Categories
General

Santam to acquire 100% of Indwe Broker Holdings

Dear Business Partners “Progress is impossible without change and those who cannot change their minds cannot change anything!” – George Bernard Shaw Amidst all of the happenings in our lives, as a business we too are not immune to change. Along our journey as a company, we have morphed and adapted to many changes over […]

Categories
General

Kidnapping is on the rise and high-net-worth individuals are at risk

It may seem like the plot of a bad Hollywood action movie, but we can assure you it’s all too real. Wealthy South Africans and those close to them are becoming targets for criminals looking to make a quick buck – and if it’s not something you think could happen to you, it’s time to […]

Categories
General

SHARI’AH-COMPLIANT INSURANCE IN SA – WHAT IT IS AND THE UNDERSERVED MARKET WHO AWAIT IT

By Vanessa Rogers on behalf of Indwe Risk Services (Authorised FSP 3425) and MC de Villiers Brokers (Authorised FSP 7241) Muslims make up about three percent of South Africa’s population of nearly 60 million people. This equates to 1,8 million Muslims. Looking ahead, and with South Africa being a delightfully diverse place in which to live and do […]

Categories
General

Why insurance policy renewals are important

Non-life insurance policies are originally issued for a 12-month period and they must be renewed annually on the anniversary date of inception of the policy. This renewal is effectively the continuation of cover, which is extended when both parties agree to continue with the relationship for another year. Insurance companies review the premiums, terms and […]

Categories
General

The importance of drones in insurance

How drones have changed the insurance landscape For decades, insurers have relied on traditional, predominantly manual methods of assessment to underwrite insurance policies, determine fair premiums and manage difficult claims. This lengthy process often includes an assessment of the client company’s risk management controls, including safety practices, fire prevention and detection, and incident records, claims […]