Can AARTO make better drivers – and smarter underwriting?
Old Mutual Insure says demerit points could eventually influence underwriting, but only if they prove to be a reliable predictor of insurance risk.
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Could AARTO eventually affect your insurance premium?
SAIA says international precedent exists, but insurers will need years of reliable data before drawing any conclusions.
Insurance sector scales up mentorship programme to tackle skills gaps
The third phase of the Retiree Repurposing Programme expands efforts to address technical skills shortages through structured mentorship and knowledge transfer.
Non-life ombud rules that insured can keep written-off vehicle
The NFO decided that Dotsure must indemnify the insured and waive the transfer-and-repurchase requirement, overturning strict adherence to the SAIA Code.
Auto & General’s Knysna fires advert is not offensive, says ARB
Insurance advertising often addresses personal experiences of loss and hardship, so they are likely to trigger strong emotional responses, the Board says.
Experts warn of financial literacy crisis, call for co-ordinated action
At the FSCA Financial Education Summit, industry leaders outlined the shortcomings of current financial education efforts and the need for a strategic overhaul.
Road hazard: unfit and unsafe vehicles slip through the cracks in the second-hand market
SAIA says the term ‘write-off’ can have various interpretations, and each insurer uses its own criteria to determine whether a vehicle is uneconomical to repair.
