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Motor insurance industry marked by mistrust and conflict

11 June 2015 | Motor

FAnews recently chatted to Peter Todd, Founder of Repair Solutions, about motor insurance, and according to Todd, motor insurance represents more than 50% of total industry claims, which makes the motor repair industry the single biggest supplier to the insurance industry. Yet for decades the relationship between insurers and repairers has been marked by mistrust and conflict. This has resulted in clients not always enjoying the best experience.

Escalating cyber-attacks demands specialised cyber insurance solutions

03 June 2015 | General

Cyber-attacks are escalating in frequency and intensity, posing a growing threat to businesses and countries’ national security. South African companies in ever-larger numbers are seeking financial protection through insurance, buying coverage for losses from data breaches and business outages.

Mistakes to avoid when taking out business insurance

02 June 2015 | Commercial

The costs of insurance is one of the biggest bugbears for many businesses, but those that under-insure or purchase inappropriate cover run the risk of substantial losses, says Bryan Verpoort, Head of Corporate and Business Insurance at Standard Bank.

Understanding the intricacies of motor insurance excess

02 June 2015 | Motor

When consumers take out a motor insurance policy it is of critical importance that they pay enough attention to the excess structure set out in the policy. This will enable them to have a clear understanding of their financial obligations should they be required to submit a claim, thereby avoiding any unexpected costs.

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If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?

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