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Increase in Fidelity Guarantee Claims
Over the past year, insurers have observed a significant rise in Fidelity Guarantee claims, particularly within Body Corporates, Homeowners’ Associations, and Property Management environments. While Fidelity Guarantee cover is intended to protect an insured entity against financial loss caused by fraud or dishonesty, the effectiveness of this protection depends on the strength of governance and internal controls in place. Why Claims Are Being Declined A large portion of claim
Jaco Wiehman
Mar 62 min read
Understanding the Basic Principles of Short-Term Insurance in South Africa
Short-term insurance plays a vital role in protecting individuals and businesses against unexpected financial losses. Unlike long-term...
Jaco Wiehman
Nov 27, 20252 min read
Solar System Caution: Ombud and Insurers Warn of Rising Risks
The Consumer Goods and Services Ombud (CGSO) has issued a cautionary notice to current and prospective solar system owners, citing a...
Wickus Pelser
Jun 18, 20252 min read
Protecting Professionals: The Vital Role of Professional Liability Insurance
In today’s increasingly litigious world, professionals across various industries face a growing number of lawsuits and legal claims. As a...
Wickus Pelser
Dec 14, 20232 min read
Post-pandemic consumer behaviour and what it means for your insurance and personal financial planning
The experience of living through COVID-19 has changed consumer behaviour, reshaping wants and needs and reprioritising what’s important...
Jaco Wiehman
Jun 15, 20217 min read
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