March is traditionally our events issue, and this time around we decided to focus on some of the upcoming cycling events: what it takes to manage events like the Absa Cape Epic and FNB Wines2Whales, for example. We chatted to managing director Mike Flinn about what it’s like to put together these thrilling, multi-stage bike races that attract riders from all over the world. It’s heartening to hear that Flinn considers his broker a vital link in the chain when it comes to ensuring that everything runs smoothly.
We also take a close look at how to risk-proof events, with new contributor Michael Ferrendinos (owner of The Risk Tower) contributing his first article on risk management. “The largest reputational damage for event organisers usually occurs when there is harm to people and damage to the venue itself, which results in having to defend against legal action and liability,” he explains. “The problem event organisers face is that reputational damage can occur suddenly, without warning, and could result in the event never being held again.” Reason enough to be painstakingly thorough about those risk management plans!
Other highlights of the March issue include features on risk in the aviation sector, the tricky issue of drones and liability (plus drone insurance and the burgeoning role that drones can play in the insurance industry), and insurance for cyclists. We chat to Kai-Nicholas Kunze, founder and CEO of Zurich-based insurer Lings, about lessons learnt incubating a start-up in the on-demand micro-insurance space (Lings insures photographers and cyclists). We also look at whether cyberbullying insurance is the next ‘big thing’ and share some tech solutions for financial advisers. On the investment side, we ponder whether cryptocurrencies can be considered a new asset class and scrutinise Investec’s newly issued Structured Return Note.
Finally, read all about Connected Insurance Europe 2019 – it’s an unmissable event and RISKAfrica has secured a whopping €200 discount for our valued subscribers. For more about the event, keep reading!
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