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Non-life Insurance

 

Non-life Insurance / 23-10-24 / Kwanele Sibanda

Annual "Stats Report" from IUMI shows positivity for all lines of business

“Our data relating to 2023 demonstrates positive market development for all lines of marine insurance. The global premium base continued to grow and this, coupled with a relatively benign claims environment, generated encouraging overall results…

Non-life Insurance / 23-10-24 / Sisanda Ndlovu

Ambledown celebrates 21 years of gap cover excellence

"The rising complexity of surgical interventions and multiple procedures for the same condition have sharply increased the average cost per claim. Combined with the widening gap between scheme tariffs and provider charges, this has significantly…

Non-life Insurance / 18-10-24 / Sisanda Ndlovu

Solutions needed to weather climate change for SA food security

"This gathering is vital for forging partnerships that unlock investment across Africa. By focusing on infrastructure development and technological innovation, we can secure the future of food security on the continent," says Ben Leyka, CEO…

Non-life Insurance / 16-10-24 / Tommy Jackson

Lloyd's geopolitical conflict scenario sees global economy exposed to $14.5tn loss

"Lloyd's is supportive of public-private efforts to avoid global crises such as shortages of vital commodities and is committed to helping businesses remain resilient and prepare for the risks from widespread disruptions and financial loss from…

Non-life Insurance / 16-10-24 / Daniel Stevens

Daniel Stevens | Supporting the heroes who keep food on our tables

"Long-term temperature shifts and weather patterns continue to create an increasingly hostile agricultural environment characterised by natural disasters. It is therefore more crucial than ever that the country’s farmers receive as much support…

Non-life Insurance / 16-10-24 / Sisanda Ndlovu

OM Insure champions road safety in 2025 car of the year competition

"We're thrilled to be a part of this competition again. Since its inception in 1986, COTY has set automotive benchmarks and rewarded excellence. Last year saw an exceptionally high standard of entries, and we cannot wait to see what this year's…

Non-life Insurance / 16-10-24 / Sisanda Ndlovu

The financial armour your business needs: trade credit insurance

"Trade credit insurance helps businesses evaluate and manage their risk effectively. It provides a safety net, allowing companies to make informed decisions and maintain financial stability even in the face of unexpected challenges," explains…

Non-life Insurance / 16-10-24 / Tommy Jackson

IUMI issues best practice recommendations on the use of "flexitanks"

“The use of flexitanks has grown significantly in recent years mainly due to reduced transportation costs when compared with a tank container. But this method, if not correctly managed, is easily prone to damage. And once a flexitank is ruptured…

Non-life Insurance / 09-10-24 / Tommy Jackson

Cybercriminals targeting SMMEs serving critical infrastructure providers

"For these smaller companies, the implementation of robust cybersecurity measures, and insuring against the effects of a breach are often constrained by budget. However, these costs must be factored into monthly operational costs," says George…

Non-life Insurance / 09-10-24 / Sisanda Ndlovu

Insuring beyond aesthetics: risks faced by interior designers

"Many designers mistakenly believe their profession is low-risk and that insurance isn't necessary for them. However, legal claims can easily arise from errors such as incorrect specifications or designs that aren't fit for purpose, leading…

Non-life Insurance / 09-10-24 / Sisanda Ndlovu

Commercial crime risk and insurance: what your business needs to know

“Cyber liability cover will respond to data and/or connectivity being affected by a cyber breach and the resulting Business Interruption (BI) thereof. It would also respond to third-party liability where data and personal information are compromised,"…

Non-life Insurance / 09-10-24 / Lindani Khumalo

Proceed with caution: how potholes can damage your vehicle

“Potholes are not just an inconvenience; they pose a serious threat. The severity of damage to your vehicle depends on the speed at which you hit the pothole, the size of the hole, and your vehicle’s condition,” warns Siyakha Masiye, spokesperson…

Non-life Insurance / 09-10-24 / Lindani Khumalo

E-hailing insurance cover: understanding its implications

“While earning extra money by delivering food as an Uber Eats driver or transporting passengers sounds appealing, it's important to be informed about the associated risks. Many vehicle owners might not realise that using their personal vehicles…

Non-life Insurance / 03-10-24 / Karen Rimmer

Vital role of insurance advisers: safeguarding businesses against disruptions

According to Karen Rimmer, Head of Distribution at PSG Insure; by providing expert guidance and tailored insurance solutions, advisers can help business owners to mitigate potential financial losses by safeguarding their assets and serving as…