Commercial Lines
Commercial Lines
What those in the hospitality biz need to know as holidays approach
April is here and all over South Africa, locals are planning on taking advantage of the lovely holiday weekends coming up. With the anticipated surge in bookings and visitors to your establishment, it is important to ensure that your property and staff follow best practices to be properly indemnified against potential liability claims.
Commercial Lines
Ways to protect your Airbnb this Easter season
Many South Africans have become Airbnb hosts, either as a main income source or savvy side hustle. In fact, a report from Airbnb last year showed there are about 35 000 SA home hosts (65% of whom are women), collectively earning over $260-million, with a ripple economic impact of $678-million (from 1 June 2017 to 31 May 2018).
Commercial Lines
Protect your business from silly season risks
No business wants to experience downtime in the busiest weeks of the year. Santam, the Top Business Insurer in the 2018 Sunday Times Top Brands Survey, has top tips for companies to combat festive season risks.
Commercial Lines
Could your SME be the next cybercrime target?
It’s not just big businesses that are susceptible to cybercrime. It’s SMEs as well. These smaller businesses are arguably even more vulnerable, considering they frequently don’t have the awareness or resources required to mitigate the threat. In fact no-one is safe.
Commercial Lines
Fires cost South African businesses millions annually
South Africa loses millions of rand to fire each year. The past fire season has seen thousands of people displaced from their homes as a result of fires in the Knysna area while acres of vineyards were destroyed in the Western Cape in January, decimating revenues within the wine industry.
Commercial Lines
Insuring the wine industry
The recent spate of fires in the winelands of the Western Cape has again brought the issue of the wine producer’s risk to the fore, with a number of wine farms being adversely affected. Shehnaz Somers, head of commercial underwriting at Santam said the company is still assessing the damage and loss as a result of fires spreading to well-known vineyards and guest farms in the winelands and surrounding areas over the past month.
Commercial Lines
Backing the entrepreneurs, the drivers of a new economy
Santam views entrepreneurs as the drivers of a new economy and is putting resources behind financial consumer education for SMMEs in Soweto to advance their developing enterprises.
Commercial Lines
New transport regulations unclear: goods-in-transit to be ‘fully insured’
The Department of Transport has introduced amendments to the National Road Traffic Regulations for goods-in-transit which could have far-reaching consequences for the agricultural transport industry – including a requirement that goods-in-transit be “fully insured”.
Commercial Lines
Mall robberies: how to stay safe this holiday season
2014: Following the spate of brazen armed robberies at shopping malls in the Western Cape and Gauteng over the past few months – and with the busy holiday season just around the corner – leading short-term insurer Santam provides some tips on how to stay safe when out shopping.
Commercial Lines
Concerted industry efforts yield success in fighting fraud and economic crime
Santam has up to end June this year reported a total of 63 cases of economic crime with a total value of R9 million to the South African Police Services.
Commercial Lines
Manage your risk to ensure franchise success
Over the past three years, nearly 41% of our franchise-related claims were motor-related, while 17% were as a result of fires.
Commercial Lines
Could a mudslide ruin your business?
Weather-related claims emphasise the need for business interruption cover.