https://video.wixstatic.com/video/a11059_a90653d4d70e4f60868fcb9dea50f5a7/480p/mp4/file.mp4 In the blink of an eye, life can change dramatically. Yesterday, on July 19, 2023, Johannesburg's Bree Street became a stark reminder of this fact. A suspected underground gas explosion occurred during the evening rush hour, ripping open roads, flipping more than 20 cars, and injuring at least nine people. The damage was extensive, affecting an area covering five city blocks. The cause of the explosion is believed to be an underground gas line, although investigations are still ongoing. This incident se ..read more

On June 27, 2023, a mini tornado made its dramatic presence felt between Inanda and Phoenix, areas north of Durban. For the residents, the experience was a mix of fear and panic. Although tornadoes are not entirely unheard of in South Africa, they are relatively rare. This event, consequently, took many by surprise. The tornado resulted in snapped tree branches and caused damage to infrastructure, affecting roads, electricity, and water supply. Several people were injured, while many others were displaced due to the heavy rains brought on by the tornado. The Disaster management teams are curre ..read more

On June 11, 2023, at the inconvenient hour of 2:38 a.m., the land beneath Johannesburg, South Africa shook dramatically. A magnitude 5.0 earthquake, centered just 6 kilometers from the southeastern town of Alberton, rippled through the Gauteng province. While there were no immediate reports of significant damage or casualties, the tremors were undeniably felt by many South Africans. Earthquakes in South Africa are far from common, the last seismic event of similar magnitude was recorded in 2014. This rarity, however, does not detract from the potential destruction that an earthquake can wreak ..read more

As South Africa advances technologically, it finds itself facing an escalating threat - Cybercrime. South Africa, one of Africa's most digitally sophisticated nations, is becoming a prime target for cybercriminals. A report from the South African Banking Risk Information Centre (SABRIC) has revealed a disturbing rise in digital fraud and cybercrime incidents, especially AI-enhanced cyber attacks. The Double-Edged Sword of AI and Cybercrime Artificial Intelligence has revolutionized numerous sectors, from healthcare to marketing. However, it has also empowered cybercriminals, allowing them to ..read more

With load shedding continuing to be a problem in South Africa, insurers have had to take drastic measures. Major insurers like Santam and Camargue have introduced exclusions on losses due to grid interruption and grid collapse (before getting started, it is important to state that load shedding is planned power interruption, grid failure/interruption is unforeseen). Other insurers, no doubt, will follow suit. What does this mean? - You will not be insured for grid failure or interruption regardless of whether you suffer direct or indirect losses o Unless this loss is specifically insured unde ..read more

Insurance is an important part of financial planning for individuals and businesses in South Africa. It offers protection against unexpected events and helps individuals and companies manage risk. We thought it would be a good idea to go back to the basics this week and give you a quick rundown on the insuranc3e industry in South Africa. Types of Insurance in South Africa: There are various types of insurance available in South Africa. These include: 1. Life Insurance - This type of insurance provides financial protection for the policyholder's family in the event of their death. It can also ..read more

What is the repo rate? The repo rate is set up by the Reserve Bank (who is responsible for keeping inflation as low as possible) and it is the rate at which the Reserve Bank lends money to the commercial banks in South Africa. When the repo rate increases the bank increases their interest rates, making it more expensive to loan money. Click on the button below, for our free downloadable resource: #reporate #insurance #interest #money #southafrica #free #download ..read more

Is your business protected against cyber threats, can you afford to take another knock? Find out more by reading the following article: https://www.moonstone.co.za/cyber-risk-is-an-opportunity-for-brokers-to-showcase-their-value ..read more

⚠️ Read this before you go and buy a gas stove ⚠️ With load shedding still a reality, gas appliances are seeing high volumes when it comes to sales: gas is safe to use and it is nice to have when the lights go out! There are however a few guidelines that must be followed for the safety of you and your loved ones. Although gas is safe to use if installed per regulations, the most common types of hazards associated with its use of it include explosions and fire . There are several guidelines to take into consideration where the installation of gas is concerned. The following top three tips rega ..read more

We have created this WhatsApp chat system to improve your experience at Deo Gratia Insurance Brokers. See the graphic below as to how this is done: Try it out! Send us a "Hi" message ..read more