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LSG Insurance

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Category Archives: News

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Santam Insurance Barometer

LSG Insurance Posted on September 13, 2021 by simonSeptember 13, 2021

Santam, South Africa’s largest short-term insurer (STI), has released its 2020/2021 Insurance Barometer report on insurance trends, which shows that the challenging economy, political unrest, the pandemic impact on businesses, cybercrime and climate change are among the top risks highlighted … Continue reading →

Setting the Scene for Drone Insurance

LSG Insurance Posted on August 24, 2021 by simonAugust 24, 2021

Drones have been here for a few years and are now being used for commercial purposes such as film and advertising productions, mapping and surveying, agriculture, mining, security, and conservation operations, or purely for leisure. These increasingly popular Unmanned Aerial … Continue reading →

Increase in Claims & Regulatory Enquiries

LSG Insurance Posted on August 13, 2021 by simonAugust 13, 2021

Incidences where Executives and Directors of businesses are being held liable for their role in issues have escalated and this has led to an increase in claims severity & frequency. For more read Here

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Providing Liquidity Through a Secure Levy

LSG Insurance Posted on August 5, 2021 by simonAugust 5, 2021

It is a well-documented fact that one of the sectional title industry’s greatest concerns has been the failure of members to pay monthly levies on time every month. The results of an insufficient cash flow means that proper maintenance will … Continue reading →

Ransomware Attacks

LSG Insurance Posted on August 5, 2021 by simonAugust 5, 2021

Ransomware attacks across the region are intensifying in both frequency and severity and it is prudent to take additional measures to protect your business. With more people now working from home, cyber criminals are capitalizing on the opportunities presented by … Continue reading →

Vehicle Theft Scam Alert

LSG Insurance Posted on July 23, 2021 by simonJuly 23, 2021

We have become aware that the “vehicle recall” scam to steal high value vehicles has resurfaced. Please be careful and report any suspicious behaviour to your nearest police station. How the scam works A person posing as an employee of … Continue reading →

Business Interruption Insurance – A Must Have

LSG Insurance Posted on July 20, 2021 by simonJuly 20, 2021

When the dust eventually settles after the devastating looting and violence this week, the reality is that many businesses are going to have a tough time bouncing back from the destruction. Those that are able to pick up the pieces … Continue reading →

Unrest and ‘Just in Time’ Insurance

LSG Insurance Posted on July 15, 2021 by simonJuly 15, 2021

The civil commotion playing out across South Africa over the past few days highlights the need for local businesses to not only have commercial non-life insurance cover in place; but for them to frequently assess the risk on cover and … Continue reading →

Think Before You Send

LSG Insurance Posted on June 30, 2021 by simonJune 30, 2021

President Cyril Ramaphosa signed the Cybercrimes Act into law this month, making it illegal to send certain types of WhatsApp messages or texts on social media and other online platforms in South Africa. The Act establishes three types of potentially … Continue reading →

Weather Warning – Cape Town

LSG Insurance Posted on June 29, 2021 by simonJune 29, 2021

The SA Weather Services (Saws) has issued a weather warning than an intense cold front hit Cape Town on Monday. Being as prepared as possible will prevent flooding damaging your property. For more Read Here

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LSG Insurance Service (Pty) Ltd

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Tokai, Cape Town, 7945

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