South African insurer extends Guidewire relationship to enhance claims processing efficiency, reduce IT TCO, and leverage marketplace ecosystem “The expansion of our Guidewire relationship supports ...
Santam CEO, Lizé Lambrechts says even though the company has set aside a R3 billion technical reserve for lockdown-related claims, it will become clearer later on if this is enough. Santam announced ...
The judgement on 17 November from the Western Cape High Court ordered the insurer to pay plaintiff Ma-Afrika Hotels for the impact of COVID-19 over the entire policy period of 18 months, without ...
JOHANNESBURG, Nov 18 (Reuters) - South Africa's Santam SNTJ.J said on Wednesday it was considering a court ruling that found it should pay a coronavirus-related claim it had rejected, which sent it ...
The Santam Insurance Claims Card was selected by a panel of five industry experts who served as judges for this year's competition, which included entries from around the world. "To be recognised on ...
Santam has come under fire for limiting its payment of business interruption claims to just three months of losses as a “full and final settlement” of claims. Ryan Woolley, CEO of specialist public ...
SA’s largest short-term insurer, Santam, scheduled an online media briefing last week about its Covid-19-related business interruption claims, little realising that come Monday, the company would be ...
SHORT-TERM insurer Santam yesterday issued another appeal to its clients with contingent business interruption (CBI) policies to submit their claims and supporting documentation before August 31. A ...
Santam has acknowledged that it is liable for business interruption claims resulting from COVID-19 after unsuccessfully arguing that the pandemic and the lockdown response were separate events. It ...
Santam’s full and final settlement offer, to pay out three months of business interruption insurance when policyholders are covered for longer periods, is unconscionable, says specialist public loss ...