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Allianz Global Corporate & Specialty (AGCS), the corporate insurer of Allianz SE, and Munich Re have jointly developed a new commercial cyber risk insurance solution called “Cloud Protection +.”
On the face of it Transport Minister, Fikile Mbalula’s recent assurances, endorsed by President Ramaphosa, that the Administrative Adjudication of Road Traffic Offences (AARTO) Bill will be enforced from June 2021 is good news for South African road users.
The South African Motor Body Repairers’ Association (SAMBRA) has over the years been one of the strongest advocates for a free market strategy as well as the entrenchment of client’ ‘right of choice’ of service provider.
The policy for the insured valuables that are governed by the “close personal custody and control requirement”, means that the insured property shall be “held by, worn or attached to the insured at all times whilst in transit.”
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?