Category: General
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New growth prospects for Indwe after African Rainbow Capital deal
A joint venture between African Rainbow Capital (ARC) and Sanlam to buy shares in Indwe Broker Holdings (Indwe) has been approved. ARC will acquire a majority shareholding of Indwe, while 25% shareholding will belong to Sanlam and Santam retains 24%. ARC is a wholly-owned subsidiary of Ubuntu-Botho Investment, Sanlam’s empowerment partner, and ARC’s directors include…
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What is the impact of RABS?
What is the impact of RABS? The Road Accident Benefit Scheme (RABS) bill was published in 2014 and is intended to replace the current Road Accident Fund (RAF). However, if this proposed legislation is signed into law, what effect will it have on road users in South Africa? The RAF was established to protect the…
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Let us protect the things you care about
We all know how important it is to be insured, however, as we buy or receive new items we often forget to reassess our policies or see to what extent our possessions are adequately covered. Here are a few things that we tend to accidentally leave out of our policies. BICYCLE GEAR We know that…
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Make sure your claim is not rejected
We all need insurance to prepare for the unexpected, however, we’ve all heard horror stories of insurers refusing to pay out when you need it most. So how can you ensure that your claims are not rejected? Joe Szemerei, Executive Director – Individual & Volume Business at Indwe Risk Services explains: “Sometimes claims are rejected…
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