Broker debarred for adding property to policy after it was set on fire
The house, which belonged to the broker’s brother, was set alight after the sheriff served an eviction letter on the occupant.
The house, which belonged to the broker’s brother, was set alight after the sheriff served an eviction letter on the occupant.
Paying for fire damage without insurance can be financially devastating for both individuals and businesses.
A dispute over a R14 million claim underscores the importance of clear communication and thorough risk assessment in fire insurance agreements.
Cyber incidents are the top global business risk by a clear margin, but they rank second in South Africa, according to the latest Allianz Risk Barometer.
Santam’s 2023 Insurance Barometer discloses how brokers are adapting and adding value through robust risk management strategies.
A fire at the Vodacom building in Cape Town has prompted insurers and the City of Cape Town to emphasise the importance of using accredited installers.
Fires or explosions generated the most expensive losses for South African businesses over the past five years, accounting for 65% of the value of all claims, according to a study by Allianz Global […]