Non-life / General

Tragedy reminds property owners to check insurance cover

Accidents daily costing the economy R143 billion

While insurance is an essential aspect of recovering financially from a vehicle theft or accident, there are still unexpected costs you may not have planned for, and some which you cannot attach a monetary value to. “The best advice is to mitigate your risk as far as possible with correctly scoped insurance and advice, deploy security measures to deter would-be criminals, to strictly adhere to road safety rules and drive defensively,” says Mandy Barrett, of insurance brokerage and risk advisors, Aon South Africa.

The future of short-term insurance in the face of climate change

Climate change has become a greater concern as heat waves, hail storms, severe flooding and fires become a regular occurrence in South Africa. The effects of climate change are evident and, as consumers claim for damages due to natural disasters, the impact on the insurance industry is significant.

AGCS appoints new global leadership positions in Alternative Risk Transfer and Crisis Management lines of business