Running a small business in South Africa remains an exciting adventure. A 2016 study* found that small business is actually big business for our country: it is estimated that start-ups contribute between 52% and 61% to the GDP.
Insurance companies promise a lot of things. That they’re faster and cheaper than the next guy. Or that they’ll always be there for you. At Santam, we’ve always said that we do insurance good and proper.
What we do
They say ‘you get what you pay for’ which is why when it comes to car and home insurance cheaper is not always better.
Choosing the right insurance for your home and possessions is really important. How would you replace everything in your house if it was destroyed or stolen?
If you don’t have cash to buy a car, then you borrow the money from a bank. It’s a simple enough transaction, yet vehicle financing can seem complicated when you have to navigate terms like residuals, prime lending rates, finance terms and more. We explain all the factors that determine how much you pay every month to help you buy smartly.
We have often spoken about the disruption our industry is facing these days, which means that both insurers and intermediaries need to reconsider, renew and reinvent the way they do business. But where to start and how to go about it? Andrew Coutts, Head of Intermediated Distribution at Santam, shares his top tips on running a more client-centric business.
Thunder storms, hail, heavy rain and flooding are all part of the seasonal weather patterns in the summer rainfall areas of South Africa. But sudden and severe weather events present increased dangers and risks to motorists and pedestrians alike.