Bid to join auditor, compliance officer in Insure Group claim fails
High Court rejects arguments that they owed the insurers a statutory duty.
Short term insurance
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NCA Credit providers’ FICA obligations
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Looking back at this year’s FPI Professional’s Convention
Enhance your HR skills by attending our insightful webinars in November
Webinars on how to investigate misconduct and address poor performance
Weather and power surge claims hit Santam’s underwriting profits
Loadshedding, inflation, and high interest rates are squeezing consumers’ finances.
Sasria’s chief executive addresses grid-collapse exclusion
It will decide by the end of the month whether to reintroduce the exclusion.
Brokers, clients looking for contract certainty with grid-collapse exclusions
SAIA is concerned about consumers’ perceptions of the insurance industry as covers are removed but premiums increase.
Update: Sasria U-turn on cover for damages related to electricity grid collapse
Companies should consider drawing up disaster management plans.
Santam introduces power surge excesses and exclusions as claims jump
What policyholders should know about the general exclusion for damage caused by electricity grid failure or interruption.
Now Hippo is taking exception to a social media advert
The assertions by competitor Everything.Insure are misleading and defamatory, the insurance aggregator says.
Ombud considers what adequate disclosure is in terms of the General Code
Two complaints where the FAIS Ombud held that the FSPs had not drawn the clients’ attention to the material terms.
Monday briefing: a round-up of recent financial services news
Bank staff allegedly helped gold smugglers | FIC gets forensic unit | Ramaphosa on exiting the grey list | OUTsurance boosts stake in Youi
High Court provides guidance on BI claims by multiple policyholders under one policy
AIG rejected claims by aviation companies whose operations at different premises were impacted by the lockdown and Covid-19.
Fit a tracking device or lose your theft and hijacking cover, vehicle owners told
Old Mutual Insure and Elite Risk policyholders in six provinces given a deadline to instal a tracker.
Top insurance risks to guard against in 2023
These risks will significantly affect those who don’t have the right cover in place or no cover at all, says Old Mutual Insure.
Court makes punitive costs order against Guardrisk after finding expert’s evidence wanting
Insurer must pay R1.82m to a Ferrari owner whose claim was rejected on the grounds of reckless driving.
Santam pays record R29.8bn in claims in 2022
Another year of high pay-outs following Covid in 2020 and the unrest in 2021.
What insurers’ grid failure exclusions mean for clients
Advice from a qualified intermediary on how to interpret an insurer’s policy wording is essential.
Monday briefing: a round-up of recent financial services news
Ruling on written-off car | Grid failure exclusions | Residential solar CoC | Coronation judgment implications | Grey-listing risk
Conduit Capital selling life and health insurance business so it can stay afloat
Liquidation of Constantia Insurance Company has affected the group’s ancillary insurance businesses.
