Building a business is one of the hardest–and most rewarding–things any entrepreneur can do. Having invested so much time and human capital, it would only be prudent to protect what you have built.
Businesses are exposed to many risks, from the traditional fire and natural perils related events, motor losses, to legal liabilty for loss of or physical damage to tangible property and/ or death, bodily injury, mental injury, illness or disease of or to any person; it is imperative that businesses take out the correct insurance product to protect themselves against these types of risks. Further to this, businesses also run the risk of potential accidental injuries or death of employee(s).
With respect to Health & Safety of employees, the common law right to hold the employer liable was removed by the Compensation for Occupational Injuries and Diseases Act, No 130 of 1993 (COIDA). This provides for compensation for disablement caused by occupational injuries or diseases sustained or contracted by employees in the course of their employment, or for death resulting from such injuries or diseases.
Denne historien er fra April 2020-utgaven av Leadership.
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Denne historien er fra April 2020-utgaven av Leadership.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Bright Minds, Bright Future
For the economy to grow, businesses need graduates whose skills match their needs. Producing these graduates is the core focus of Stefan Ferreira, CEO of the Richfield Graduate Institute of Technology.
Safety In Business
Securing the future is essential
Artificial Intelligence
Is artificial intelligence reinventing insurance? This was the question posed by Bill Hoggarth, national sales manager, Digital Business Solutions at high performing and secure ICT solutions provider, Datacentrix. He was speaking at the recent Robotics, Drones and AI in Insurance Conference, held in Rosebank, Johannesburg. In answer to the question, Hoggarth clarified that no, he did not believe artificial intelligence (AI) was changing the nature of insurance–at least, not on its own. “My view is that AI is not reinventing insurance, but that it is part of the mix of technologies that is causing a shift in insurance today,” he said.
Leading The Future
Leading the modern world requires fast thinking and an impulsive ability to adopt and adapt to the technologically driven era. The way we conduct business today has drastically changed from the way business was conducted ten years ago, failing to integrate innovation and technology could prove fatal to any business.
The Evolution Of The IT Operation
Consistency in delivery is key
Empowering Our Future
More than half (51%) of youth aged 18–24 years claim they do not have the financial means to pay for their tertiary tuition. That is over 1.4 million youths who will never be able to afford to take their education further and thereby increase their opportunities to progress in their careers and lives. This is the sad reality according to the Higher Education and Skills in South Africa report released by Statistics South Africa in March 2019.
Air Traffic Navigation Services: Flying High Into The Future
After an exceptional 2018/2019 financial year, Air Traffic Navigation Services (ATNS) is poised to soar even further, as it builds on an exceptional record and heads into the next phase of its development
Entrepreneurs Hit Hard By Coronavirus
The big challenge
Use The Covid-19 Lockdown To Think Differently
Crowdfunding, delivery of food, hygiene and learning packs, and psychosocial support could #changethestory
Attractive Production Tax Credits
“We wouldn’t do it without the production tax credit we get.” That’s what Warren Buffett said about his holding company Berkshire Hathaway’s US$30 billion investment in wind turbines and infrastructure in the State of Iowa through one of its companies, Berkshire Hathaway Energy (BHE)