Short-term

RAF Disability Cap Payout Threatens

September 1, 2009
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…
Short-term

Claims made: A South African Case

September 1, 2009
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…
Short-term

Sustainability Management a challenge

September 1, 2009
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…
Short-term

Construction Complications

August 1, 2009
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…
Short-term

Specie Insurance: An update

July 1, 2009
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…
Short-term

Managing a crisis

July 1, 2009
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…
Short-term

Training Wizard - Combined Policy versus Fire Policy

July 1, 2009
When cover should be termed “buildings combined cover” or “fire and allied perils cover” (“fire policy”) is often confused and misunderstood. While ”buildings combined cover” does include all the perils and covers offered under the…