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South Africa’s only special risk insurer, Sasria SOC Ltd, has relaunched its Wrap Cover, restoring a critical layer of insurance capacity for large corporates facing escalating risks linked to civil commotion, riots, strikes, public disorder and Terrorism.
Over the past few years, higher excess structures have become increasingly common across short-term insurance.
Navigating the complexities of professional indemnity (PI) insurance requires a clear understanding of the distinct differences between claims-made and loss-occurrence policies.
There is a common misconception that having insurance guarantees a successful claim. After all, premiums are paid every month with the expectation that, when something goes wrong, the policy will kick in.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?