In the press

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Our dining room table has been our office for over a year now, and fatigue is starting to set in. Not being able to chat with colleagues while grabbing a cup of coffee or catch up on weekends over the printer is taking its toll.

9 lessons from 9 years

Back in June 2012, a new insurance company launched, with a bold vision of turning the local insurance industry on its head. It wasn't so much a start-up as an upstart. Most people said it wouldn't last three months. Nine years later, King Price has become one of the most recognisable brands in South Africa.

The effects the new drunk driving law will have on car insurance

Currently, it's still legal to get behind the wheel if your blood-alcohol level is under 0.05g per 100ml. The new National Road Traffic Amendment Act totally prohibits the consumption of alcohol by all motor vehicle operators on South African public roads by setting the legal blood-alcohol limit for drivers at 0%.

Driving under the influence: insurer weighs in on impact of new alcohol law

Are you fond of having a beer after work and then driving home? You should note that once South Africa's new drunk-driving laws come into effect this month, you won't be allowed behind the wheel of a motor vehicle after even one drink.

Zero-tolerance drunk driving law could affect insurance payouts

The days of having a beer after work and driving home will soon be over - and that's not just because of the lockdown restrictions.

Once South Africa's strict new drunk-driving laws have been passed, drivers won't be allowed to drink alcohol at all.

Insurers focus on the impact of the new alcohol law

Do you like to drink beer and go home after work?

Zero-alcohol driving limit won't require car insurance changes - expert

The Department of Transport is confident that a zero-tolerance drunk driving regulation will be made into law in South Africa's planned National Road Traffic Amendment Bill. The law is set to come into effect as early as this month - but how will it impact insurance claims?

Being caught in an accident without car insurance

Many South Africans don't have car insurance, even if they regularly use the roads. Given the perceived expense, this seems reasonable - until they are involved in an accident.

Here's how the new drunk driving law will affect your car insurance

The days of having a beer after work and driving home are over. Once South Africa's strict new drunk-driving laws come into effect this month, you won't be allowed behind the wheel of a motor vehicle after even one drink.

Drinking & Driving: South Africa's New Zero Tolerance Alcohol Law Comes Into Effect

South Africa's new drunk-driving regulations take effect this month and you won't be allowed behind the wheel after only one drink.

The impact of COVID 19 on the industry

Most people expected COVID-19 to be a thing of the past by now, with life returning to normal but instead we facing a possible third wave in South Africa and there is no denying things have changed drastically in the industry to cope.

Why defining the problem is important in life and business

Charles Kettering, the legendary American inventor and head of research for GM, liked to say: 'A problem well-stated is a problem half-solved'. By Minnaar Fourie, commercial director at King Price Insurance

Buildings insurance: Don't get caught short when disaster strikes

Stay on top of your home's maintenance. Only use accredited builders and engineers to do any work on your house. And, most of all, make sure you're insured correctly: Don't just rely blindly on the buildings insurance policy that's offered by the bank when you take out a home loan.

First-time car insurance buyer? Here's how to handle it like a boss

Okay, so you've just bought your first car, and now you need to insure it. Welcome to adulting. But understanding insurance quotes and cover needs can be a bit confusing for first-time insurance buyers.

To make things easier, we asked King Price Insurance's partner of client experience, Wynand van Vuuren, for some Insurance 101 tips.

Technology is not a cost centre, it's an asset - CFO South Africa

When I started my career, we were living the golden years of the world's first big IT boom. (Yes, I totally just gave away my age.) Practically every company under the sun was investing heavily in technology, with the promise that it would boost productivity to untold levels, driving economic growth like we'd never seen before.

It's not about big data, but big decision-making

In the days before big data, people used to run their businesses based on 'gut feel'. Many still do, writes Minnaar Fourie, commercial director at King Price Insurance.

King Price targets agri sector with new 'pay as you farm' product

Insurer King Price has launched an industry-first 'pay as you farm' agricultural insurance product that offers farmers comprehensive cover for their agricultural vehicles all year round, linked to an annual rebate based on the time that the vehicles are actually used.

Remote work: outsmart the cyber-criminals

If your employees spend any time at all working from home in our brave new post-pandemic world, it's vital that you review your remote working practices to deal with 'massively increased' cybersecurity risks.

Beware of vehicle jammers at parking lots

Strong suspicions are that remote vehicle jamming devices had been used to interfere with the locking mechanisms, thereby allowing the thieves to gain access to the vehicles.

Competition to cut service and repairs premium

A few years ago, when buying a second-hand car that did not have a service plan any more, I discovered what a rip-off my dealership was when it came to servicing and fixing it.

