Catia has over 27 years of experience in accident and health, claims, crisis management, and PTS business, as well as liability insurance. “We are confident that Catia’s expertise, track record and network will enable us to expand our crisis management solutions and contribute to growth of other areas within Liability,” said AGCS Africa Liability Team Leader Storm Canham.
Source: Allianz Global Corporate & Specialty South Africa Ltd
Last week, we reported on the Phoshera judgment by the FSB Appeal Board where it concurred with the view of the FAIS Ombud that the rejection of a claim was warranted on the basis that the vehicle did not comply ... Read More »
“Catch-22 is any paradoxical, circular reasoning that catches its victim in its illogic and serves those who have made the law. ”
One of the options in the Merriam-Webster dictionary reads: “A ... Read More »
By Sven Jacobs (DE) and Thorben Schläfer
Norton Rose Fulbright
The use of WhatsApp without the declaration of consent from every person in the user’s address book directory is deemed to be inadmissible ... Read More »
The surrender value of a policy is the value that the assurer is prepared to pay out to the policyholder on early termination of the policy contract. Penalties are associated with early termination of the contract, which are designed to encourage the policyholder to honour the terms of the contract until maturity, reduce the amount paid out on early surrender to below the actual intrinsic fund value of the policy. In addition termination of the contract ...