Naspers makes R34m investment in a digital short-term insurance startup
A Naspers startup fund has added Ctrl, a digital short-term insurance advice platform, to its stable. Naspers says Ctrl is a great example of using technology can improve traditional business models.Ctrl is a one-stop digital short-term insurance advice platform founded in 2017.The investment is part of Naspers’ R1.4 billion commitment to grow early-stage tech companies.A …. Read More
We won’t quibble over claims – just watch out for fraudsters, says Sasria
While some claims will be assessed by heavyweight insurers such as Old Mutual Group and Santam, the bulk of the burden will fall to state-owned Sasria.Sasria is not disputing the merits of claims related to the riots, only watching out for cases of fraud, the insurer says.Many people and companies with Sasria policies may not …. Read More
Closed for business — many companies without special insurance won’t survive the looting
Insurance companies will feel the pinch as businesses start to rebuild. Photo: Gallo Images/Sharon Seretlo Chaos. That’s how the last few days in South African could be described in one word. Malls have been set on fire, business looted and jobs lost in three provinces. Since then, we have seen communities band together to try to …. Read More
Standard Bank wants to take full control of Liberty, launches buyout offer
Standard Bank CEO Sim Tshabalala. (File photo: Gallo Images) Standard Bank has made an offer to buy out all shareholders in Liberty, which will hike its stake in the life insurance and investment business from 54% to 100%.While the companies already cross-sell banking and insurance products to their clients, Standard Bank wants to bring the …. Read More
Make sure this option is ticked on your car insurance policy as civil unrests rise in SA
• Civil unrests are on the rise in South Africa, putting personal property at risk.• Car owners should ensure that Sasria cover is added to their insurance policies.• Sasria is a state-owned entity that covers for loss due to protests and civil unrests.• For more motoring stories, go to Wheels24With an average of 2.26 protests per day over …. Read More







