For the last two years Carinfo.co.za has been conducting a comparison analysis of all the known insurance companies in South Africa in the attempt to find out which one is best (check out the analysis done for previous years: Best Car Insurance Company in SA for 2013, and the Best Car Insurance Company in SA […]
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If you've ever been in a car accident, or even if you haven't, you've probably heard of the Road Accident Fund. In theory, the Road Accident Fund sounds like a great idea, but in practice this fund is costing you thousands of Rands per year. How? Read on to find out, and to see why […]
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Will car insurance become compulsory in South Africa? A new report by the South African Insurance Agency (SAIA), which will be released at the end of this month, will outline the costs of making third party car insurance compulsory in South Africa. Car Insurance Now Currently, rather than having required car insurance, instead South Africa […]
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Imperial Holdings Ltd has agreed to sell their stake in Regent Insurance to Hollard in a 2.3 billion Rand deal, the company has announced. Imperial Holdings, who own the largest car-dealer network in South Africa, saw full year profits for 2014 fall due to a weak Rand. However, a company spokesperson said that the Regent […]
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Hollard Insurance Acquires Etana Insurance The Hollard Group has recently received regulatory approval from the Financial Services Board (FSB) to complete the acquisition of Etana Insurance. Upon completion, Hollard Insurance will increase its share in Etana Insurance from its current minority stake of 40% to full 100% ownership. The new division, which will be named […]
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Hippo Insurance has been fined R1 million by the Enforcement Committee of the Financial Services Board for withholding information given to clients who called their call-centre between 19th April 2011 and 7th September 2012. Who is Hippo Insurance and why were they fined? Hippo Insurance offers a service of providing ‘competitive or comparative quotes’. What […]
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