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Vulnerability in our vehicles and on our roads

26 October 2016 | Motor

Efficient transport infrastructure, encompassing maritime, aviation, rail, roads and public transport, is one of the key variables required for sustainable economic development. People and goods need to move into and out of, as well as in and around, the country with reasonable ease, affordability for commuters and cost value for business, and security. South Africa has world-class infrastructure, yet our roads remain some of the deadliest on the planet.

Social media liability insurance a must in our digital world

24 October 2016 | General

A study by World Wide Worx and Fuseware has revealed that Facebook is being used by about 13 million South Africans, which is a quarter of the country’s population. All these people have the means to write, publish and circulate articles and video recordings faster than newspapers and television stations. This uptake in social media has however landed many individuals in hot water for posting defamatory content or offending a certain group of people.

Counting the real costs of hail: denting not just your car but the economy too

24 October 2016 | General

A big hail storm has wreaked havoc in parts of Bloemfontein yesterday with claims for damage to homes and vehicles streaming in at South Africa’s largest general insurer, Santam today. In a short period of time a hailstorm on the M1 North of the William Nicol highway in Johannesburg can cause extensive damage to a vehicle. For the insurance industry, a hailstorm lasting 20 minutes in two to three Pretoria suburbs could cost up to R100 million in claims for damage to vehicles and homes.

SHA launches new tool to improve policy renewal process

19 October 2016 | General

Renewing a liability insurance policy can be a complicated process mainly because brokers generally need to get their client to complete an application form before the terms for the forthcoming period will be released. Most people dread completing such cumbersome forms and feel like it is a waste of their time, especially if the client’s basic information hasn’t changed from one year to the next. As a result, SHA has developed an efficient way to make renewals a less complex procedure by streamlining the process with use of technology.

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