SA Business Integrator - Volume 8 l Issue 1 - January 2022

Page 86

RISK MANAGEMENT & INSURANCE

Prevention is better than cure Considering the impact of the pandemic and the recent violent looting which resulted in the widespread destruction of property and businesses across South Africa, the first question many business owners and shareholders asked was: “Do we have insurance and are we covered for a major business interruption?” By Claude Hamman, IRMSA Certified Risk Management Professional

84 sabusinessintegrator.co.za


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SA Business Integrator - Volume 8 l Issue 1 - January 2022 by Media Xpose - Issuu