In recent months, there has been increased focus on the phased implementation of the Compensation for Occupational Injuries and Diseases Amendment Act 10 of 2022. Although COIDA does not form part... 

Virtually every short-term insurance policy contains a Disclosure Notice or Disclosure Clause. This principle is equally applicable   in the Life Insurance Industry, although the wording and... 

By : James Bishop When a loss occurs, most businesses focus on the obvious: repairing damage, replacing assets and getting back to full operation. What often gets overlooked is the cost of proving... 

We are nearing the end of another year in the insurance industry - a time to reflect on both achievements and the inevitable setbacks. While some outcomes may not have gone as planned, every... 

Reinstatement of the sum insured Other than Public Liability policies, there are policies that refer to a sum insured versus a limit of indemnity. When it comes to a sum insured under a policy, the... 

By: Kobus van Niekerk Most short-term insurance policies are annual policies with a predetermined premium, which can be paid monthly. Historically, many Financial Service Providers (FSPs) have... 

By: Kenneth Lourens Understanding Power Surges 

By: George Jennings When flying an airplane, the pilot has no control over the tailwinds and the headwinds. The pilot’s control is to steer the aircraft safely through the prevailing conditions.... 

by George Jennings & Kobus van Niekerk 1.Introduction to underinsurance 

When undo is not an option by George Jennings & Kobus van Niekerk It is important to bear in mind that insurance requirements should be up to date and comply with the key insurance terms and... 

The ‘magic’ of insurance Whether a natural or legal entity, we are all subject to risk. Sometimes with unpleasant consequences. Often, people take risks deliberately with the intention to make a... 

When it comes to Engineering Insurance Consequential Loss, there are various policies that can be considered. These policies are designed and intended to provide for Consequential Loss following an... 

By George Jennings & Kobus van Niekerk When standard does not make the grade 

Construction plant and equipment requires substantial capital investment. It is therefore important that the sum insured requirements are correctly reflected in the insurance policy concluded by... 

By now we are all looking forward to the end of the year. However, not without being faced with the dilemma of having to “batten down the hatches” and review risk mitigation measures, to take care... 

It is the energy from the sun that causes the sea breeze to show up on a sunny afternoon. As inland areas heat up, the air warms, causing it to rise. As a result, cooler air moves in from the ocean...