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The price of motor insurance could decrease once South Africa’s motor insurers begin sharing data and implement a process of placing all driving records and policy details online – whether shared or otherwise – in a strategy called ‘digitisation’.
It is not uncommon for matriculants to celebrate the end of their schooling years and final exams by going on a holiday with friends, commonly known as Matric Rage. Caution needs to be taken during this time, however, as the sharing of driving responsibilities or any drinking and driving can have a massive impact on any insurance claims resulting from an accident.
Auto & General Business Insurance has extended its motor vehicle insurance offering to include heavy commercial vehicles up to 10 tons. Clients can now cover their trucks as part of their combined Business Insurance policy.
The introduction of a “no-fault” 30-day period which would allow all accident victims to receive medical treatment, is but one of the benefits contained in the draft Road Accident Fund Amendment Bill, 2014 (the Bill) recently published for public comment.
How is your business leveraging the efficiencies and scale offered by technology without diluting your human edge?