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How to make sure your insurance claim is processed quickly and efficiently

21 August 2023

Having adequate insurance for your property and assets can serve as a much-needed safety net when disaster strikes. It’s therefore equally as important for consumers to understand how their policies are structured and what they mean, as it is for consumers to know what to do when accidents happen.

Get rewarded with cash back even if you claim on your insurance

15 August 2023

Car and home insurer, Momentum Insure, is bucking the trend with their newly launched cashback programme - Safety Returns - that rewards clients who take steps to ensure their safety and that of their loved ones.

Getting ahead of the next water outage - tips to protect your geyser

10 August 2023

The recent planned water outage impacted several areas within Gauteng. An outage can cause extensive damage to certain types of geysers, and consumers should be aware of steps that can be taken to reduce what can be potentially costly damage to their geyser systems as a result of future outages.

How smart insurance stops cybercriminals in their tracks

03 August 2023

There are good reasons why cybercrime is keeping insurance brokers, insurers, reinsurers and underwriting managers (UMAs) awake at night. In fact, this criminal activity has grown to such an extent that its ‘cost to the global economy’ now slots into third place on a ranking of country’s by annual GDP: first, United States; second China; and third, cybercrime! This staggering development was shared by Ryan van de Coolwijk, Product Head: Cyber Insurance at ITOO Special Risks, during his presentation to the South African Underwriting Managers’ Association (SAUMA) 2023 Virtual Conference.

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

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