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Vuyisani Titi, CEO of Lynx Transport Underwriting Managers, underwritten by GENRIC Insurance Company Limited, unpacks the risk and insurance challenges facing heavy commercial vehicle (HCV) operators in the current transport operating environment, both in terms of the vehicle assets and the goods in transit.
Climate change is real – and it’s not only driving a massive uptick in the number of weather-related disasters in South Africa in recent years, but it’s going to change the way insurers help society to manage risks better in the future.
With heavy rains and floods having hit large parts of the country, KZN officially declared as a disaster area and more rain forecast in the coming days, Auto & General Insurance is urging South Africans to take the necessary precautions to ensure that they, their loved ones and their possessions are safe.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?