Explore the Category
Many South Africans rely on their own transport to get from point A to B and as a result, there are more than 10 million vehicles on South African roads according to recent statistics by the electronic national administration traffic information system (eNaTIS). In many cases, people share vehicles or pass them on to family members as they upgrade, thereby changing the profile of the regular driver of the insured vehicle.
Is an international driving license enough to prepare drivers for foreign roads? In New Zealand, even though tourist vehicles make up a small percentage of vehicles on the road, the percentage of crashes involving tourists is much higher. In the UK, the number of truck crashes involving foreign drivers, is eight times higher than the national average.
Insurers commonly offer consumers a ‘no-claims bonus’ if they make no claim against their policy for a specified period of time. Unsurprisingly, the prospect of this financial reward is attractive to consumers, so much so that many choose not to claim from their insurance to avoid losing the cash-back reward or discount on their insurance premiums in years to follow.
The battle of the sexes for domination behind the wheel of a car is an ongoing one, and insurance statistics are often used as evidence of better – or worse – driving ability.
How is your business leveraging the efficiencies and scale offered by technology without diluting your human edge?