http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/PressItems/ Insurance Gateway: Short-term Press Room RSS Feed. Thu, 24 May 2012 10:11:59 +0200 Thu, 24 May 2012 10:11:59 +0200 en-za Recent amendments to the foreign film and television incentive scheme - which will benefit foreign film makers through government rebates - will not only result in a positive boost for the South African film industry, but will also benefit related industries such as specialised local insurers, tourism, and catering, helping to stimulate job growth. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5103&URL=Foreign+film+and+TV+incentives+set+to+boost+job+growth Wed, 23 May 2012 18:34:31 +0200 The number of marine vessel strandings along the South Africa coastline should serve as a warning to local ship owners who are sending an underinsured or uninsured fleet out to sea and in time could have a negative impact on the maritime insurance industry. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5102&URL=Local+shipping+industry+should+take+heed+in+the+wake+of+increased+groundings Wed, 23 May 2012 18:27:49 +0200 Whats the best insurance move youll ever make; it wont cost a cent but may save you tens of thousands of rands this year alone? Dont know? Well, according to FNB Insurance Brokers (FNBIB), the answer is simple read your policy and make sure you understand the terms and conditions, especially exclusions and limitations. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5101&URL=Smartest+insurance+move+youll+ever+make++read+your+policy Wed, 23 May 2012 09:24:27 +0200 Since most people are confident that they have a pretty good idea of the value of their property they are often surprised when their insurer thinks differently, and pays them out less than expected in the event of loss. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5096&URL=Make+sure+you+insure+for+the+right+amount+2 Tue, 22 May 2012 11:48:33 +0200 The Law Society of South Africa (LSSA) welcomes the publication of the long-awaited Legal Practice Bill. This Bill has been in the making for more than a decade, and throughout that process, the LSSA has been cooperating with the Department of Justice and Constitutional Development and other stakeholders as it has been of the view that the existing Attorneys Act of 1979 is outdated and needs to be replaced with new legislation that unites the legal profession, complies with the Constitution, the Competition Act and transformation imperatives. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5098&URL=Law+Society+welcomes+legal+practice+bill Tue, 22 May 2012 11:18:58 +0200 LONDON ACE has announced two new management appointments for its South Africa business as it continues to strengthen its presence across emerging insurance markets in its Europe, Middle East and Africa (EMEA) region. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5087&URL=ACE+Insurance+Announces+New+Leadership+Team+for+South+Africa Sun, 20 May 2012 20:14:25 +0200 COSATU has reacted to new proposed amendments to the Labour Relations Act (LRA), particularly pertaining to laws regarding strikes and picketing, with national outcry. Furthermore, other proposed amendments regarding the locations of strikes could directly intrude on third party property rights. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5083&URL=COSATU+protesting+proposed+changes+to+Labour+Legislation+some+amendments+likely+to+be+scrapped+says+ENS Sun, 20 May 2012 18:11:57 +0200 JOHANNESBURG - Vodacom has received the go-ahead to enter the South African insurance market having been recently awarded a long term insurance licence by the Financial Services Board (FSB). This licence, along with the short term licence granted earlier this year, allows Vodacom to underwrite and sell insurance products. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5080&URL=Vodacom+granted+short+and+long+term+insurance+licences Wed, 16 May 2012 15:36:09 +0200 The proposed amendments to the Labour Relations Act (LRA) and the Basic Conditions of Employment Act (BCEA) are causing new controversy, due to potential implications both for employers and employees. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5078&URL=Proposed+amendments+to+Labour+Legislation+causing+concern+for+local+employers+2 Wed, 16 May 2012 10:23:47 +0200 CAPTION - From left: Enjoying a training break: Alex Handcock (Safeonline), Madikane Ramolodi (Camargue), David Page (Richard Oliver International) and Catherine Berry (Camargue). The worlds leading insurance specialist, Lloyds of London, has successfully established itself not just as a company, but rather as a market where members join together as syndicates to insure risks. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5077&URL=Exploring+the+worlds+specialist+insurance+market+2 Tue, 15 May 2012 17:57:16 +0200 Rising concern over issues such as crime, healthcare and education are leading more graduate professionals in South Africa to consider emigrating, according to the latest results from the PPS Graduate Professionals Confidence Index. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5074&URL=More+SA+professionals+considering+emigrating++survey Tue, 15 May 2012 11:32:44 +0200 Company directors and officers can be personally ruined by litigation, says John Neaves of Norton Rose Attorneys and every director is entitled to the protection of proper Directors and Officers (D O) insurance. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5070&URL=Directors+and+Officers+insurance+is+critical+protection+says+litigation+expert Mon, 14 May 2012 16:39:50 +0200 ECONOMIC COMMENT BY LUKE DOIG, SENIOR ECONOMIST CREDIT GUARANTEE INSURANCE CORPORATION Month-to-date over recoveries on fuel currently stand at 45 cents per litre for 95 ULP (petrol) and 24 cents per litre for 0. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5066&URL=The+good+the+bad+and+the+ugly Mon, 14 May 2012 15:58:18 +0200 The short-term insurance industry financial services provider, Insure Group unveiled a new image and brand positioning to the market yesterday. This follows the name changes of the Holdings Company and its subsidiaries earlier in the year and now completes this process. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5064&URL=Insure+Group+boasts+new+image+2 Fri, 11 May 2012 16:09:36 +0200 Making sure Lloyds becomes the major global hub for specialist insurance and reinsurance is at the heart of an ambitious new strategy for the historic insurance market, unveiled today. Called Vision 2025, the strategy was launched in the Lloyds buildings famous Underwriting Room at a special event attended by Prime Minister David Cameron. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5063&URL=Prime+Minister+David+Cameron+and+Lloyds+Chairman+John+Nelson+Lloyds+to+become+global+hub+for+specialist+insurance+and+reinsurance+by+2025 Fri, 11 May 2012 15:03:07 +0200 Specialist underwriting insurance firm Camargue has confirmed that it will once again invest in the development of the industry by awarding a scholarship to a University of Witwatersrands School of Economics Business Science student. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5062&URL=Camargue+invests+in+industry+development+with+University+of+Witwatersrand+scholarship+1 Fri, 11 May 2012 12:46:40 +0200 Higher inflation rates and depreciation of the Rand have exposed business to potential loss in the event of an under insurance recovery following an insured event, says insurance broking and risk advisors, Aon South Africa. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5061&URL=Commercial+covers+under+pressure+from+inflation+and+depreciation+of+the+rand Fri, 11 May 2012 12:22:41 +0200 Dr David Hillson FIRM, HonFAPM, PMI Fellow People sometimes ask how we should define strategic risk. Fortunately this simple question has a simple answer. But answering this question can also help us to define any other type of risk. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5059&URL=Defining+different+types+of+risk+1 Fri, 11 May 2012 12:07:03 +0200 Observing the decision-makers who select an enterprise resource planning (ERP) solution is something of a study of the human condition. From the highs of imagined benefits and anticipated advantages, to the lows of failed expectations and ballooning costs, all the emotions of life can play out. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5054&URL=Project+management+is+no+popularity+contest Wed, 09 May 2012 17:13:40 +0200 The South African Insurance Association (SAIA) has announced that it has made its submission to the National Treasury with regards to the proposed Demarcation Regulations demarcating between Health Insurance Policies and Medical Schemes. http://www.insurancegateway.co.za/ShorttermConsumers/PressRoom/ViewPress/Irn=5053&URL=SAIA+comments+on+the+impact+of+health+insurance+proposals+on+consumers Wed, 09 May 2012 12:56:31 +0200