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LSG Insurance

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Category Archives: News

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Cyber Risk – Some Tips

LSG Insurance Posted on August 27, 2020 by simonAugust 27, 2020

Research suggests that digital financial fraud may see a surge of up to 80% this year. Just in the last week, we were exposed to various incidents, with the Experian South Africa data breach being the latest. Although organizations are … Continue reading →

Risk Management and COVID-19

LSG Insurance Posted on August 24, 2020 by simonAugust 24, 2020

The risk management process starts with establishing the context of an organisation, followed by the identification, analysis and evaluation of risks. The next step requires that risks are treated effectively to ensure they are within the organisations risk tolerance or … Continue reading →

Working From Home – How do you claim for your home office expenses?

LSG Insurance Posted on August 20, 2020 by simonAugust 20, 2020

The COVID-19 pandemic has necessitated many employees to work remotely from their homes during the lockdown period. This in turn has meant that employees had to ensure that a space, or part of their home, was set up in such … Continue reading →

General Liability and Covid-19:

LSG Insurance Posted on August 3, 2020 by simonAugust 3, 2020

What’s new, how will things change? We are in the midst of an era of uncertain times and with uncertainty, comes many unknowns. During this time, businesses confront ambiguity and change on a daily basis, making it difficult to predict … Continue reading →

What Directors and Officers Insurance offers..

LSG Insurance Posted on July 31, 2020 by simonJuly 31, 2020

The Coronavirus has raised countless commercial risks which impact on business operations due to the lock down. During this time, there are a lot of responsibilities facing directors and officers. Click here to learn more about what D&O insurance covers. … Continue reading →

Covid-19, Business Interruption and Physical Damage

LSG Insurance Posted on July 20, 2020 by simonJuly 20, 2020

In South Africa and the United Kingdom, coronavirus coverage disputes are centering around the interpretation of various non-damage extensions provided under the policy’s business interruption section. In North America, both in Canada and the United States, the focus has been … Continue reading →

Directors & Officers Insurance likely to be tested..

LSG Insurance Posted on July 15, 2020 by simonJuly 15, 2020

A significant number of Directors and Officers (D&O) claims result from liquidations, companies being in financial distress, or companies being placed in business rescue. The economic fallout following the COVID-19 pandemic, combined with the impact on business operations due to … Continue reading →

Unpacking the FSCA’s mandate as a conduct regulator.

LSG Insurance Posted on July 6, 2020 by simonJuly 8, 2020

South Africa is known globally for having an efficiently run, well-regulated and stable financial services industry. And the enterprise tasked with regulating this robust sector, the Financial Services Board (FSB), was largely successful – which begs the question: why change … Continue reading →

Revised Covid-19 Direction on Health & Safety in the Workplace

LSG Insurance Posted on June 29, 2020 by simonJune 29, 2020

The Minister of Employment and Labour has issued a revised Covid-19 Direction on Health & Safety in the Workplace. The Direction applies to all workplaces except mines, ships, boats or cranes and any other workplace which is regulated by a … Continue reading →

Amended Covid-19 precautionary measures for intermediaries.

LSG Insurance Posted on June 18, 2020 by simonJune 18, 2020

Joint Communication 7 of 2020 – Amended COVID-19 precautionary measures for intermediaries The Joint Directive issued by the Authorities on 9 April 2020 under Alert Level 5 was withdrawn and replaced with Joint Communication 7, which sets out how financial … Continue reading →

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