Naked Insurance raises R290 million in latest funding round
South African insurtech company Naked has announced it raised $17 million (about R290 million) in its latest funding round.
The World Bank Group's International Finance Corporation (IFC) led the Series B funding round. It is the...
Surge in load-shedding break-ins — how insurance companies handle claims
Household insurers in South Africa will pay out burglary claims in some situations where load-shedding has made it impossible to arm home security systems.
This is according to Momentum Insure chief actuary Rudolf Britz...
Competition Commission raids 8 insurance companies for alleged collusion — including Discovery, Sanlam, and Momentum
The Competition Commission conducted search and seizure operations at the premises of eight major insurance companies in South Africa on Thursday, 25 August 2022.
The commission...
Hi everyone, Thanks in advance for reading and helping.
Im shopping for new car insurance for my Nissan micra, after getting tired of Discovery insure shafting me almost double the average for my vehicle (R922 with Vitality Drive).
I received comprehensive car insurance quotes from Naked and...
Driver's licence disaster far from over
In light of the ongoing driver's licence backlog in South Africa, the Western Cape Department of Transport (DoT) wants the grace period for expired cards to be extended past March.
If the grace period is not extended, South African citizens will need to...
auto & general
daylin mitchell
department of transport (dot)
driver's licence card account (dlca)
fikile mbalula
hollard
king price
momentum
rudolf britz
Driver's licence chaos — how it will affect car insurance
South African insurers have said they will not reject accident claims from motorists who can't renew expired driver's licences. They have also assured that if the Department of Transport extends licence expiry dates to ten years, it will...
Bank account details stolen in major insurance hack in South Africa
An attack on debit order collection company Qsure has impacted several South African insurers who use its services, including Hollard and Guardrisk.
Australian security researcher Troy Hunt recently posted a notice from Ooba...
For those who don't know, Naked is backed/under-written by Hollard insurance.
It is an App/AI based insurance company; it takes around 90 seconds to get quoted. (It seriously does)
This was my first ever car, I was 19 at the stage of quoting, and it was a performance car. (Fiesta ST 2013)
I...