Elite Risk Acceptances Archives

27 Oct 2021

Collectible alternative asset classes gaining in popularity

By Staff Writer

High value wine and diamond collections with their origins in nobility – which attract the fascination of the world’s wealthiest collectors and ordinary citizens alike - are in the spotlight.

04 Jun 2021

Why luxury properties should be insured by specialist insurance brokers

By Staff Writer

A surge in the number of high net worth individuals (HNWIs) living in Africa is set to inflate demand for prime properties in sought-after South African destinations. “South Africa is perfectly positioned to benefit from the rise in Africa-domiciled HNWIs thanks to our relatively stable economic and financial environment as well as magnificent residential properties on offer,” says Christelle Colman, MD at Elite Risk Acceptances, a subsidiary of Old Mutual Insure.

08 Jan 2020

SA art collections increasingly valuable

By Janice Roberts

The AfrAsia Bank South Africa Wealth Report 2019 reveals that South African fine art prices have risen by 33% over the past decade, compared to an 18% increase globally. However, the Managing Director of Elite Risk Acceptances, Christelle Colman urges all South African art collectors to ascertain the current market value of their artworks and...

12 Nov 2019

What insurance do you need as an Airbnb host?

By Janice Roberts

Airbnb launched in South Africa in 2015. Since then, the number of home hosts has grown to more than 35 000 with South Africans pocketing more than R3.8 billion over this time. The ripple effect of this booming Airbnb community has also proved significant, resulting in an economic impact of approximately R10 billion and supporting upwards...

29 Oct 2019

What happens when your car is written off

By Janice Roberts

Being involved in a car accident is a traumatic event in itself, so the news that your vehicle is damaged beyond repair is never going to be an easy pill to swallow. While insurance will undeniably soften this blow, the reality is that there are so many variables at play when dealing with a write...

07 Aug 2019

The power of creating your own personal brand

By Janice Roberts

By Christelle Colman, Managing Director Elite Risk Acceptances. Building a personal brand is one of the most important things you can do to set yourself apart from the rest of the pack.

15 May 2019

Insuring your home at market value could cost you

By Janice Roberts

South African residential property prices are experiencing continued downward pressure while the average cost of building new property continues to increase year on year with rising costs of materials and labour. The 2018/ 2019 Lightstone Property Forecast showed that the market ended close to 2.9% as opposed to the forecasted 3.8% in 2018. The current...

09 Apr 2019

Will our homes become too smart for us?

By Janice Roberts

The Internet of Things (IoT) – a term with which we are becoming increasingly familiar – refers to the interconnection of computing devices and sensors embedded into everyday objects. These objects include devices, vehicles, machines and even smart home appliances that constantly collect and exchange data via the Internet.

27 Mar 2019

Insuring your personal generator

By Janice Roberts

After a few weeks of national rolling blackouts, Eskom has announced that no load-shedding is anticipated for this week. The system, however, remains vulnerable, and South Africans remain in the dark regarding the future of Eskom’s energy crisis.

15 Feb 2019

Opportunistic crime could climb amid load shedding

By Janice Roberts

Amidst the recent countrywide implementation of stage 3 load shedding by soon to be unbundled state power utility, Eskom, South Africans are cautioned to protect themselves, their property and their valued belongings. There are grave potential financial repercussions of not only the load shedding process, but also the dangerous power surges that can ensue as...

29 Oct 2018

All-female board breaks stale SA corporate mould

By Janice Roberts

Despite an ever-growing body of research that confirms the positive impact that female representation at an executive level can have on company performance, the representation of women on the boards of South African corporates remains dismally low. In fact, it has been said that women make up just 17.4% of board members in South Africa,...

20 Aug 2018

Women in SA dress for success, but do they insure for the worst?

By Janice Roberts

These days, buying a car or getting a new laptop without getting adequate insurance is regarded to be financially irresponsible. Yet, many South African women walk around on a daily basis wearing the finest quality weaves, dressed head-to-toe in designer apparel, and carrying one of their many luxury handbags – items that are all commonly...