Explore the Category
With the move to level 2 lockdown, many restrictions have been relaxed to allow greater personal freedom and to open-up our crippled economy. More people might be returning to work and also with interprovincial travel permitted this will result in more cars on the roads and an increased likelihood of accidents.
Insurers around the world have endured an extremely tough 2020 due to the significant fallout from COVID-19, and they appear to face another unwelcome threat in the form of Amazon selling car and motorcycle insurance, says GlobalData, a leading data and analytics company.
The South African vehicle industry continues to see a downward trend in vehicle sales since last year.
The Australian motor insurance market is forecast to contract by 4.4% in 2020 due to COVID-19, a sharp decline from 3.6% growth in 2019, according to GlobalData, a leading data and analytics company.
How is your business leveraging the efficiencies and scale offered by technology without diluting your human edge?