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Press Room (Page 2)

Press Archive »

The non-legal guide to surviving the Coronavirus

Published: Fri, 24 Apr 20

Soon after the WHO declared COVID-19 a pandemic, and the declaration of the National Disaster, there was an outbreak of legal and other publications, some more helpful than others, dealing with COVID-19, the law, the end of the world, and surviving the Coronavirus. You could seek guidance from a letter supposedly ...
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Locked down, but not out

Published: Mon, 20 Apr 20

Bertus Visser, Chief Executive of Distribution at PSG Insure   It’s lockdown and suddenly your front gate is completely stuck and won’t unlock. No matter how much you manoeuvre the key or how much oil you spray on to the lock mechanism, it just won’t budge! If it’s your only way ...
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Western National Insurance provides Covid-19 relief to clients

Published: Fri, 17 Apr 20

These are extraordinary times that require us all to work together. We are in unchartered territory and face a great deal of uncertainty as to the way forward, and no doubt we’ll continue to encounter many challenges. “At Western National Insurance, we believe that the challenges ahead can be overcome ...
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Coronavirus: Temporary care & maintenance status in the mining industry – loss control measures

Published: Tue, 14 Apr 20

Like many industries, the pandemic has forced mining companies to take extraordinary precautions to reduce the spread of the virus while protecting the health and safety of employees. Many companies have implemented Care and Maintenance (C&M) procedures to temporarily discontinue operations, as maintaining them ...
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Coronavirus: Loss prevention measures for cargo storage and transportation

Published: Thu, 09 Apr 20

The pandemic has brought about sudden changes for cargo transportation, impacting shippers and transport companies around the world and potentially increasing the risk environment, particularly for high-value and temperature-sensitive goods. In a new risk bulletin, Allianz Global Corporate & Specialty’s ...
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Coronavirus: Safeguarding Of Construction Sites During A Cessation Of Works

Published: Thu, 09 Apr 20

Many construction sites face the prospect of having to temporarily shut down as the coronavirus outbreak brings a halt to operations. In a new risk bulletin, Allianz Global Corporate & Specialty’s risk consulting experts provide an overview of some relevant loss prevention measures in such a scenario. Work ...
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The Pandemic, Physical Damage, Business Interruption Losses and Reinsurance

Published: Tue, 07 Apr 20

The Pandemic, Physical Damage, Business Interruption Losses and Reinsurance How is your 2000 piece jigsaw puzzle progressing?   Coronavirus and physical damage You may have seen reference to the recent Ontario Superior Court of Justice decision in MDS Inc v Factory Mutual Insurance Company ...
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Savvy ways to save on insurance and utility costs by managing your risks better

Published: Tue, 07 Apr 20

With the economy taking a hammering and sharp price increases on everything from petrol, food and basic commodities like water and electricity, there is no more crucial time to take the bull by the horns and save on costs by working smarter with your money and reducing unnecessary risks. One area where consumers can ...
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GENRIC Insurance Company donates to Government’s Solidarity Fund

Published: Mon, 30 Mar 20

GENRIC Insurance Company has stepped up to support the Government's Solidarity Fund. President Cyril Ramaphosa announced the creation of the Solidarity fund in his address on Monday 23 March in an effort to mitigate the economic impact of the coronavirus and the 21-day lockdown which commenced 27 March ...
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POSTPONEMENT NOTICE: SAIA BREAKFAST SESSION 2020

Published: Mon, 16 Mar 20

Following the national disaster declaration made by the President of South Africa, Mr Cyril Ramaphosa, on 15 March 2020 around the spread of the coronavirus, the South African Insurance Association (SAIA) has decided to postpone the SAIA Breakfast Session which was to be held on 19 March to a later date in May 2020 ...
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Allianz: 5 sustainability trends to watch for companies

Published: Thu, 12 Mar 20

Companies can potentially face reputational damage or legal liabilities if they fail to appropriately manage environmental, social and governance (ESG) issues. Allianz Global Corporate & Specialty’s ESG team identified key trends to watch: climate change, water management, preserving biodiversity degradation ...
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CORONAVIRUS Q&A: KNOW YOUR EMPLOYMENT RIGHTS

Published: Wed, 11 Mar 20

Aadil Patel, National Head of the Employment practice and Anli Bezuidenhout, Senior Associate in the Employment practice at Cliffe Dekker Hofmeyr   The COVID – 19 (or "Coronavirus") is spreading. In this alert, we answer some of the most pressing questions that have been asked over ...
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Must-knows for a minor car accident

Published: Mon, 02 Mar 20

Bertus Visser, Chief Executive of Distribution at PSG Insure   Fender-benders, minor accidents and car clashes are often more of a frustration or ordeal after they happen, than the incident itself. From needing a case number to having repairs done, it can all take up a lot of time. Reporting a road accident ...
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BUDGET 2020: THE RIGHT INTENT, BUT THE CHALLENGE REMAINS DAUNTING

Published: Thu, 27 Feb 20

BY ARTHUR KAMP, CHIEF ECONOMIST AT SANLAM INVESTMENTS Budget 2020 is the best we could have hoped for in difficult circumstances. In essence, it aims to constrain consumption spending relative to capital expenditure, while recognising that persistent tax increases are counter-productive and constrain growth. Budget ...
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Why you need insurance in the palm of your hand for all those ‘oops, eina, wuuu shem’ moments.

Published: Wed, 26 Feb 20

After the back to school or work dust settles, South Africans tend to review their insurance policies in search of better premiums, value-adds and cover. Insurance service providers are generally associated with call centres, lengthy phone calls and loads of paperwork. However, the insurance landscape is changing ...
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South Africa’s National Budget Speech 2020: A fiscal surprise

Published: Wed, 26 Feb 20

South Africa’s Minister of Finance, Mr Tito Mboweni delivered a surprising budget for 2020/21 before Parliament today by opting not to increase tax rates, highlighting the fact that in the current economic environment, substantial increases are likely to be ineffective. The focus of the budget over the last ...
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Coronavirus and its effects on international trade and insurance

Published: Thu, 13 Feb 20

The deadly novel coronavirus outbreak (2019-CoV) has resulted in passenger and cargo ships being quarantined around the world, partial and complete travel bans to parts of China and shipping and airlines being unable or unwilling to deliver cargo to the contractual destination. Malcolm Hartwell, head of ...
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Risk challenges and economic outlook set to make 2020 another challenging year

Published: Tue, 04 Feb 20

Opinion by Gary Jack, Country President of Chubb Insurance South Africa. Businesses are facing a number of major challenges as we start 2020: Global growth is slowing, Middle East tensions are rising and concerns about trade remain. 9% citing policy uncertainty, fiscal pressures, business confidence and ...
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NATSURE JOINS COMPASS INSURE PARTNERS

Published: Sat, 01 Feb 20

Natsure Underwriting Managers (Pty) Ltd (“Natsure”), announced today that they are partnering with Compass Insurance Company Limited (“Compass Insure”). Effective 1 April 2020 they will operate as an Underwriting Manager on behalf of Compass Insure. The move to Compass is part of ...
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CIB Broker Awards 2019, a celebration to remember!

Published: Thu, 30 Jan 20

Click Here to watch our Interview with CIB, Wilhelm von La Chevallerie   Friday, 8th November, CIB celebrated their 25th birthday for the final time this year at their annual Broker awards held at The Ivy Champagne Garden. It was not only a day to celebrate a quarter century of doing great insurance ...
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