become the more serious risks almost all companies face today, specifically companies who rely on technology or their client base and client data to run their businesses.  A cyber-attack is when the computer information technology system of a company or individual is exposed and an attacker manages to steal, erase, or […]

Digital Transformation in the Covid Era

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In March 2020, the World Health Organization (WHO) declared the coronavirus disease 2019 a global health pandemic. Over the past two years, the disease, commonly known as covid -19 has spread worldwide, and countries have responded differently to the threat of the pandemic. The most common response (though at different degrees) has been the concept […]

Getting to Grips with Contractual verses Delictual Liability

Danny Joffe

To get to grips with liability insurance you need a clear understanding of the difference between contractual liability and delictual liability. These legal terms for specific liability are also relevant to understanding the cover offered on insurance policies. Before I explain why, I will share the practical impact of these terms. Negligent loss or damageDelictual […]

New Insurance Act Exemplifies Actuarial Role

Raiza Sibongile Mtamira

The Insurance Act, No 38 of 2021, is set to repeal the Insurance Act No 27 of 1997 once the Minister of Finance and National Planning passes a Statutory Instrument for its commencement. The Pensions and Insurance Authority (PIA) has hailed the Act as much anticipated and progressive for the industry. This article zooms in […]

Insurance Solutions to Small and Medium Enterprises

Herfty Muzyamba

One of the distinct developments under the ‘New Dawn’s government is creating the Ministry for Small and Medium Enterprises (SMEs). The ministry seeks to drive the growth of the SME sector in Zambia. This move suggests that the government is cognisant of the critical role SMEs play. Its role through policy formulation is thus fundamental […]