Jason Veitch highlights evolving South African travel trends, from “bleisure” trips and island getaways to longer senior journeys and underscores the critical role of comprehensive travel insurance amid rising medical costs and accidental injury risks abroad.
Not All Insurance is Created Equal! The founding partners of Cross Country Insurance Consultants realised this and set out to create an insurance product specifically for the 4×4 market.
Santam has achieved Gross Written Premium (GWP) growth of 8% (2021: 5%) for the group’s conventional insurance business and a net underwriting margin of 5.1% (2021: 8%), for the year ended 31 December 2022.
The Hollard Highway Heroes competition has led to a big improvement in participating drivers’ road behaviour. Better driving, in turn, reduces risk and leads to safer roads. It also means lower fuel and maintenance costs, and fewer claims.
Unfortunately, insurers’ risk appetite to offer insurance in flood-prone areas is also reducing, so when undertaking a new build, always speak to your insurer or broker first
