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In the dynamic world of business, unexpected events can strike at any moment, threatening the stability of even the most well-established enterprises. “From property damage caused by natural disasters to lawsuits from disgruntled customers, the need for comprehensive business insurance cannot be overstated,” says Peter Olyott, CEO of financial services provider, Indwe Risk Services (Indwe).
Brokers who are keen to add value to their commercial and individual clients will do well to consider including personal accident cover in their product suite. David Honeyman, Business Head: Accident & Health at SHA Specialist Underwriters reckons there are opportunities to improve personal accident and group personal accident penetration by working through intermediated distribution channels, and fine-tuning solutions for industries.
Santam, South Africa’s largest short-term insurer, confirms that over the past 48 hours the company has been dealing with multiple claims caused by inclement weather that has impacted parts of the Western Cape province.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?