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What you need to know about insurance claims

Many business owners and consumers who take out insurance often overlook the value of immersing themselves in how the claims process works. Elizabeth Mountjoy, Private Wealth Manager at FNB Insurance Brokers, says submitting a claim forms an integral part of an insurance policy agreement. When taking out a policy you are essentially purchasing the potential […]

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Innovative support service to reignite ‘human touch’ in client and broker interactions

The short-term insurance market is abuzz following the launch of Acuideas, an innovative provider of services to independent insurance brokers, product providers and underwriting management agencies with a short-term insurance focus. The official launch activities, which include countrywide broker roadshows, coincide with the 2018 Financial Intermediaries Association (FIA) Awards, an event that celebrates the value […]

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Aon study reveals ‘true potential’ of blockchain for insurance industry

Aon plc. (NYSE: AON), the leading global professional services firm providing a broad range of risk, retirement and health solutions, today announces the launch of the first article in its 2018 Global Insurance Market Opportunities series. The article, Blockchain: Mechanics and Magic, written by risk academic and former Chief Executive Officer of Aon Benfield Analytics, […]

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Vusi Khanyile

Vusi Khanyile appointed Chairman of Santam Board

The Board of Santam, South Africa’s largest general insurer, is pleased to announce the appointment of Vusumuzi (Vusi) Phillip Khanyile as its chairperson with effect from 1 July 2018. Mr Khanyile joined the Santam board as an Independent Non-Executive Director on 23 April 2018, having previously served as a director between April 2010 and May […]

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Mandy Barrett

D-I-Y approach to motor insurance ‘challenging’

Many people find the insurance aspect of securing their vehicle against theft, loss or damage overwhelming as there are so many variations of cover and costs available.  “Without the financial experience of what insurance is all about, a D-I-Y approach is challenging when trying to figure out why the quotes you receive vary so radically […]

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Changes to insurance laws come into effect

Amendments to insurance legislation aim to give more South Africans the opportunity to cover themselves and their assets and will provide for greater protection for policyholders, including a 48-hour turn-around time for funeral pay-outs. The Insurance Act, commencing on 1st July 2018, was passed by the National Council of Provinces in December. It brings with […]

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Brokers say ‘#LongLiveHollard’ with prestigious FIA Award

If anyone knows which insurers are our country’s best, it’s the brokers and financial advisers of the Financial Intermediaries Association of Southern Africa (FIA). And they’ve decided that the Hollard Insurance Company is one of the best, presenting it with the 2018 FIA Award for Short Term Insurer of the Year: Corporate at a glittering […]

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Digital technology makes car insurance more affordable   

Third party car insurance continues to be priced beyond the means of millions of ordinary vehicle owners, with the result that many South Africans face serious financial consequences after a car collision where they were at fault—just because they could not afford to buy cover. (more…)

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