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Why every SME requires unique insurance solutions

19 January 2017 | Product Offerings

Running a small business is an extremely challenged undertaking and one that comes with plenty of financial risks. Not only do emerging entrepreneurs have to contend with issues like cashflow and resource management, but they’re also particularly vulnerable to threats like theft and product damage, which can be crippling for any enterprise just getting off the ground.

Businesses encouraged to review their insurance policies with more wildfires expected

19 January 2017 | General

In the past three weeks, fires throughout the Western Cape have destroyed several historical buildings, residential properties, businesses and farms. With claims now starting to flow in, according to insurers, the total cost of the damages are increasing on a daily basis. Latest figures estimate that the cost of the damages in the Somerset West region alone are already in excess of R100m.

Short term Insurance claim trends and unforeseen risks

16 January 2017 | General

By nature, the short term insurance industry is a volatile one. To highlight the changes in the industry, would be to highlight the overall challenges that have affected the financial services industry as a whole.

Storing valuables in a bank safety deposit box still the safest option

13 January 2017 | General

The recent heist at a FNB branch lead to hundreds of clients’ safety deposit boxes to be robbed on New Year’s evening. This incident has led consumers to query how safe bank vaults are and whether there are any insurance implications should their valuable items be stolen from the deposit box.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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