According to an article in “The Times” more than half of the eight million medical aid members are either broke or fast running out of funds to cover day-to-day medical expenses. The crunch comes as household medical expenses rise, benefits are reduced — and doctors want to charge patients a staggering 300% more. Industry experts warned [...]

I just came across an article published on Carblog.co.za and what they say is very true. Here’s a short quote: We recently read of the risk of significant increases in car insurance premiums. This can be attributed not only to the high number of vehicle accidents on our roads, but also to criminal activity such [...]

The Department of Home Affairs in South Africa has been crippled by corruption and inefficiency. The beleaguered home affairs department attempts to do away with “fraudulent deaths” and urges South African citizens to confirm whether they are officially alive. This follows after an increasing problem with identity theft by criminals who are trying to benefit [...]

South African police crime intelligence agents arrested two Lesotho nationals and seized R10-million worth of luxury vehicles during a four-day cross-border operation. These suspects are believed to be part of an international car theft syndicate that specialise in insurance fraud associated with the theft of millions of rands worth of South African vehicles. This syndicate’s [...]

The Consumer Protection Bill is predicted to have huge cost implications in the form of product recalls for many South African companies according to industry experts. According to this new law the suppliers of goods could be held liable for any damage caused by the goods, regardless of fault on the part of the supplier. [...]

The importance of car insurance has once again been highlighted by the fact that the police have recently found four more stolen vehicles in a warehouse in the Vaal, south of Johannesburg. These vehicles were recovered in a warehouse in Meyerton following a tip-off. This led to the arrest of a 20 year old security [...]

Warnings of violent storms and devastation caused by storms during the past few days are once again a wake-up call to check whether your properties and cars are properly insured. KwaZulu-Natal has been put on a state of alert as more violent storms are expected as early as the coming weekend. In a recent thunderstorm [...]

All drivers under the new coding system, with just a “B” code may only drive a car with mass of less than 3500 kg, and may tow a trailer with a mass of no more than 750kg. As caravans normally exceed 750kg, drivers with a “B” code may not tow a caravan behind their vehicles. [...]

People are feeling the pinch and in the current economic climate more and more people are motivated to commit acts of fraud. And insurance fraud is one of the easier ones Insurance fraud is rife but a lot of it remains undetected and difficult to prove. One of the most common examples of insurance fraud [...]

Underwriting Management Agencies are authorised by the Insurance Company to perform certain underwriting and administrative functions on their behalf. It is important that the insurer manages the relationship with its UMA partners and enforces certain standards of conduct that business partners need to adhere to. The insurer is ultimately responsible for all policies issued by [...]