Specialist Business
Through its alliance with Munich Re and its AA-rated security with New Reinsurance Company Ltd (NewRe), Emerald is now launching a stand-alone Non-Damage Business Interruption solution covering disease outbreaks for the South African corporate sector.
Specialist Business
Most retail companies may enter into service level agreements (SLAs) with external parties such as cleaning companies, security companies and trolley service management companies. These service providers are often in the midst of liability claims, as either the primary cause thereof, or a contributing factor.
Specialist Business
On 6 March, a truck ploughed into morning traffic and caused an accident involving multiple vehicles on the M41 in Umhlanga, Durban. This recent incident is a reminder that road safety continues to be a huge concern in the transport and logistics space and Santam, as a leading insurer in the Heavy Haulage industry, says it is continuously engaging with all stakeholders to highlight and raise awareness of this pertinent issue.
Specialist Business
Professional indemnity risks in SA are skyrocketing – how can companies prepare?
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To mark October National Transport Month, the Road Traffic Management Corporation (RTMC) in collaboration with Santam, South Africa’s largest short-term insurer, will undertake road safety awareness campaigns on 13th October at Mantsole Weighbridge in Limpopo and on the 27th of October in Sir Lowry’s Pass, Western Cape.
Specialist Business
The most recent (Q4 2021) statistics presented by the South African Police Service put commercial crime under the spotlight, with a 15.9% increase compared to the third quarter of 2021. This has been characterised by a rise in cybercrime, impersonation fraud and white-collar incidents perpetrated by senior staff members.
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With so many stakeholders involved, ownership of issues can get ‘blurry’, which may cause tension between trustees, owners and occupants. Recently, there’s been a proliferation of combined use buildings which add another layer of complexity as people work, stay, and play in complexes that are both residential and commercial.
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Mirabilis has provided engineering reinsurance on the African continent since 2006, and globally since 2014.
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It may be that the maxim ‘cargo at rest, is cargo at risk’ is still applicable but in the current environment even cargo in transit is fraught with theft and hijacking threats.
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With the unprecedented and catastrophic impact of the global Covid-19 pandemic on societies and economies the world over, it seems the pace of change has been forced into an even higher gear.
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The health and safety of truck drivers now more important than ever before
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Supporting effective developments and innovations in the road transport industry eases the cost burden on our road freight transporters, says Santam Heavy Haulage.
Specialist Business
It turns out geyser-related issues cause some of the country’s most common household insurance claims, this is according to Santam – South Africa’s leading short-term insurer
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And essential assets to protect
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In finding more reasons to pay claims than not, Santam Aviation is hand-holding its clients through changing times as the sector limps its way to recovery.
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Mirabilis is ready and equipped to respond to the insurance needs of Africa’s construction and engineering sector.
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Runaway fires wreak havoc and can have crippling financial ramifications. Fire damage to residential and commercial estates is proving an increased risk for property owners and insurers alike.
Specialist Business
In 2017, the Road Traffic Management Corporation (RTMC) reported 1270 fatalities linked to trucks. Despite making up just 0.36% of registered vehicles in SA, trucks account for 11% of road crash fatalities. Why? A road safety awareness event run by Santam and the RTMC in November 2018 points to fatigue as causality number one.
Specialist Business
Santam has introduced a seamless insurance solution that’s receiving enthusiastic support from developers and development financiers alike. Karl Bishop highlights the advantages.
Specialist Business
Estate living has become very popular in our country, but homeowners in these environments need to heed location-specific risks. Karl Bishop discusses.