Cell CaptivesPublished: Fri, 09 Nov 07 Cell captives, among other benefits, provide the cell owner with the ability to legally act as an insurer without having to incur the expenses and burdens associated with founding and running their own insurance company.
Neil Ashcroft, executive head of marketing and client service at Centriq, the first BEE ...
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Santam rewards SA’s top players in risk managementPublished: Thu, 08 Nov 07 Santam, the country’s largest short-term insurer, last night honoured and rewarded the visionary yet ‘unsung heroes’ of the risk management industry at the Institute of Risk Management of South Africa (IRMSA) annual conference held at the Indaba Hotel in Johannesburg. Greg Ker-Fox, Group Risk Manager at Murray ...
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Gerling General of South Africa Limited undergoes name changePublished: Thu, 08 Nov 07 With immediate effect Gerling General of South Africa Limited shall be known as HDI Gerling of South Africa Limited.
There are no other changes to shareholding or to their position in the South African market.
Says Ken Croly, Managing Director of HDI Gerling of South Africa “Our new name better reflects ...
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Broker commission - worst of all possible worldsPublished: Wed, 07 Nov 07 Because the FAIS promise was not kept, we now have the worst of all possible worlds in relation to the regulation of broker’s commission.
When the Policyholder Protection Rules were originally proposed as a forerunner to the FAIS Act the promise was that ultimately the market would operate, full disclosure ...
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Working ethically, professionally and effectivelyPublished: Wed, 07 Nov 07 The Institute of Directors in Southern Africa (IoD) has been at the heart of the debate about directors’ roles and responsibilities and has been delivering director development programmes for 7 years. The IoD has provided guidance on the way in which organisations, directors and executives can flourish and work ...
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Registration for RIMS 2008 is now OPENPublished: Sun, 04 Nov 07 At RIMS 2008 Annual Conference & Exhibition on April 27-May 1 your mind will be working at the speed of light. We've got inspiring keynote presentations, spectacular special events and more than 130 mind-blowing educational sessions guaranteed to excite you—and motivate your risk strategy.
You've ...
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Financial Services Board three part financial literacy seriesPublished: Sun, 04 Nov 07 We have posted this series in the Resources Section. The first part is about making the most of your money while the second part is on how to use your money wisely.
The third part will put you on the path to a secure future by showing you how to make your money work for you.
Read these and discover ...
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Shayela Approved: Defensive DrivingPublished: Sat, 03 Nov 07 As the catastrophic carnage on our roads accumulates and costs are spiralling out of control, Shayela is sure that the standards that are being delivered, is having an impact on those that complete the course which is addressing mostly the mental approach to driving and smooths the physical ability. Of ...
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The members of SAFSIA and IBC vote in favour of the mergerPublished: Fri, 02 Nov 07 The South African Financial Services Intermediaries Association (SAFSIA) and the Insurance Brokers Council (IBC) are pleased to announce that their members have voted in favour of the proposed merger at their special general meetings held on 01 and 02 November 2007, respectively.
In August 2007 the boards of ...
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South Africa’s first insurance aggregator site is launchedPublished: Wed, 31 Oct 07 South Africa’s first insurance internet aggregator site, www. hippo. co. za, was launched this month with the promise to eliminate endless hours of shopping around for the best insurance deal.
The aggregator, hippo. za is an innovative search utility that allows busy consumers to solicit the most competitive ...
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Multiple factors conspire to increase motor vehicle insurance premiumsPublished: Mon, 29 Oct 07 Short term insurers have had a tough time in the last couple of years thanks to poor motor portfolio results. While these losses are taking a while to affect vehicle insurance costs, Gari Dombo, Managing Director, Alexander Forbes Insurance, believes more rate hikes are inevitable.
Dombo is also of the opinion ...
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Time Barring Compliance SurveyPublished: Fri, 26 Oct 07 At the recent Financial Services Board (FSB) Short-term Advisory Committee meeting held on 1 October 2007, the FSB raised concerns regarding compliance with the period within which customers may challenge insurers’ decisions after rejecting a claim. This follows comments made by some of the Constitutional ...
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"Pay as you drive" Information: a note from the EECPublished: Thu, 25 Oct 07 My online colleague from Spain has been monitoring pay as you drive developments in Europe and I have to say it is rather fascinating to see the buzz surrounding this at the moment in Europe. I reproduce below un-edited Salvador’s latest update in this regard:
In Spain we should underline the ...
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Santam continues to insure Citi Golf driversPublished: Thu, 25 Oct 07 Santam, the country’s largest short-term insurer, says it will continue to insure Citi Golf vehicles and related models, despite the fact that these vehicles are considered high risk in terms of hijacking and theft. The company will however require that all new or existing policies where City Golfs are added (all ...
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Santam named top short-term insurerPublished: Thu, 25 Oct 07 Santam has been recognized as the ‘short-term insurer of the year’ for the period 2006 to 2007 by the Tygerberg Insurance Brokers Council (IBC).
Every year, the Tygerberg IBC gives recognition to insurers, production houses and/or service providers for outstanding service, products and the adherence to ...
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Extended passenger liability for tour operations within BnB partnershipsPublished: Sat, 20 Oct 07 Over the years BnB Sure have frequently been asked if they can extend their policy to include the situation where perhaps one partner runs a B&B or guesthouse and the other partner in the business has a tour operating company and our problem has been that we have not been able to provide the passenger liability ...
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