Priceless violin returns home following theft: Lessons learnt

The heartwarming reunion of South African violinist Petrus De Beer with his treasured 1896 Léon Fischesser violin serves as a touching reminder of the emotional and financial risks associated with valuable possessions. Stolen from his car in July 2022, the violin was recently recovered thanks to two alert Capetonians, bringing to light the importance of […]

How to boost your chances of a successful short-term insurance claim

According to the OSTI report, the highest number of disputes, or 42% of overall claims, were related to motor vehicles. “The majority of these complaints were accident-related claims that were declined because of policy exclusions,” states Tarina Vlok, MD of Elite Risk Acceptances, a subsidiary of Old Mutual Insure. “Most of them were due to […]

Can the SA insurance industry embrace a future of optimism?

Amidst uncertainty and heightened risk, it is natural to feel anxious or pessimistic about the future, but maintaining a sense of perspective and optimism is crucial and empowering. This was the message from the recent annual Elite Wealth Conference, hosted by Elite Risk Acceptances, a leading high-net worth insurer and subsidiary of Old Mutual Insure. […]

Protecting your valuable memorabilia collections

Famous memorabilia auctions have attracted many news headlines of late: Recently Michael Jordan’s championship sneakers from the “Dynasty Collection” sold for a whopping $8 million, setting a new global auction record for game-worn sneakers, according to auction house Sotheby’s, who said that the set represents the most valuable and significant collection of Air Jordan sneakers […]

Shifts in trends impacting the HNWI market in 2024

The non-life insurance sector is undergoing significant shifts that will impact the affluent market and their insurance needs in 2024. This is the view of Tarina Vlok, MD of Elite Risk Acceptances, a specialist high-net worth insurer and subsidiary of Old Mutual Insure. “We are seeing that the sluggish economy is leading to frugality, meaning […]

Solar panel systems and back-up power still causing insurance headaches

Data released by Eskom confirms that there has been a 350% increase in solar panel-generated electricity in the year ending March 2023. The City of Cape Town authorised more than 5,700 solar photovoltaic (PV) and battery systems to date. The exponential increase in solar panel installation, as well as in general back-up power because of […]

Protecting your wine collection during loadshedding and natural disasters

In the latest annual report by internationally acclaimed Master of Wine, Tim Atkin, South Africa is currently producing the greatest wines in its history. The 2023 South Africa Special Report rates wines on a 100-point scale, with the top-rated red wine this year achieving a perfect score of 100 points. These exceptional wines are often […]

And Just Like That… High-end fashion and your insurance

If you are a collector of couture, you may no doubt be enjoying the hit TV show And Just Like That currently on our screens, which is the reboot of the sexy classic, Sex and the City. While the show celebrates fashion in a flirty, frivolous, and fun way, it does also spotlight some important […]

The business of collecting art

How to manage, price and insure your most precious possessions Art enthusiasts, collectors and investors may have different motivations for buying paintings or sculptures, but many may need guidance on how to acquire, manage, preserve, protect and, most importantly, value their art. This is the view of Tarina Vlok, MD at Elite Risk Acceptances, a […]