The international shipping industry is responsible for the carriage of around 90% of world trade, so vessel safety is critical. The sector continued its long-term positive safety trend over the past year but Russia’s invasion of Ukraine, the growing number of costly issues involving larger vessels, crew and port congestion […]
MiWay has launched a specialised product to cover the spillage risk inherent in the transport of dangerous goods, including environmental damage as a result of a riot or strike. The company’s Environmental Transport Liability is specifically designed to cover the environmental impairment risks of transporting dangerous products following a release […]
Truck owners and operators demand the most from their tyres, which are an essential aspect of keeping fleets moving and getting drivers and cargo safely to their destinations. With the high mileage requirements of heavy vehicles in this sector, there is enormous pressure to maximise cost per kilometre (CPK), reduce breakdown […]
If you’re in the transportation industry, your assets are the lifeline of your business. That’s why you need commercial insurance you can trust to protect your fleet, and keep your business moving. OUTsurance business offers a range of risk-specific insurance covers, for your business vehicle’s mechanical, electrical and electronic needs. […]
By Jason Mellow, Head of MiWay Business Insurance The past few years have been difficult for most businesses, and has proven that now more than ever before, insurance cover is a must-have to provide a buffer against uncertainty and unforseen risks. What has changed? The pandemic, with its associated lockdowns […]
A truck driver was robbed by three suspects in a cane field in Canelands, KZN. Members of Reaction Unit South Africa (RUSA) were called out to the scene after the victim sought assistance from employees of a sand pit. On arrival, it was established that the robbers accosted the victim […]
Crime statistics for the first quarter of 2021/2022 confirm a steep 107.6% increase in truck hijackings, while cash-in-transit heists have accelerated by a massive 142.1% (SAPS). This has added another challenge to the logistics of vulnerable and high-value goods, en route as well as on arrival. The need for secure […]
Euler Hermes, the world’s leading trade credit insurer, announces key changes in their Board of Management and Regional Management teams. While the Covid-19 crisis reaffirmed the critical role of credit insurance in sustaining global trade, Euler Hermes will help businesses catch the upswing in still uncertain times. These nominations embody […]
Whether you’re a tradesman or contractor transporting expensive tools and materials from workshop to client site, or a renewable energy specialist installing PV systems at homes or businesses, the protection of your valuable stock and customer orders while in transit against damage or loss due to an accident, theft or […]
Incidents of theft from delivery vehicles are occurring nationwide and seem to be increasing. In Cape Town, robbery and arson have disrupted supply chains. In KwaZulu-Natal, the Mooi River toll plaza made headlines with two separate incidents of coordinated attacks on, and looting of, trucks under the cover of “service-delivery […]
