http://www.itinews.co.zaThe complete South African Financial Services News and Information PortalCopyright (C) 2006editor@itinews.co.zawebmaster@itinews.co.zaenITINews RSS Generatorhttp://www.itinews.co.za/companyview.aspx?cocategoryid=98&companyid=22472&itemid=38F787E7-FFF0-423E-814A-A16D048ED686Nobody benefits from the demise of a Business due to a catastrophe or other major loss - Judging from sums insured and indemnity limits nominated in policies viewed recently in claims, we were shattered to find that the asset values and financial impact on the insured bore little resemblance to the sums insured, indemnity limits and indemnity periods. editor@itinews.co.za (Gene Fivaz )Fri, 12 Dec 2008 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=98&companyid=22472&itemid=79EC051B-5095-4F9D-92B7-59BB6023655DSubstantial delays in the admission of liability putting the insureds under severe fiscal strain - It has become apparent that it is the trend (accidental or deliberate) for insurers and loss adjusters to trot out forensic scientists and investigators in respect of most fire losseseditor@itinews.co.za (Gene Fivaz )Mon, 29 Oct 2007 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=98&companyid=22472&itemid=353A58A0-69AB-4997-B41F-B6B553255505Business continuity management - In an article that recently appeared in "The Journal", the author Kevin Pratt, stated that around 20% of businesses in the U.K. suffer a major loss every year and that research suggested that 80% of those businesses closed down within 18 months of a major loss and that 90% of Businesses who lose their data, close down within 2 years - Hence the need to Insure properly!editor@itinews.co.za (Gene Fivaz )Wed, 24 Oct 2007 12:00:00 AM GMT