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Keith Kennedy, executive general manager for Claims at Mutual & Federal says that for every R1 a policyholder pays towards his or her monthly premium, 60% to 70% is spent on claims.
The premise, "the more you know the less likely you are to be surprised" is particularly relevant to insurance policyholders, says Gari Dombo a senior executive at Alexander Forbes Personal Services.
Mutual & Federal’s vehicle accident management process (VAMP) is proving to be successful and should be available in all nine provinces across South Africa by the end of the year.
"An increase in the awareness of compliance issues due to the King II report, has highlighted the onerous liability placed on directors and officers of companies," said Catherine Ferreira, a director of specialist services at Alexander Forbes Risk Service
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?