Category: Marine Insurance

South Africa’s coastline stretches over 3000km. It represents an untapped R110 billion worth of revenue, according to the Department of Tourism. Working with the private sector, government as well SAMSA unveiled plans to develop resorts and facilities to cater to the tens-of-thousands of locals who could be flocking to the beaches. There is a strategy

Marine insurance is incredibly important for ship owner, cargo owner or freight companies. Firstly, it covers cargo owners who traditionally had to cover the costs of any damages to, or loss of cargo themselves – regardless of whether it’s a result of a natural disasters or an accident. Secondly, it covers ship owners in the event