Insurers push for trackers as theft of high-end vehicles surges
According to the latest SAPS crime statistics, there were 5 973 carjackings in the fourth quarter of 2023.
Santam
Why young South Africans can’t afford to skip insurance
During National Youth Month, Marius Kemp from Santam emphasises the importance of insurance for young people, who often lack emergency savings.
Eastern Cape floods: Santam receives more than 250 claims
The number of claims is expected to rise, and storm-hit policyholders in KwaZulu-Natal will also be filing claims.
Discovery Insure faces social media uproar after personal data breach
Criminals are impersonating policyholders and requesting copies of their policy schedules and claims histories.
Man defrauds Santam while in prison for defrauding Mutual and Federal
Oudtshoorn Regional Court sentences husband to 26 years’ imprisonment and his wife and accomplice to 7 years for a ‘well-planned scheme’.
Rising fire risks prompt urgent focus on insurance in the agri sector
A dispute over a R14 million claim underscores the importance of clear communication and thorough risk assessment in fire insurance agreements.
Sanlam’s India operations pave the way to stellar performance in 2023
All eyes are on the group’s pan-African joint venture with Allianz, to see whether it will mirror the achievements of Sanlam’s interests in India.
From legal litigation to leadership: Mulalo Moroe’s journey in insurance law
Mulalo Moroe, recently appointed as head of corporate legal services at Santam, talks about overcoming imposter syndrome and the traits of an effective leader.
Santam’s bold strategy curbs underwriting challenges, drives growth
Santam will ramp up efforts to tackle increased weather- and fire-related risks by implementing measures such as adjusting premiums and setting stricter risk limits.
Shifting risk landscape to impact cost of reinsurance even further
Industry leaders caution against the ‘new normal’ in reinsurance costs, emphasising the need for a comprehensive strategy to navigate escalating challenges.
Insurance crime threatens economic growth: expert urges collaborative action
Dr Jerry Chetty, Head of Business Integrity at Santam, examines the interconnectedness of insurance crime and the need for it to be dealt with as a priority crime.
South Africans rally behind local businesses
Santam’s Most Loved Local Report identifies a shift in consumer priorities, as good overall experience and value for money take centre stage.
Don’t simply assume your policy covers you for hail damage
Steps the insured can take to enhance the likelihood of a successful claim.
Underwriting actions are bearing fruit, says Santam
Interim profit from conventional insurance almost doubles despite significant claims for fires, floods in the Western Cape, and earthquakes in Türkiye.
Significant Santam legal victory in dispute over vehicle storage costs
The insurer was entitled to provide security for the disputed balance of the storage costs to have the motor vehicle released and stop incurring further charges.
Weather and power surge claims hit Santam’s underwriting profits
Loadshedding, inflation, and high interest rates are squeezing consumers’ finances.
Santam introduces power surge excesses and exclusions as claims jump
What policyholders should know about the general exclusion for damage caused by electricity grid failure or interruption.
