ITINews - Insurance Times and Investments Online Press Office News - Brokerageshttp://www.itinews.co.zaThe complete South African Financial Services News and Information PortalCopyright (C) 2006editor@itinews.co.zawebmaster@itinews.co.zaenITINews RSS GeneratorHalf of South Africans leave dependents at risk by not having a willhttp://www.itinews.co.za/companyview.aspx?cocategoryid=17&companyid=22807&itemid=F861E25F-7D79-4391-9673-FA7A8F83DC88The surviving spouse does not automatically inherit the whole of the deceased person's estate - According to a recent study, half of the South Africans who die each year do so without having any form of Will in place, thus leaving their dependants in a precarious financial situation by complicating the division of their assets. editor@itinews.co.za (Nondi Mpila )Thu, 17 Nov 2011 12:00:00 AM GMTConsumers must prepare now for looming price hikeshttp://www.itinews.co.za/companyview.aspx?cocategoryid=17&companyid=22807&itemid=A1C7BCB5-416D-487A-8D29-727072066B46Price shocks shouldn't force you to deviate from your financial goals - 2011 has so far painted a bleak picture for the future of the South African consumer with the price of fuel, electricity and food all expected to increase substantially in the months ahead. editor@itinews.co.za (Zayd Nakwa )Tue, 03 May 2011 12:00:00 AM GMTFinancial lessons to be learned from the royal weddinghttp://www.itinews.co.za/companyview.aspx?cocategoryid=17&companyid=22807&itemid=CF0CC0C8-386A-4808-9F11-E7317FD7DF49Get your finances in order before tying the knot - The marriage of Prince William and Kate Middleton is expected to be one of the biggest social occasions of the year with some reports saying it will cost more than $48 millioneditor@itinews.co.za (Zayd Nakwa )Wed, 20 Apr 2011 12:00:00 AM GMTConsolidation expected among smaller insurance brokershttp://www.itinews.co.za/companyview.aspx?cocategoryid=17&companyid=22567&itemid=C0C2C568-7BED-4841-9037-644B80E46A5CLooking to benefit from this consolidation and is actively exploring acquisition opportunities - The combination of increased time, cost and regulatory pressures, skills shortages and the introduction of regulatory examinations that financial intermediaries will be required to write from this year are expected to result in a rise in industry consolidation, particularly amongst short term insurance brokerages. editor@itinews.co.za (Zayd Nakwa )Wed, 13 Apr 2011 12:00:00 AM GMTLephatsi Financial Services acquires 30% shareholding in GIB Grouphttp://www.itinews.co.za/companyview.aspx?cocategoryid=17&companyid=21961&itemid=1692B1CF-5F7D-46F3-82F5-2E678DD054E2A mandate to seek out investments in the Financial Services Industry - Lephatsi Investments (Pty) Ltd, a broad based BEE company has successfully acquired 30% shareholding in the GIB Group.editor@itinews.co.za (Khuthalani Khumalo )Wed, 23 Mar 2011 12:00:00 AM GMTPassenger liability cover may be excluded under personal motor insurance policieshttp://www.itinews.co.za/companyview.aspx?cocategoryid=17&companyid=36&itemid=79A9B452-E9EC-4568-A1AF-65E88AFC357C"Nightmarish" insurance risk posed by toll road inspired lift clubs - Insurance brokers Glenrand M.I.B. have issued an advisory that lift clubs, sparked off by rising motoring costs and the shock toll road tariffs proposals, are a potential insurance nightmare.editor@itinews.co.za (Teresa Settas )Mon, 28 Feb 2011 12:00:00 AM GMTConsumers urged to check insurance costs before buying vehicleshttp://www.itinews.co.za/companyview.aspx?cocategoryid=17&companyid=22776&itemid=20D2FD41-3D96-40CE-AD99-4377F30E4C9BThe cost of repairs can account for significant differences in the premiums - South Africans looking to buy a vehicle should understand the insurance costs they are likely to pay on a particular make and model, as there could be significant variations, even on vehicles of the same value.editor@itinews.co.za (Taryn McKenna)Tue, 23 Nov 2010 12:00:00 AM GMTEnd-of-school parties could trash dad's car coverhttp://www.itinews.co.za/companyview.aspx?cocategoryid=17&companyid=22785&itemid=6E27B3FF-5C68-4F80-B7DA-B3B0F4643B67The insurance implications can be grave if there's an accident - Post-recession cost-cutting to contain motor insurance premiums could come back to haunt dads who allow 'junior' to borrow the family car for the end-of-year school partyeditor@itinews.co.za (Carol Dundas )Tue, 16 Nov 2010 12:00:00 AM GMTNew legislation will change marine insurance landscapehttp://www.itinews.co.za/companyview.aspx?cocategoryid=17&companyid=36&itemid=9D86B8A3-5DCF-4DD5-83CB-C24D22AC22CFIncreasing the risk of not providing 'proper' advice - The incoming Consumer Protection Act will have a major impact on the way shipping, forwarding and clearing services are communicated to customers and the way their standard trading terms and conditions are drawn to the attention of the customer to ensure they are clearly understood from an insurance perspective. editor@itinews.co.za (Teresa Settas )Thu, 21 Oct 2010 12:00:00 AM GMTPremium savings still critical for policyholdershttp://www.itinews.co.za/companyview.aspx?cocategoryid=17&companyid=22785&itemid=D7946AFE-F379-45C1-B4BC-FD23222AAF4FEnsure cost savings do not result in an unacceptable level of risk exposure - Professional expertise in securing premium affordability remains the critical factor for short-term insurance clients, according to FNB Insurance Brokers (FNBIB), the insurance specialists within the First National Bank group. editor@itinews.co.za (Carol Dundas )Mon, 18 Oct 2010 12:00:00 AM GMT