Tag: insurance claim

Earlier this month, a bus caught fire inside Africa's longest road tunnel, the Huguenot Tunnel. The flames were sorted out “chop chop”. The traffic, not so much. Like a braai without firelighters, everything smoked for about two weeks. For most drivers, it meant longer trips and irritation. Still, we are South Africans. We do not sit still. We find another road, dodge a few potholes and carry on.

Recently, I came across a viral LinkedIn post that resonated with me. A woman faked her own car accident using AI-generated images. She created photos of a “smashed” car, added bruises to her own face, staged a crash scene and even produced a realistic-looking receipt. The woman was not trying to file a real claim. Her goal was to highlight how hard it is becoming for the insurance industry to distinguish real claims from fakes.

Businesses have ranked political risks and violence as a top 10 global risk for the past three years, according to our Risk Barometer 2025. This demonstrates that soaring civil unrest and protest activity has become a key concern for companies of all sizes.

Our 5th Global Transaction Solutions Claims Study uncovers emerging trends in insurance claims. The report focuses on Representation and Warranties (R&W), Warranty and Indemnity (W&I) and tax insurance. The study examines claim size, frequency and severity in North America (NA), Europe (including the UK), the Middle East and Africa (EMEA) and Asia and Pacific (APAC).

Over the last couple of years, climate-related disasters have increased in both frequency and intensity. These disasters have accelerated rapidly, creating a physical and socioeconomic divide in risk exposure and protection.

Can a professional services firm rely on a client’s assurance to avoid notifying its claims-made liability insurer of a claim? This question holds significant importance in claims-made professional liability insurance. The insured must disclose potential claims upon first becoming aware of an error or omission.

Building financial resilience through habit stacking is a practical approach to integrate essential financial and health habits into a daily routine to ensure long-term stability.

Understanding gap cover misconceptions is essential to ensure you make informed decisions about your medical expenses and coverage. Today’s consumers are facing more medical expense shortfalls, co-payments, and sub-limits than ever before. As a result, gap cover has become essential for comprehensive medical cover and protection against unexpected financial burdens.

Protecting assets that generate rental income is vital to ensure financial security and to avoid unexpected liabilities or losses. Renting out a room, apartment or even an entire home can be a great way to earn extra income.

Insurance disputes and appraisals often arise when determining the value of damaged or destroyed property under policy limits. Disputes often arise between insurers and policyholders regarding the value of insured property. Some of these disputes are resolved with little difficulty, as the value can be relatively easily established.