Tag ArchivesShort-term insurance

Clayton Ellary, JHB Commercial Branch Manager at Aon South Africa.

Golf insurance – complete cover from tee to green to 19th hole

South Africa is host to many luxurious golf courses that not only provide a much-loved recreational reprieve for enthusiasts of the beautiful game but are popular with home owners looking to live in a safe, secure and aesthetically beautiful environment.  With so many role players, the matters of risk, liability and insurance on the golf course […]

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Garth Napier appointed Managing Director of Old Mutual Insure 

Old Mutual Limited (OML) is pleased to announce the appointment of Garth Napier as Managing Director (MD) of Old Mutual Insure, pending regulatory approval. (more…)

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Record high levels of crime reported in Q1 2018: Bryte

Bryte Insurance, a proactive business risk specialist, today released its Q1 2018 Crime Tracker; an indicator of long-term crime trends in South Africa as captured by insurance claims for the period January – March 2018. The Q1 2018 Bryte Crime Tracker measures the annual change, on a quarterly basis, in crime-related claims (due to hijacking, […]

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Spring clean your insurance

By Nthabiseng Moloi, MiWay Head of Marketing & Brand. Spring has finally sprung, bringing with it warmer days and the distinctive scent of jasmine wafting in the breeze. Typically, this new season filled with promise is one that triggers a desire to spring clean – to clear out the winter cobwebs and start afresh. (more…)

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The difference between carrier cargo liability and first party cover

Recently a marine insurer paid a heavy penalty after it was identified that they were breaking the Financial Advisory and Intermediary Services (FAIS) & Short-Term Insurance Act (STIA) regulations. The main issues were that the carrier/third party sold insurance to the cargo owners, and the policy was issued in the name of the carrier on […]

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The biggest loser in insurance fraud is our struggling economy

By Johan Welthagen, Head of Claims Support at Old Mutual Insure. Pulling off insurance fraud is harder than you may think, because of the sheer number of people standing between you and your payout. Sadly, claimants who attempt to defraud their insurance company not only put themselves in danger of criminal prosecution, they are also […]

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Johannes du Plessis, Legal Advisor at RBS

Dash cam footage one of top risk management tools

Not only can dash cam footage help vehicle owners avoid being held liable following an accident, but it can also assist individuals in recovering their damages, if uninsured, or excess payments after their insurance claim. That’s the word from Johannes du Plessis, Legal Advisor at RBS. (more…)

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Insurance solutions for an emerging market economy

Underinsurance, high premiums, and insufficient contribution to the incremental development of local financial and intellectual capacity by reinsurers are but a few of the obstacles to emerging economies – and the short-term insurance sector in these markets. Insurers, however, can turn this around. (more…)

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