Harnacks Insurance was founded in 1965 by Herman Harnack and is supported by all the major financial organizations. This extreme risk insurance company specialises in offering comprehensive high-risk cover for scooters, motorbikes, quad bikes, watercraft, high value and sport vehicles, helicopters, and aeroplanes.

To lower your insurance premiums insurance companies recommends that you install anti-theft systems in your house and car. Once you have these systems in place the maintenance of it is your responsibility, as it could mean the difference between life and death. Thys van Niekerk, Dial Direct general manager, suggests that homeowners test their intruder [...]

The short-term insurance company Mutual & Federal received twelve bids when it went on auction. It is estimated that the buyer will have to fork out around R5bn to purchase the company. Speculators are concerned that the disposal of Mutual & Federal by Old Mutual will lead to a decline in share prices.

In this year’s annual “Best Company to Work For” survey conducted by Deloitte, Santam was rated second best company to work for in South Africa. Ian Kirk, Santam’s Chief Executive, said the award confirmations Santam’s devotion to its staff and that the award is a refection of their hard work and commitment. This enables the [...]

Underwriting is used in the insurance industry to establish a form of fairness between customers with different mortality risks; it ensures fair classification and insurance premiums based on individual insured lives. Preferred underwriting was first used in the 1960s to introduce lower life insurance premiums to non-smokers.

If you find yourself in the unfortunate position of being part of a car accident or if your car is stolen or damaged, don’t fret. The following guidelines will make claiming form your insurance company a hassle free experience. After all, who needs more stress in their lives? You have to report the accident you [...]