Ransomware – Beware air waves piracy
According to recent articles, insurance companies around the world are concerned that ransomware-based cyberattacks are on the rise, and that they stand to lose more as hackers step up their efforts to demand […]
Insurance
Life and Disability Insurance Gap – Widens to R34.7 trillion in 2018
Earners under 40 face an average insurance shortfall of around R1.4 million for life cover and R1.5 million for disability. This means the majority of SA’s earners are likely to be significantly underinsured. These are […]
Short term insurance tips – Why the correct details of the client is important
Your clients cover their valuables under a short-term insurance policy as it gives them the needed financial security against loss or damage. Many claim rejections and Ombud cases have revealed that clients sometimes […]
Insurance and the evolving vehicle market – How will electric vehicles impact on us?
Mercedes-Benz’s first battery powered electric vehicle (EV) will go on sale in South Africa in 2020. This will be the fourth EV to launch in South Africa. Although South Africa has a few […]
Insurance and the evolving vehicle market – How will electric vehicles impact on us?
Mercedes-Benz’s first battery powered electric vehicle (EV) will go on sale in South Africa in 2020. This will be the fourth EV to launch in South Africa. Although South Africa has a few […]
Crime stats and insurance fraud
“Crime likely to affect forthcoming tourist season” “SA is at war with itself” “Crime stats show that situation is ‘quite bad’” These are just some of the media headlines after the release of […]
Crime stats and insurance fraud
“Crime likely to affect forthcoming tourist season” “SA is at war with itself” “Crime stats show that situation is ‘quite bad’” These are just some of the media headlines after the release of […]
New driving demerit system – What will the impact be on insurance?
Two weeks ago President Cyril Ramaphosa signed the controversial Administrative Adjudication of Road Traffic Offences (Aarto) Bill into law. In general, the Bill will result in the setting up of a demerit system […]
New driving demerit system – What will the impact be on insurance?
Two weeks ago President Cyril Ramaphosa signed the controversial Administrative Adjudication of Road Traffic Offences (Aarto) Bill into law. In general, the Bill will result in the setting up of a demerit system […]
National Health Insurance – Health Minister dismissive of criticism
“We are one nation building one health care system. Let’s work together. There is no us and them.” These were the words in a tweet of Dr Zweli Mkhize, South Africa’s Health Minister. […]
There is a rat in my car – Am I covered?
The lyrics of a UB40 song reads “There’s a rat in my kitchen what am I gonna do?” The song also relates to the owner of a Porsche, who discovered a resident rat […]
National Health Insurance – Minister responds to comments
In a recent media statement the Health Minister, Zweli Mkhize, welcomed the current debate on the introduction of National Health insurance (NHI). “We will be noting all the views and comments made by […]
National Health Insurance – Minister responds to comments
In a recent media statement the Health Minister, Zweli Mkhize, welcomed the current debate on the introduction of National Health insurance (NHI). “We will be noting all the views and comments made by […]
National Health Insurance Bill – Controversy or agreement?
On Thursday, Health Minister Zweli Mkhize released the much-awaited National Health Insurance (NHI) bill in Pretoria. He said that it is expected to be fully functional in South Africa by 2026. The Health […]
Short term insurance policies – Five causes for invalidation
In a recent media release, the Office of the Ombudsman for Short-Term Insurance (OSTI) highlights some of the things consumers do which might result in the insurer cancelling cover or refusing to pay […]
Homeowner’s insurance – Beware of wear and tear
In 2018, 58% of complaints considered by the Ombud for Short Term Insurance (OSTI) under homeowner’s insurance related to claims for damage caused by acts of nature. These claims relate primarily to storm […]
Homeowner’s insurance – Beware of wear and tear
In 2018, 58% of complaints considered by the Ombud for Short Term Insurance (OSTI) under homeowner’s insurance related to claims for damage caused by acts of nature. These claims relate primarily to storm […]
