Short-term

Damage to tangible property

It is a small world. Notwithstanding the different approaches of civil and common law jurisdictions, the Court’s approaches to insurance claims are not dissimilar. That is illustrated by the judgment of the Tel Aviv District…
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RAF Disability Cap Payout Threatens

With Road Accident Funds (RAF) payouts capped at a salary of R160 000 per annum, companies need to reconsider the effectiveness of their employee benefits insurance schemes. In the past, attorneys secured settlements of up…
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Claims made: A South African Case

This article discusses the South African case involving the claims made policy, that of Van Immerzeel and another v Santam Ltd 2006 3 SA 349 SCA. First, we will recap and place the case in…
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Sustainability Management a challenge

Cover chatted to Elias Masilela, Sanlam’s newly appointed head of corporate affairs and retirement reform, about the increasingly important role of sustainability management in South African business as well as developments within corporate social investment…
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Construction Complications

Collapsing walls and building regulations The insured owned an industrial building in Vryheid which was surrounded by a boundary wall. In February 2007 a storm was experienced with high winds reaching 91,2 km/h which caused…
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Specie Insurance: An update

In this age of specialisation it is both fitting and good business sense for a company to offer a specialist, focused product and service; this is particularly true for Specie insurance, which hones in on…
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Managing a crisis

COVER Magazine interviewed Steyn McDowall, Strategic Account Manager, Aon Global Risk Consulting, about Aon’s new Crisis Management Operations Centre. With more and more South African companies operating or investing in countries with hostile or politically…