Manpower South Africa: Annual Talent Shortage Survey Looks at Why South African Employers Are Having Trouble Filling Jobs: ManpowerGroup’s ninth annual Talent Shortage Survey shows some interesting changes for 2014 over the 2013 results, with
How to ace your next interview and secure your dream job: Every job opportunity is an opportunity to show off your skills and abilities as well as the
GIBS Youth Survey gives a glimpse into the mind of the Mandela generation: Future is bright   Despite the weakening of global economic recovery, which has further aggravated job crises in many
Why Two Factor Authentication is a must for any business: The repercussions of an online attack could be detrimental to a business, with both financial as well
Welcome the rise of the Chief Collaboration Officer: Creating an open, connected business culture   Already a fixture in leading global companies that have embedded open innovation
Mismatch in Franchise Industry could be fatal to business success: Three pillars which prospective franchisees must consider   Comprising of 11% of the total South African GDP, the franchising
Help at hand for SMEs accessing finance: Real People Group’s SME finance offering anticipated to promote job creation   Commenting on the recent announcement that The
The only way is up… or is it?: Most people who work for a boss dream of one day being the boss. Or at least,
"Marketing needs to continually re-invent itself if it wants to retain the 'X' Factor: The American TV series, ‘Mad Men’ is not only a fascinating sociological study of the world of
Balancing of Business Requirements and Cultural Beliefs in the Workplace: For many employers, their most important rationale each day is to ensure that their business and/or operational
A+ A A-
Thursday, 15 August 2013 13:17

Growth in luxury brands in SA calls for specialised insurance

Growth in luxury brands in SA calls for specialised insurance

Global consultancy Bain has predicted a 20% to 30% growth in the luxury brands market in South Africa over the next five years indicating the increased buying power in the country. However, owners of luxury brand items may be at an increased risk of underinsurance or even be unable to replace the item with the same brand.

 

This is according to Christelle Fourie, Managing Director of MUA Insurance Acceptances, who says consumers pay a premium for the bespoke design of their luxury brand items and expect them to be properly replaced should something become damaged, lost or stolen. “However, many general insurance providers do not factor in the premium that is paid for designer brands into their claims settlement approach.”


Subscribe content preview

To continue reading: Log-In above or Subscribe now.

Want the full story?

The SA Leader Magazine Cover

SUBSCRIBE NOW  

Get The SA Leader  the way you want it

  • One Year Digital Subscription - R320
  • 10 Issues Print Subscription - R580
  • One Year All Access - Just R900  Best Deal!
    Print Magazine + Digital Edition + Subscriber-only content on SALeader.co.za

If you are already a subscriber, please Log-In using the Log-In button found on the top right of the site!


click here
Published in Insurance
Read more...
Copyright © 2014 gdmc (Geoffrey Dean Marketing Corporation cc). All rights reserved. Material may not be published or reproduced in any form without prior written permission. Use of this site constitutes acceptance of our Terms & Conditions and Privacy Policy. External links are provided for reference purposes. SALeader.co.za is not responsible for the content of external Internet sites.

Login or Subscribe