Notice of the transfer of the short-term insurance business of Guardian National Insurance Company limited to Santam limited in terms of section 36(2) of the Short-term Insurance Act, Act No. 53 of 1998.
In response to the latest crime statistics released today by the South African Police Services, Santam has said collaboration and partnerships between the Police and a host of business stakeholders is crucial in the fight against crime.
According to Santam, South Africa’s largest short-term insurer, around 70% of motor claims relate to motor vehicle accidents.
Weather-related claims emphasise the need for business interruption cover.
With nearly 400 airplanes and helicopters landing at the recent NAMPO agricultural trade show over a period of four days it has become critical that the farming community obtain adequate and appropriate insurance from a well-established insurer with an excellent track record, credit rating and claims- paying history.
The Marsh Insurance Market Report 2015 shows an increased interest in African markets for cyber risk insurance products as organisations become more aware of their exposure.