At 2:47 AM, hackers compromised the smart building management system of a Umhlanga complex. By 3:15 AM, they'd disabled the electric fence, unlocked the basement access gates, and disarmed the alarm system. By 4:00 AM, five units had been burgled. Total loss: R890,000. The body corporate's insurance claim was declined. The reason? "Cyber event causing physical loss." The building insurance policy covered burglary, but not burglary facilitated by hacking. The cyber insurance p

The insurance landscape has evolved rapidly, shaped by technological innovation, shifting consumer expectations, and an increasingly...

Insurance in sectional title schemes has always been complex. Balancing legislation, trustee duties, compliance with CSOS regulations, and ensuring adequate cover. AI introduces new tools to make this easier and hopefully more effective: