InsuranceClaimsAfrica (@africaclaims) 's Twitter Profile
InsuranceClaimsAfrica

@africaclaims

Insurance Claims Africa

ID: 1267109826905149442

calendar_today31-05-2020 15:05:16

243 Tweet

44 Followers

155 Following

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"If insurers pay out our claims now, we can rebuild the industry. They are now tested to show who they are … It is not honourable to withhold our payments." #insurersfailtourism citizen.co.za/business/busin…

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ICA welcomes SCA ruling against insurers in Café Chameleon case, calls for immediate pay-out of claims. No need for Santam to appeal Ma-Afrika, as Guardrisk SCA decision sets precedent for all insurers via Business Day #InsurersFailtourism businesslive.co.za/bd/companies/f…

SurenNaidoo (@surennaidoo) 's Twitter Profile Photo

UPDATE/ICYMI: Massive Covid-19 blow for insurers: Guardrisk loses Supreme Court appeal against Cafe Chameleon #MoneywebNews - By SurenNaidoo moneyweb.co.za/news/companies… via Moneyweb News #BusinessInterruptionInsurance

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"I, therefore, accept Café Chameleon’s core submission that a notifiable disease almost always carries the risk of a government response, making it part and parcel of the insured peril" ~ Judge Cachalia #businessinterruptioninsurance #Insurersfailtourism dailymaverick.co.za/article/2020-1…

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We welcome the decision by Hollard Insurance and Guardrisk to pay claims from businesses forced to close during COVID national lockdown. Santam Insurance holds out, stating legal certainty still required ~ via Business Day #InsurersFailsTourism businesslive.co.za/bd/companies/f…

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Santam Insurance agrees to assess BI Claims, but it's still going to court to test the indemnity period. Legal certainty has been provided! Wendy Knowler Times LIVE #InsurersFailTourism timeslive.co.za/news/consumer-…

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It has taken 10 months for SA’s biggest short-term insurer to buckle under pressure from the courts and the public and yet it intends to proceed with its SCA appeal #InsurersFailTourism Santam Insurance Daily Maverick dailymaverick.co.za/article/2021-0…

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Insurance Claims Africa has slammed insurer Santam’s decision to limit settlement offers relating to Covid-19-linked business claims to just three months. ayr.app/l/rv3V

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South Africa’s short-term insurance industry has begun, tentatively, to pay out millions and billions of rands worth of #businessinterruption insurance claims under the watchful eye of the Prudential Authority and the Financial Sector Conduct Authority. bit.ly/3oQ9b6p

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After more than eight months of legal wrangling, Santam Insurance clients received a glimmer of hope as the insurer announced it would start processing #businessinterruption insurance claims. bit.ly/3sBnbDu

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Short-term insurers now have a “tsunami of the legal certainty” around business interruption insurance claims linked to the Covid-19 pandemic and need to pay up. Fedhasa Moneyweb News #BusinessInterruptionInsurance #InsurersFailTourism bit.ly/2Y05kaU

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A failure to recognise the impact of common humanity in dealing with clients who make business interruption insurance claims is causing unnecessary and profound distress – something that the industry can quickly and easily put right. Daily Maverick bit.ly/3iWdyL0

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Businesses in the tourism and hospitality sector are a step closer to having their Business Interruption (BI) insurance claims resolved fairly. Ryan woolley Santam Insurance #BusinessInterruptionInsurance bit.ly/3pppFlm

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Ryan Woolley, CEO of Insurance Claims Africa, says, “While it’s taken a lot of pressure, time, money and effort to get here, we are extremely pleased that our claimants are closer to a fair and reasonable resolution to their Business Interruption claims.” bit.ly/3qx3tXO

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"Insurance companies are rejecting claims related to the Covid-19 pandemic, for which many policy holders believe they are covered under their Business Interruption (BI) extension." 702 Bruce Whitfield bit.ly/3hOGdBp

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We call for short-term insurance companies to fulfil their obligations and pay out business interruption claims. #BusinessInterruption #BusinessInterruptionInsurance #InsuranceClaimsAfrica Ryan Woolley Business Insurance The Namibian bit.ly/3zoOTFW

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“The court’s decision in this matter will be crucial for thousands of Santam’s Hospitality & Leisure division’s Business Interruption policyholders, and will provide much-needed funding to a desperate sector of the economy.” - Ryan woolley bit.ly/2XvQMD0

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“We had a good day in court on the 27th and we will get the outcome soon. Without trying to predict the outcome, comments seem to favour our position that the case has been made overly complex,” - Ryan woolley #BusinessInterruptionInsurance #CBIClaims bit.ly/3tdx5Mj