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Homeowners’ policy does not cover insured as fitness instructor (US)

04 May 2017

An Arizona appeals court has ruled that a claim by a woman who had a stroke during a fitness-club workout is not covered by the instructor’s homeowners’ insurance policy because the business exemption applied.

Digitizing the insurance value chain

02 May 2017

If you are interested in using hi-tech to get your insurance or other financial services business to the front of the curve, you should read this.

Laws amendment to accommodate demarcation regulations

25 April 2017

The pending changes to the Medical Schemes Act and the Long-term and Short-term Insurance Acts to accommodate the demarcation regulations were made on 1 April 2017 including the new definition of ‘business of a medical scheme’.

What is a written demand for damages or relief?

31 March 2017

A professional indemnity policy required the insured to give notice to the insurer of any ‘written demand for monetary damages or non-pecuniary relief’. A letter from solicitors reserving rights to pursue a claim and expressing the view that there was a strong claim against the insured was held not to be a written demand and therefore there was no late notification.

quick poll

Question

Do you think short-term insurance broking will survive the AI plus humanoid robotics age?

Answer

Human first always Not a chance Possibly maybe Yes, but reimagined

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