Econorisk Broker Consultants

17/09/2026

https://econoriskbrokerconsultants.co.za/sas-r45-billion-private-security-sector-is-facing-a-growing-liability-gap/

Does your insurance reflect the serious risks faced by your security business every single day?

South Africa’s private security industry operates in a high-risk environment. Guarding, armed response, monitoring, alarm systems, and tech integration all bring very different risks and insurance exposures with them. But simply having insurance doesn't mean that every exposure is adequately covered!

Would your existing policy protect your company if:

⚖️ An employee is accused of using excessive force or assault?

⚖️ An armed response incident results in injury or property damage?

⚖️ An alarm or critical alert is missed?

⚖️ A client alleges that your security service failed to protect them?

⚖️ An employee is involved in theft, dishonesty, or collusion?

⚖️ Your business suffers a cyber incident?

And what happens when a loss is the result of an intentional act by an employee, but the claim is made against the security company? 🤔

The important question isn’t “Do we have insurance?”

It is “Does our insurance match what we actually do?”

Read our article on how South Africa’s liability gap is growing. And what you can do about it.

South Africa’s private security sector has grown into a R45‑billion powerhouse, deploying more than 609,000 active security officers nationwide and vastly

09/09/2026

🎥 Is your security business relying on high-tech surveillance?

(And what happens when the tech fails?)

As South Africa’s private security sector transforms into a high-tech powerhouse, operations are increasingly making use of automated licence plate recognition (ANPR), smart CCTV and AI monitoring.

While tech improves protection, it introduces critical liabilities, too:
❓ Who is responsible for system design, camera positioning, and setup?
❓ What happens when an alert is missed, incorrectly identified, or wrongly acted upon?
❓ Are your data collection practices compliant with POPIA?
❓ How will you cope with a cyber breach?

These are some of the non-traditional exposures that normal public liability insurance often cannot cover.

👇Our latest article talks about how security providers can bridge this growing liability gap.

🔗 Read the full article: https://econoriskbrokerconsultants.co.za/sas-r45-billion-private-security-sector-is-facing-a-growing-liability-gap/

South Africa’s private security sector has grown into a R45‑billion powerhouse, deploying more than 609,000 active security officers nationwide and vastly

03/09/2026

Is your security company ready for an inspection?

Parliament’s latest PSiRA oversight report shows just how active enforcement in the private security industry is becoming:

- 9,000+ business inspections
- 43,000+ security officer inspections
- 2,490 inspections of fi***rm‑licensed businesses
- 245 successful prosecutions
- ± R30 million in fines issued

These are huge numbers with a strong message: compliance isn’t only about satisfying the regulator; it’s also about protecting the business.

Registration, training records, fi***rm licensing and operational procedures aren’t box-ticking exercises - they’re critical components of good risk management, and they need ongoing attention.

Risk Analysis | Insurance | Risk Management. That’s what will protect you and your clients today.

01/09/2026

Many businesses assume that when something goes wrong, their security provider carries the risk. It isn't always that simple. If the right compliance, contractual and insurance arrangements aren't in place, the client may also face significant exposure from civil claims and legal costs to regulatory and reputational consequences.

Our latest article looks at why appointing a security provider should involve more than simply comparing price and service: https://econoriskbrokerconsultants.co.za/sas-r45-billion-private-security-sector-is-facing-a-growing-liability-gap/

If you have concerns or questions, let’s talk:
Phone: +27 011 045 8555
Email: [email protected] | [email protected]
Website: econoriskbrokerconsultants.co.za

South Africa’s private security sector has grown into a R45‑billion powerhouse, deploying more than 609,000 active security officers nationwide and vastly

04/09/2024

🎭✨ Get your tickets for an unforgettable night of laughter with the legendary Marc Lottering, all in support of Sarda Cape Town, South African Riding for the Disabled!

Date: Friday, 4 October 2024
Venue: Theatre on the Bay
Time: 19:30

Marc Lottering's newest stand-up show, Marc Eugene Lottering, promises to be a riot as he hilariously explores his family tree, which his mom once claimed originated from “blonde German-Caribbeans” 🌴😂

Tickets:

Prices for individual seats range from R180 to R250
R1000 for Box seating (4 people)

How to book your tickets:

Call or WhatsApp: 083 253 3008
Email: [email protected]

Support SARDA and enjoy a fantastic evening of comedy. Book your tickets now and secure your spot for a night of non-stop laughter!

Theatre On The Bay Steven Lukey Bee Lukey Brett Schultz Shani Griebenow

25/10/2023

Wishing our boys in green and gold all the best in the Rugby World Cup Final on Saturday. The entire nation is behind you!

Go Bokke!

24/09/2023

Happy Heritage Day, South Africa! 🇿🇦 From all of us at Econorisk Broker Consultants. Let's celebrate the rich tapestry of our nation's culture and history.

07/09/2023

Best of luck South Africa! Your dedication and hard work have brought you to this moment, and we're proud to support you. Stay focused, play your hearts out, and make the nation proud. We'll be cheering you on.

Go Bokke! 🇿🇦 🇿🇦 🇿🇦

09/08/2023

Today and every day, we celebrate the incredible achievements of women around the world. Happy Women's Day to all the strong and inspiring women!

03/08/2023

A warm thank you to our generous team for their donations towards our Mandela Day initiative, supporting TEARS Animal Rescue. Econorisk Broker Consultants' matching contribution added even more value to this special cause. Your support is truly appreciated, as shown in the message from the TEARS team:

"A heartfelt thank you to the generous team at Econorisk Broker Consultants for their kind donations of food, blankets, and linen and their effort in making beds for the animals at Tears Animal Rescue. Your support, which is truly invaluable and deeply appreciated, plays a significant role in helping rescue animals in desperate need." ~ TEARS Animal Rescue