SMMEs serving critical infrastructure and global corporations, as well as those in regulated industries such as insurance, healthcare, banking, and credit monitoring, are particularly vulnerable.
King Price came out top in DataEQ’s latest Insurance Sentiment Index, which analyses what consumers are saying about their insurers.
Sanlam gained market share in individual underwritten life insurance, supported by strong single-premium growth and stable persistency in the affluent segment.
The group attributed the turnaround in motor insurance to managing claims inflation and improving risk selection, resulting in a significant reduction in claims frequency.
While several large companies have spearheaded a gradual return-to-work, the hybrid working model has remained sticky for many South Africans.
Long-standing winners such as Western National and Santam retained their titles, while iTOO re-emerged as the Underwriting Manager of the Year.
The house, which belonged to the broker’s brother, was set alight after the sheriff served an eviction letter on the occupant.
Santam’s Jerry Chetty reports a troubling trend where fraudsters use social engineering to obtain policyholder information.
Paying for fire damage without insurance can be financially devastating for both individuals and businesses.
According to the latest SAPS crime statistics, there were 5 973 carjackings in the fourth quarter of 2023.
During National Youth Month, Marius Kemp from Santam emphasises the importance of insurance for young people, who often lack emergency savings.
The number of claims is expected to rise, and storm-hit policyholders in KwaZulu-Natal will also be filing claims.
Criminals are impersonating policyholders and requesting copies of their policy schedules and claims histories.
Oudtshoorn Regional Court sentences husband to 26 years’ imprisonment and his wife and accomplice to 7 years for a ‘well-planned scheme’.
A dispute over a R14 million claim underscores the importance of clear communication and thorough risk assessment in fire insurance agreements.
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.
Mulalo Moroe, recently appointed as head of corporate legal services at Santam, talks about overcoming imposter syndrome and the traits of an effective leader.
