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Lightstone, provider of comprehensive data, analytics and systems on automotive, property and business assets, have revealed that out of the five main provinces in South Africa, Gauteng has the highest number of fire risk days during June, July and August between the years of 2012 to 2014.
Is the insurance industry prepared for the upcoming storm season? This is the question the industry is asking as it braces itself for what may well turn out to be another hectic period for insurers.
Recent harsh weather conditions combined with the weakening Rand and the labour environment have put a strain on short-term industry, leading to significant declines in insurers’ underwriting profitability over the past year, said Anton Ossip, CEO of Discovery Insure, on Tuesday.
Beame revolutionised the tracking industry in the pioneering launch of a wireless tracking unit. The brand, in just three short years, took the market by storm and offered an affordable, wireless solution with benefits to consumers everywhere – the most important being one of the best recovery rates in the industry.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?