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LSG Insurance

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Category Archives: News

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ESSENTIAL CHECKS FOR THE HOLIDAYS

LSG Insurance Posted on November 25, 2020 by simonNovember 25, 2020

It’s almost holiday time, and whether you’re staying at home or venturing off somewhere exotic, there are things you need to do to ensure you and your family enjoy a safe, secure festive season. Firstly, ensure that your insurance policy … Continue reading →

ONLINE TRANSACTIONS – DON’T FALL VICTIM TO DIGITAL FRAUD

LSG Insurance Posted on November 6, 2020 by simonNovember 6, 2020

COVID-19 has resulted in more digital transactions than ever before hence exponential increases in online fraud. Consequentially, the financial services industry has found itself battling to meet the thriving demand for greater digital access to products and services while also … Continue reading →

Brokers – Adding Value Beyond Price

LSG Insurance Posted on November 5, 2020 by simonNovember 5, 2020

With the increase in direct-to-consumer insurance products and companies, many consumers have questioned the need for an intermediary – or broker – at all. Santam, who has been in the business of insurance for more than 100 years, believes that … Continue reading →

Scam Alert

LSG Insurance Posted on October 29, 2020 by simonOctober 29, 2020

Scamsters have targeted the customers of several vehicle tracking companies in South Africa. Vehicle tracking customers are being contacted by the scamsters who are pretending to work for the vehicle tracking company. They advise the customer that there is something … Continue reading →

Cyber Crime Payment Fraud – A Solution

LSG Insurance Posted on October 23, 2020 by simonOctober 23, 2020

For those of you that are not aware, cybercrime is on the increase in a massive way, and business email compromise, impersonations and payment fraud are rife. This has only been exacerbated by teams working remotely and tough economic times, … Continue reading →

Perils of Inadequate Insurance Cover

LSG Insurance Posted on October 21, 2020 by simonOctober 21, 2020

It might seem like an option when times are hard, but cancelling or reducing your insurance cover is not a good idea: it can be catastrophic if you need to claim and find yourself without any form of cover or … Continue reading →

Identity Theft – What to do if your identity is stolen.

LSG Insurance Posted on October 15, 2020 by simonOctober 15, 2020

Finding purchases or transactions on your bank statements that you cannot explain? Receiving credit cards or statements for accounts that you never applied for? Denied credit for a purchase, even though your credit record is clear? Chances are that you’ve … Continue reading →

OSTI Case Studies – Policy Wordings

LSG Insurance Posted on October 15, 2020 by simonOctober 15, 2020

The importance of policy wording was underlined again in the UK’s comprehensive High Court analysis of 21 samples in coverage extensions for business-interruption COVID-19 related losses recently. At times the hearing sounded more a semantics class than a court case. … Continue reading →

Tips for Travelling during COVID-19

LSG Insurance Posted on October 8, 2020 by simonOctober 8, 2020

With new health and safety protocols in place, travel in 2020 and going into 2021 looks quite a bit different to years gone past. There are plenty of incredible destinations you can explore closer to home, and also to countries … Continue reading →

OSTI’s Role – All about a balance of probabilities.

LSG Insurance Posted on September 3, 2020 by simonSeptember 3, 2020

“OSTI remains an independent organisation. It continues to deliver fair and just outcomes,” the chairman of OSTI’s board, Haroon Laher, recently noted. Understanding the Ombudsman for Short-term Insurance’s (OSTI) role in resolving disputes is essential to developing a better relationship … Continue reading →

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