Siyakha Masiye, Spokesperson at MiWay Insurance explains that there are different ‘levels of value’ that need to be considered when taking out car insurance. These include retail, market, trade-in, and special agreed value. “Each of these value options has specific implications for the amount the car is insured for, and ultimately, the amount that can be claimed for in the event of an accident or write-off.”

Globally the protection gap stands at 69%, meaning about $262bn of economic losses were not covered in 2023. In the EMEA region, the protection gap is 83%.”

Marking a decade of remarkable achievements, the culmination of The Insurance Apprentice 2024 unfolded last night, April 18, at Hollard, with the unveiling of the competition's champion.

Recently, the Khubane Learning Centre in Cloesdam Village, Ga-Matlala, was targeted by criminals who took off with essential supplies including food, baby formula, stationary and other necessities needed for the centre’s daily operations. The situation was looking dire for a team that is already struggling to make ends meet until Auto&General intervened.

The South African Car of the Year (COTY) competition sponsored by Old Mutual Insure concluded its evaluations for the 2024 annual competition.

Allianz Commercial confirms a key appointment to its global Specialty leadership team taking effect immediately. Rich Soja, currently Head of Inland Marine/Regional Head of Marine North America, is appointed as Global Head of Marine reporting to Gordon Browne, Global Head of Specialty.