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LSG Insurance

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Category Archives: News

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Are you exposed to electronic equipment breakdown?

LSG Insurance Posted on February 10, 2020 by simonFebruary 10, 2020

Today, it’s almost impossible to imagine any kind of business, no matter how large or small, that does not rely on electronics in one way or another. Sometimes business owners are not specifically aware of the fact that many devices … Continue reading →

Growing liability risks faced by SA businesses.

LSG Insurance Posted on February 3, 2020 by simonFebruary 3, 2020

The R7.1million claim that was recently filed against Woolworths, after a customer stumbled and fell over a packing crate, once again brings the growing liability risks faced by South African businesses into focus. This is according to Manisha Chiman, Executive … Continue reading →

Hollard Travel Insurance – Specific cover for coronavirus outbreak

LSG Insurance Posted on January 29, 2020 by simonJanuary 29, 2020

Hollard Travel insurance policyholders are covered for medical expenses should they contract the coronavirus, or if they are forced to cancel their travel plans as a result of the disease. The 2019 coronavirus outbreak, which causes viral pneumonia and for … Continue reading →

Risks Company Directors & Officers should be aware of.

LSG Insurance Posted on January 28, 2020 by simonJanuary 28, 2020

More litigation coming from “bad news” Claims are growing against directors & officers (D&Os) emanating from ‘bad news’ events not necessarily related to financial results. Scenarios include product problems, man-made disasters, environmental disasters, corruption and cyber-attacks. These types of “event-driven” … Continue reading →

OSTI rules against Insurer – Faulty interpretation of the law.

LSG Insurance Posted on January 23, 2020 by simonJanuary 23, 2020

Is it a case of “innocent until proven guilty” or “guilty until proven innocent”? Although witnesses shared their views and not one piece of evidence was overlooked, a recent Ombudsman case study indicated that insufficient evidence can lead to a … Continue reading →

2020 – New Decade, New Year

LSG Insurance Posted on January 21, 2020 by simonJanuary 21, 2020

Digital marketing experts estimate that the average person is exposed to around 2,000 -5,000 advertisements (USA average between 4,000 – 10,000) per day. South Africans spend an average of 8 hours and 32 minutes on the internet per day via … Continue reading →

Reporting a vehicle accident – limited option now available online..

LSG Insurance Posted on January 17, 2020 by simonJanuary 17, 2020

For minor damages, motorists can now report a crash online via the National Traffic Information System (NATIS) website in order to obtain a case number. However, there are a few stipulations, with only minor crashes that can be reported and … Continue reading →

Allianz Risk Barometer 2020

LSG Insurance Posted on January 16, 2020 by simonJanuary 16, 2020

The top 10 South African risks match the top three global risks, which show African businesses have similar concerns as other companies around the world. Businesses across Africa are also increasingly concerned about business interruption as it has become the continent’s … Continue reading →

Insurance Tips for the New Year.

LSG Insurance Posted on January 15, 2020 by simonJanuary 21, 2020

For you to adequately protect yourself and the businesses you run for the coming year new year (and always), it’s essential to accurately assess the risks, and choose insurance cover accordingly. While many types of business insurance policies offer a … Continue reading →

Avoid being scammed this festive season.

LSG Insurance Posted on December 9, 2019 by simonDecember 9, 2019

With the festive season in full swing, South Africans, armed with bonuses, stokvel payouts, savings and the spirit of giving, are set to spend big over the next few weeks. One needs to be wary of scammers to avoid falling … Continue reading →

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LSG Insurance Service (Pty) Ltd

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