Understanding property classification in building insurance Upon a request to provide insurance for a building, the insurer will require sufficient data on the nature of the structures to determine the…
We often see the question pop up on social media: “Is there any insurer that covers leaking or rusty pipes?” It’s a fair question, especially for those living in older…
Insurance companies reserve the right to conduct property inspections through site visits. These inspections will be scheduled in advance with the property owner, and in the case of a sectional…
In South Africa’s community schemes sector, managing agents operate under constant pressure to deliver efficient service while meeting legal and fiduciary obligations. The role often involves navigating complex client relationships,…
Following a severe claim event, whether it’s a fire, flood, or severe storm, the immediate aftermath can feel overwhelming. As a property owner or trustee, knowing the right steps to…
Whether you’re a contractor managing multiple projects or a property owner tackling a once-off renovation, construction work comes with risk and with risk comes the need for the right insurance.…
Many property owners assume that if they reduce their sum insured by 20%, their insurance premium should also drop by 20%. It sounds fair, but in reality, that’s not always…
When it comes to insurance claims, especially those for accidental damage under a traditional building or nowadays, mostly building all-risk type policies, a common and problematic phrase we see far…
For many managing agents, the topic of solar installations often brings a level of anxiety, particularly when it comes to compliance. Beyond the body corporate rules and regulations, and the…
Every year, trustees and managing agents gear up for what is often called AGM Season, and we all know that this can be a stressful time for some! But it…