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From time-to-time differences in interpretation may arise between the insurer and the customer on the cover provided by the products sold to the client, and a simplified process is required to clarify and rule on such uncertainties.
For this purpose, the Financial Services Conduct Authority (FSCA) established the Ombudsman for Short Term insurance, or the OSTI, to act as an independent evaluator of claims that are repudiated or rejected by insurers.
Topics: Legislation, Fleet Insurance
Driving a roadworthy car is a legal requirement in South Africa however 80% of cars surveyed are deemed unroadworthy and unfit to operate according to the National Road Traffic Act, 1996 [No. 93 of 1996].
Topics: Fleet Safety, Fleet Management, Legislation, Fleet Insurance
Is your short-term insurance contract confusing? Go through your insurance terms and conditions. Know exactly what you are and are not covered for.
Topics: Fleet Management, Legislation, Fleet Insurance
Tenders are big business in South Africa, and securing one or more of these can be a massive boost to your business.
Topics: Legislation
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