News Updates:

Non-life Insurance


Non-life Insurance / 29-06-22 / Duty Editor

Load Shedding: How to protect your property

Attie Blaauw, Head of Personal Lines Underwriting, says South Africans need to mitigate the damages caused by load shedding by being prepared prior to power going off.

Non-life Insurance / 27-06-22 / Duty Editor

Benefits of short-term insurance to uninterrupted business growth

Karen Rimmer, Head of distribution at PSG Insure shares insight into some of the major issues currently facing SMEs, as well as ways in which entrepreneurs can protect their businesses against unnecessary complications.

Non-life Insurance / 21-06-22 / Staff Writer

The importance of cyber security for small businesses

Apart from the obvious impact of COVID-19 on businesses operations, another C-word – Cyber Security – has become critical for small businesses, especially in the light of increasingly remote work forces, says Philippa Wild, Head of Commercial…

Non-life Insurance / 21-06-22 / Staff Writer

Spike in commercial crime highlights need for formal risk management

The escalation in fraud exposure has necessitated a shift away from the traditional insurance relationship, where a business would view their insurance purely as a means to transferring all risks to the insurer, says Makolo Kalambaie, Underwriting…

Non-life Insurance / 20-06-22 / Jerry Chetty

Dr Jerry Chetty | Risks facing financial institutions

The Insurance Crime Bureau estimated that the short-term insurance industry lost about R7 billion in 2019 due to insurance crime viz 20% of the R35 billion worth of claims paid out, says Dr Jerry Chetty, Manager: Business Integrity Unit at Santam.

Non-life Insurance / 17-06-22 / Tau kaVodloza

Extreme weather impacts everyone - even the affluent

High-value properties in suburbs with expansive views are often more vulnerable to veld fires as well as flash floods, says Tarina Vlok, MD at Elite Risk, a specialist high net worth insurer and subsidiary of Old Mutual Insure.

Non-life Insurance / 17-06-22 / Duty Editor

Triple win for Discovery at the Efma–Accenture Innovation in Insurance Awards

It's humbling to be recognised in a global competition of this nature and to see the impact of the Vitality Shared-value Insurance model, which is making people healthier around the world, says Discovery Chief Executive Adrian Gore, who accepted…

Non-life Insurance / 17-06-22 / Staff Writer

Keletso Mpisane to head up MiWay Blink

Mpisane has been an integral part of the Blink team as Senior Manager: Digital Product and will now assume responsibility for taking the digital product to new heights, says Burton Naicker, MiWay CEO

Non-life Insurance / 15-06-22 / Staff Writer

Santam appoints Nokuthula Manyoha as Head of Niche Business

“Thuli is a well-qualified professional with solid financial services and insurance experience. Her joining the Santam team enhances our depth of expertise and ensures that our business continues to be a market leader in delivering insurance…

Non-life Insurance / 13-06-22 / Duty Editor

MiWay appoints new Executive Head of Claims and Procurement

MiWay has today announced the appointment of Youlon Naidoo as Executive Head: Claims and Procurement.

Non-life Insurance / 09-06-22 / Staff Writer

Protecting South Africa's most vulnerable in times of catastrophe

The reality is that the majority of homes and possessions lost in these floods are not insured as they are shacks, township and rural homes, which for the most part, are uninsurable in traditional insurance markets, says Ntando Kubheka, founder…

Non-life Insurance / 07-06-22 / Staff Writer

Santam buys out 100% of insurtech Jasure

We believe we can open up the potential for increased value-add to our clients and the Santam Group through a 100% ownership. We aim to leverage the existing and powerful client experience and younger market reach of JaSure, while maximising…

Non-life Insurance / 06-06-22 / By Duty Editor

Post-pandemic world heightens risks for shipping industry

The use of non-container vessels to carry containers can raise questions around stability, firefighting and the securing of cargo, according to Captain Nitin Chopra, Senior Marine Risk Consultant at AGCS.

Non-life Insurance / 06-06-22 / Tau kaVodloza

SAIA welcomes FSTC’s State of Transformation Report 2018/19 and 2019/20

SAIA’s contributions include significant contributions to the reform of supplier panels project led by the Competition Commission, as well as a partnership with Insurance Sector Education and Training Authority (InSeta) and the Insurance Institute…