Category: Motoring
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Has the insurance broker become an endangered species? By Peter Olyott, Managing Director, Indwe Risk Services (Pty) Ltd
‘Cut out the middleman!’ ‘Save on broker commissions!’ ‘Personal insurance is becoming increasingly commoditised’ ‘It’s all about price!’ No matter how true or accurate, if you repeat something often enough it is believed, particularly in the public domain. Within the insurance industry, we have reached a stage where even brokers and other intermediaries are starting…
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Transporting abnormal loads and hazardous goods: Insuring against potential losses
Certain vehicles and loads cannot be moved on public roads without exceeding the limitations in terms of the dimensions or mass as prescribed in the Regulations of the National Road Traffic Act. According to Steve Cornelius, Head: Specialist Risk – Automotive and Transportation at Indwe Risk Services “Where such a vehicle or load cannot…
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FIVE BASIC FACTS YOU SHOULD KNOW ABOUT CAR INSURANCE
Vehicle insurance is one of the more expensive types of insurance. Here are the basics to bear in mind when buying a car: 1. Every insurance company charges differently You can save a lot of money just by shopping around for car insurance quotes, and it’s the best way to ensure a good rate. However,…
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Vintage and Classic Car Insurance – Ensure your ‘golden oldie’ is properly insured
The allure of vintage vehicles is self-evident; it fulfils a part of us that is enthralled by the enduring appeal, ground breaking technology and design directions of the day. These vehicles also refer to a particular way of life, which has now largely been consigned to history books and museums. In a way vintage vehicles…
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The Pitfalls of Short Term Insurance and how Road Transport Management System accreditation can assist to avoid them
By Steve Cornelius – Head of Specialist Risk: Automotive & Transport at Indwe Risk Services. Insurance is a financing method used by fleet owners to protect themselves against the financial impact of unforeseen events such as accidents and theft. By accepting his premium, the fleet owner is under the impression he’s covered for all insured events. Sadly this…
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