Policy holders who have violation cover for their motor vehicle should always remember, in the event of their claim being repudiated by their insurer, due to unintentional violation or non-compliance, to check with their financial…
Subrogation Mauled
December 1, 2010
This is a matter of the small case which went horribly wrong. Subrogation was completely misunderstood. The insurers by way of a subrogated recovery instituted action in the Magistrate’s Court for R16 000-00 in respect…
Proposed amendments to the Short-term Insurance Act
November 1, 2010
Proposed amendments to the Short Term Insurance Act have been welcomed by financial services group, RBS, as being well-thought out and bringing clarity to the industry. The draft that is now released is well thought…
Insuring the World Cup - looking back
November 1, 2010
In June 2008, after a suggestion by the IISA’s Theo Vels, I went to SAFA House to be part of the World Cup 2010 insurance tender evaluation team. I was offered the job as Insurance…
Does an insurer have a duty to defend an insured?
November 1, 2010
A question which has received a great deal of attention in other countries, especially the USA, but virtually none in South Africa is: does a liability insurer have a duty to defend an insured? The…
Hospitality insurance at a glance
November 1, 2010
Thanks to the Soccer World Cup, the hospitality industry is booming. As the industry grows in South Africa, more hospitality-type business owners rely on their establishments as a primary or sole source of income or…
Confidence is returning to the airline industry with airlines predicting a 13% increase in passenger numbers in 2011, according to Aon, the world’s leading insurance broker and risk manager, in its Airline Insurance Market Indicators,…
Mutual & Federal ensures its broker force is highly efficient and can compete with other distribution channels
November 1, 2010
The aim of this development is to support our Personal Lines business, thereby ensuring our brokers maintain a competitive advantage in the industry by having access to state-of-the-art telephony and technology. Technology and the extensive…
