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Prescription and time-bar clauses - no time to snooze...

01 November 2012

If you have ever been hunted down by a debt collector over a forgotten student loan, you will probably know all about prescription. Prescription is a powerful defence for a debtor, who can wriggle out of the debt if enough time has lapsed. For someone owed money, prescription can be an unmitigated disaster. How is the concept applied in the insurance space?

Does the fee versus commission debate extend to the short-term arena?

01 November 2012

Over the past few months we have become aware of rumours about the insurance industry acting irresponsibly in chasing the best binder fee. There are horror stories of intermediaries, insurers and underwriting managers chasing books of business based on fees only – with little or no regard to the interests of policyholders.

The future of technology and group schemes

01 October 2012

Historically insurers held all policy and claims data on their own platforms. With the emergence of the group schemes model in the South African short-term insurance market some underwriting administration and policy and claims functions are moving from individual insurers to broker platforms.

Aftermarket automotive parts remain a contentious issue

01 October 2012

The recent decision by the Gauteng North High Court in BMW versus Grandmark International has sparked lively debate. BMW took the importer and distributor of aftermarket automotive parts to court for infringing a number of its design patents. Is this the first step toward cheaper motor accident repairs?

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

View the Results

What you need to know about your client’s subrogation rights

01 October 2012

How to crack the “Policy Wordings” code

01 October 2012

Directive 159: The full impact of Directive 159 will only be known over time!

01 October 2012

The battle lines are drawn in the fight against insurance fraud

01 October 2012

Leap-frog the competition with smart credit risk strategies

01 October 2012

Pause, reflect – CELEBRATE – and prepare to engage further

01 October 2012

Show fire risk the door with specialist underwriting

01 August 2012

The Loss Adjuster : Friend or foe?

01 August 2012

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Magazine Archives FAnews & FAnuus / Short Term

Prescription and time-bar clauses - no time to snooze...

Does the fee versus commission debate extend to the short-term arena?

The future of technology and group schemes

Aftermarket automotive parts remain a contentious issue

What you need to know about your client’s subrogation rights

How to crack the “Policy Wordings” code

Directive 159: The full impact of Directive 159 will only be known over time!

The battle lines are drawn in the fight against insurance fraud

Leap-frog the competition with smart credit risk strategies

Pause, reflect – CELEBRATE – and prepare to engage further

Show fire risk the door with specialist underwriting

The Loss Adjuster : Friend or foe?