Currency fluctuation has affected both business and domestic insurance values. Businesses that have plant or machinery, imported spares, electronic or diagnostic equipment and computer equipment to name but a few will be affected.  Diagnostic equipment used by the medical profession will be impacted by the fluctuation...

Many of us are financially impacted by the lockdown and are looking at ways to reduce monthly expenditure before things return to some normality. Your personal insurance premium is one area, where cost savings can be achieved which we identify in this article. Homeowners (building) insurance...

Due to the direct and indirect implications that the COVID-19 virus could have on businesses in South Africa, we would like to draw attention to all Credit Insurance Policy Holders. ADVERSE INFORMATION You must notify The Insurer (or Apio) without undue delay of the occurrence of...

We recently received a very distressed late-night call from a client who reported that her house was on fire. Luckily, she had managed to get out with the family and their pets. She sent a video clip from her phone and explained how quickly it...

Somthemba Makinana, Guarantees and Credit specialist at Apio, looks at bank guarantees versus insurance guarantees in the current climate. Industries, especially construction, mining, fuel, logistics and renewable energy, functioned differently when it came to risk when we had not only a stable economy but also a...

There’s nothing more frustrating than dutifully paying insurance premiums for years on end, only to have your claim rejected when you need it most. Apio’s Caron Whitfield advises some simple steps to make sure this doesn’t happen to you. Pay your premiums The first step is also...

Not everyone has the desire or the means to collect art, antiques and collectibles, but for those who do, insuring these sometimes almost priceless objects can be a headache. Apio’s Kevin Blackmore gives some guidance on where to start. When you’re a collector, whether it’s art,...

Event insurance is a must for anyone planning an event that the public will pay to attend, says Apio’s Caron Whitfield. When global star Sam Smith recently had to cancel his Cape Town concerts due to vocal strain, the first thing mentioned was how to get...

Load shedding is once again an unwelcome reality for South African homeowners. Apio’s Caron Whitfield explains what this means for your home insurance. Load shedding brings with it not only the frustrations of hours without electricity, but the possibility of failing security systems and opportunistic...

With more companies expanding their operations in Africa, the risk of kidnap and ransom is real. Apio director Richard Hood discusses why more companies need to consider the worst-case scenario for travel in high-risk areas, and plan accordingly. With a local economy in the doldrums, it’s...