Tag: truck insurance

Prioritising fleet driver safety

Prioritising fleet driver safety

The convenience of e-commerce transactions during and following the upheavals of Covid has catalysed South Africa’s embrace of online retail and fuelled a substantial contribution to heightened activity within the nation’s freight and logistics sector. As reported by Mordor Intelligence, the industry’s 2023 value of R402 billion has a projected […]

Top 10 risks facing the transportation and logistics sector

Top 10 risks facing the transportation and logistics sector

The transportation and logistics industry has been battling the operational and commercial fallout of multiple global crises, including the COVID-19 pandemic and geopolitical conflicts. Because of the industry’s significance for the global economy, risks and challenges facing the industry will continue to receive scrutiny. Aon’s latest Global Risk Management Survey […]

Goods-In-Transit: Know more and protect your movable assets

Goods-In-Transit: Know more and protect your movable assets

• Do you have the right insurance product? The majority of GIT policies in the market are for carriers of TP goods, whilst in their care/custody/control. For these policies to perform, there has to be clear contractual transfer of “risk” or “liability” from the cargo owner, down the line through […]

Business under-insurance is on the rise, especially among SMEs

Business under-insurance is on the rise, especially among SMEs

In Aon’s latest 2023 Weather, Climate and Catastrophe Insight report, flooding was identified as the second largest peril across the globe and the most prevalent peril on the African Continent, with a devastating economic loss of $66bn (R1,185bn). While the KZN floods of April 2022 were noted as the largest […]

Truck hijacker to appear in court

Truck hijacker to appear in court

Swift action by police officers on patrol led to the arrest of a hijacker in Nyanga this morning. The 35-year-old man and his accomplices attempted to hijack a commercial truck at an intersection at the corners of Govan Mbeki and Link Roads whilst the truck was stationary by directing it […]