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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.
The recent hacking of the Gautrain Management Agency’s systems by an IT specialist which could have given the suspect access to funds in excess of R800-million belonging to staff serves as a timely reminder to all local businesses about the increasing number and severity of cybercrime attacks on local businesses.
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.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?