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The new wave of telematics

01 October 2013 | Short Term

Telematics has been instrumental in vehicle tracking technology. Now there is no looking back for the benefits to be derived from telematics, for consumers, society and businesses, especially within the insurance industry.

Product recall risk a reality for SA?

01 October 2013 | Short Term

Product recalls are products which are pulled from the market after it was determined that they did not meet industry standards. At a seminar hosted by insurer AIG South Africa, Deon Binneman, an independent reputation advisor warned, “Product recall is a business crisis and must be treated as such. It has the potential to affect your brand and its reputation with stakeholders. It can have a disastrous effect on the share price of listed companies as well.”

“Regulatory Overview” from a short-term insurance perspective

01 October 2013 | Short Term

The South African insurance industry is in the process of undergoing a number of changes, with new regulation being brought in by the National Treasury (NT) and the Financial Services Board (FSB). While practitioners in the short-term industry are worried about the effects these changes will have on their businesses, the South African Insurance Association remains concerned with the impact of the Regulatory Reform on costs, specifically compliance costs, which will ultimately be passed on to consumers, despite any positive impact that the changes may have on the industry.

Verification paves the way for average-free insurance

01 October 2013 | Short Term

For many years, the industry of buildings and contents valuations, has confused the insurance environment with differing terminology. Surveys, asset inventories, valuations, quantifications and assessments are all terms previously used loosely to describe what this fairly new sector actually offers to the market.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

View the Results

Can insurer innovation improve motor insurance statistics?

01 October 2013 | Short Term

Incidental activities and UMAs

01 October 2013 | Short Term

Times are tough

01 October 2013 | Short Term

Third party claims and third party recoveries

01 October 2013 | Short Term

A significant victory for the short-term industry

01 October 2013 | Short Term

Stick with the strong ones

01 October 2013 | Short Term

What went wrong with risk assessment?

01 October 2013 | Short Term

Liability underwriting is a risky business

01 October 2013 | Short Term

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Magazine Archives FAnews & FAnuus

The new wave of telematics

Product recall risk a reality for SA?

“Regulatory Overview” from a short-term insurance perspective

Verification paves the way for average-free insurance

Can insurer innovation improve motor insurance statistics?

Incidental activities and UMAs

Times are tough

Third party claims and third party recoveries

A significant victory for the short-term industry

Stick with the strong ones

What went wrong with risk assessment?

Liability underwriting is a risky business