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Short Term Insurance

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28 Jul 2020
Professional indemnity cover for estate agents

Property professionals operate today in an environment of ever-increasing requirements for better transparency, disclosure, accountability and governance.  Professional indemnity cover…

Professional indemnity cover for estate agents

Property professionals operate today in an environment of ever-increasing requirements for better transparency, disclosure, accountability and governance.  Professional indemnity cover in the real-estate world is very similar to medical malpractice cover for doctors. While the sale or rental management of a client’s home may not require the precision of a…

04 Jun 2020
Insurance and Risk in a Post-COVID-19 economy

By: Carl Moodley, Chief Underwriting & Claims Officer; Stuart Forbes, Chief Risk and Compliance Officer and Eugene Olivier, Chief Information…

Insurance and Risk in a Post-COVID-19 economy

By: Carl Moodley, Chief Underwriting & Claims Officer; Stuart Forbes, Chief Risk and Compliance Officer and Eugene Olivier, Chief Information Officer of GENRIC insurance Company     Nothing will be the same in the world post-COVID 19.  As our economy slowly starts to reopen following a crippling lockdown, the realisation that consumer…

27 May 2020
When and how to review your insurance products

With South Africans facing the reality of more costly living expenses, we often look for measures to lower our monthly…

When and how to review your insurance products

With South Africans facing the reality of more costly living expenses, we often look for measures to lower our monthly expenses, with insurance options habitually being the first to be reviewed. It is, however, important not to cut insurance from your budgets completely, but instead review the assets listed under…

25 May 2020
COVID-19 and event cancellation – the insurance implications

From music concerts to sporting events and conferences, all organisations are facing the cancellation or postponement of events for the…

COVID-19 and event cancellation – the insurance implications

From music concerts to sporting events and conferences, all organisations are facing the cancellation or postponement of events for the foreseeable future as a result of the Covid-19 pandemic and hard lockdowns in place across the globe. Even once the lockdown is uplifted, events will not be business as usual…

08 Apr 2020
General Liability and COVID-19

General Liability policies provide the Insured with cover for legal liability arising out of the performance of their business.

General Liability and COVID-19

General Liability policies provide the Insured with cover for legal liability arising out of the performance of their business.

07 Apr 2020
Could D&O claims go viral following actions taken during COVID-19 pandemic?

On March 12, 2020, a plaintiff shareholder filed a securities class action lawsuit against Norwegian Cruise Line Holdings, alleging that…

Could D&O claims go viral following actions taken during COVID-19 pandemic?

On March 12, 2020, a plaintiff shareholder filed a securities class action lawsuit against Norwegian Cruise Line Holdings, alleging that the company was employing misleading sales tactics related to COVID-19 bookings and cancellations

07 Apr 2020
Coronavirus: Short-term closure of plants or premises can pose risks for companies

Many companies are having to shutdown their premises temporarily at short notice due to the Covid 19 pandemic. According to…

Coronavirus: Short-term closure of plants or premises can pose risks for companies

Many companies are having to shutdown their premises temporarily at short notice due to the Covid 19 pandemic. According to the risk consultants of Allianz Global Corporate & Specialty (AGCS), improper action or negligence when decommissioning buildings and production facilities brings risks for companies.

06 Apr 2020
Old Mutual Insure’s COVID-19 response aims to strengthen South Africa’s long-term risk readiness

Old Mutual Insure recognises that COVID19 has had a significant impact on our customers, service providers and communities. We have…

Old Mutual Insure’s COVID-19 response aims to strengthen South Africa’s long-term risk readiness

Old Mutual Insure recognises that COVID19 has had a significant impact on our customers, service providers and communities. We have put together a comprehensive plan to support these stakeholders through the lockdown and the uncertain months to follow.

06 Apr 2020
COVID-19: Non-life insurance (short-term) industry committed to assist

The non-life insurance industry is fully committed to supporting the measures put in place by State President, Mr Cyril Ramaphosa,…

COVID-19: Non-life insurance (short-term) industry committed to assist

The non-life insurance industry is fully committed to supporting the measures put in place by State President, Mr Cyril Ramaphosa, together with the Government of South Africa to protect South Africans and attempt to contain the spread of COVID-19.

01 Apr 2020
Santam commits R200m in relief initiatives to lessen COVID-19 impact

The Santam Group, South Africa’s largest general insurer today announced that it would make R200-million available as COVID-19 relief to…

Santam commits R200m in relief initiatives to lessen COVID-19 impact

The Santam Group, South Africa’s largest general insurer today announced that it would make R200-million available as COVID-19 relief to help clients, suppliers, and contribute to the Government’s Solidarity Fund.

27 Mar 2020
MSTI making R26m in future no claims and safety bonuses available

While South Africans face the challenge of curbing the spread of the COVID-19 pandemic, Momentum Short-term Insurance (MSTI) is determined…

MSTI making R26m in future no claims and safety bonuses available

While South Africans face the challenge of curbing the spread of the COVID-19 pandemic, Momentum Short-term Insurance (MSTI) is determined to help alleviate the financial burden by giving clients early access to R26 million in future no claims and safety bonuses.

26 Mar 2020
SHA offers digital learning opportunities for brokers

In the lead up to the nationwide lockdown, announced by President Ramaphosa this week, Stalker Hutchinson Admiral (SHA) Risk Specialists…

SHA offers digital learning opportunities for brokers

In the lead up to the nationwide lockdown, announced by President Ramaphosa this week, Stalker Hutchinson Admiral (SHA) Risk Specialists has implemented the necessary precautions to ensure the safety of employees, including a work-from-home policy, travel restrictions and the cancelling of all face-to-face meetings.