Cyclone Irina highlights need for comprehensive business insurance for SME’s
Earlier this month KwaZulu-Natal was affected by cyclone Irina, causing numerous floods and structural damage in the process. While the last cyclone of this magnitude was recorded in January 1984,...
View ArticleHolistic approach needed when it comes to business cover
Business insurance can be complex and is shaped by individual needs and the unique sector specific risks of a particular trading enterprise. Each industry and enterprise faces unique risks and hence...
View ArticleBusinesses urged to check cover as strike action possibly spreads to ports
The threat of the ongoing truck drivers’ strike action spreading to South Africa’s ports and harbours as well as the country’s rail network, following the call to action by the biggest transport union,...
View ArticleDon’t assume no risks changed at New Year
2013 is now firmly underway and it’s time to check what’s changed in your clients’ circumstances including ‘limit creep’ and supplier price hikes which will impact replacement values. As a broker, your...
View ArticleDo advisers need to fix their thinking about business assurance?
According to the most recent PwC Global Wealth Management Survey, clients’ perceptions of the value of their advisors shifted significantly after 2008. Being able to provide a wide range of products at...
View ArticleAligning bottom line and customers’ demands
2013 Growth opportunities must be carefully nurtured by industry players. A watchful eye is required on a multitude of issues, ranging from combating fraudsters to complying with wave after wave of...
View ArticleTax Implications of Key person insurance.
Once you have appropriately identified that a key person insurance policy is the solution to your clients needs it is important to inform your clients of the income tax consequences of such a policy....
View ArticleBusiness Insurance – Not taken seriously
Tony van Niekerk spoke to Deon Theunis, Head: Distribution Support, Sanlam Business Markets, about business insurance, especially in the SME market, and where we should focus to get financial planners...
View ArticleMarketing business insurance to major professions and trades in the UK
Expenditure on commercial non-life insurance by small businesses and self-employed individuals in the UK with a turnover of up to £5 million is likely to total around £5.21 billion in 2013, according...
View ArticleBusinesses must step up security for the festive season
Crime continues to be one of the biggest challenges facing South African business. As companies brace for the unfortunate onslaught of crime that characterises the festive season, Auto & General...
View ArticleBusiness Interruption 101
While your property or assets insurance covers the damage to physical property or equipment and replaces the actual assets, business interruption is vitally important to tide The post Business...
View ArticleAccelerating change is the new normal
It would be safe to say that every single business has been affected by the outbreak of Covid-19. Not only are there new regulations governing the way businesses operate, but regulations also keep...
View ArticleDiscovery Business Insurance updates address the changing needs of SMEs
Discovery Insure CEO, Anton Ossip, recently announced enhancements to Discovery Business Insurance’s offering. This includes a partnership with MTN to give businesses up to 50% back on their monthly...
View ArticleHoliday rentals: Don’t take on unnecessary risk for short-term gains
By: Jason Mellow, MiWay Head of Business Insurance Well, what a year it’s been – and the tourism industry has been one of the hardest hit. Among the casualties, the once-booming industry providing...
View ArticleKing Price gears up to grow broker channel, commercial book
King Price King Price has brought industry heavy-hitter Susan Grobler on board to head up sales in their business insurance division and strengthen their broker channel. Having been inducted into the...
View ArticleInvitation to beta-test Bi-me, the digital broker for small business
Most small businesses and start-ups in South Africa don’t buy insurance because it’s too onerous, costly and time-consuming, forcing them to gamble with their future. Until now, that is. Bi-me, a...
View ArticleSantam Appoints New Head of Niche Business Insurance
Santam, South Africa’s largest short-term insurer has appointed Nokuthula ‘Thuli’ Manyoha as head of its’ niche business insurance unit, with effect from 1 July 2022. Manyoha, a Chartered Accountant,...
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