King Price launches Pay-as-you-farm

Insurer King Price has launched an industry-first 'pay as you farm' agricultural insurance product that offers farmers comprehensive cover for their agricultural vehicles all year round, linked to an annual rebate based on the time that the vehicles are actually used.

Car remote jamming - What your insurance company will and won't pay for

The South African Police recently published the country's latest crime statistics, which showed that vehicle-related crimes increased during the first quarter of 2021.

Rhett Finch credits his early success to his team at King Price

For many finance professionals, becoming a CEO is part of their long-term career strategy. However, Rhett Finch got there in the shorter term.

Car remote jamming warning - your insurance company will not pay out for items stolen

If criminals steal items from your car without visible signs of forced entry, like with car remote jamming, you will not get any money from your insurance company.

The mobile app developer

The role of an mobile app developer is hardly new. Ever since Apple coined the phrase, 'there's an app for that', people have been creating inventive, strange and interesting solutions for themselves, customers and organisations. There are gaming apps, finance apps, lifestyle apps, exercise apps and so much more, stuck in between the gaps that we didn't know needed filling until, you guessed it, there was an app for that. So why is this still a burgeoning career?

Does the colour of your car affect your insurance premium?

Times have certainly changed since Henry Ford made his famous statement back in 1909.

Today, the most popular car colour on South Africa's roads is white: fully 45% of the cars financed in South Africa are white, with silver coming in at nearly 25%.

Does the colour of your car affect your insurance premium?

Times have certainly changed since Henry Ford made his famous statement back in 1909. Today, the most popular car colour on South Africa's roads is white: fully 45% of the cars financed in South Africa are white, with silver coming in at nearly 25%. But while brighter colours, like pink and gold, may affect your ability to resell the car, does the colour of your car affect your insurance premium?

Yes, the colour of your car affects your insurance premium

Times have certainly changed since Henry Ford made his famous statement back in 1909, and today the most popular car colour on SA's roads is - you guessed it - white. About 45% of the cars financed in SA are white, with silver coming in second at nearly 25%.

Motor Archives - Cover Magazine

King Price's customer experience partner, Wynand van Vuuren says: 'The days of having a beer after work and driving home are over. Once South Africa's strict new drunk-driving laws come into effect.'

Car Feature - Does the colour of your car affect your insurance premium?

Guest: Wynand van Vuuren - Client experience partner at King Price Insurance

Motor car industry value chain shake-up from July 1

Cape Town - The Competition Commission's new guidelines for the automotive industry to come into effect from July 1 will bring major changes for car owner repair and service choices, the automotive after-market, motor industry sources said on Friday.

Change in the value chain of the automotive industry from July 1

Cape Town - The Competition Commission new guidelines for the automotive industry, which come into force on July 1, will bring major changes to car owners' repair and service choices, as well as the aftermarket auto industry, auto industry sources said on Friday.

Car industry value chain shake-up from July 1

The Competition Commission's new guidelines for the automotive industry to come into effect from July 1 will bring major changes for car owner repair and service choices, and the automotive after-market, motor industry sources have said.

The car colours that cost the most to insure

You've probably heard the statement that your car insurance premium will be significantly higher if you choose a less-popular vehicle colour.

While there is some truth to this, it's not the complete story.

King Price Chilli Car Insurance

Not everyone drives the same distance every month, so why should everyone pay the same for their car insurance every month? With chilli, your monthly premium depends on your monthly mileage, as well as your individual risk profile. Essentially, you 'pay per k'.

Human error still the cause of most road accidents

South Africa may have the worst roads in the world, but human factors are still the main reason for road accidents.

In 2019, 86% of road fatalities were due to human factors and it definitely contributes to higher insurance premiums.

Here's how the new zero-tolerance drunk driving law will affect your car insurance

The days of having a beer after work and driving home will soon be over - and that's not just because of the lockdown restrictions. Once South Africa's strict new drunk-driving laws are passed later this year, you won't be allowed behind the wheel of a motor vehicle after even one drink.

Prohibition for South African drivers?

Lockdown restrictions might have impacted the publics drinking habits and patterns, but once South Africa's strict new drunk-driving laws have been passed, drivers won't be allowed to drink alcohol at all.

How much you need to earn to buy an Aston Martin

Aston Martin builds gorgeous GT cars which make quite a statement. Their entry-level Vantage produces 375kW and races to the 100km/h mark in 3.6 seconds - which puts it firmly in competition with the Lamborghini Huracan, while being almost half the price.

Safer Internet Day: Cyberattacks the 'second pandemic' threatening businesses

After a year in which the Covid-19 pandemic ravaged the world, there's a new cyber-pandemic threatening South African businesses - and the consequences could be just as deadly, as cyber hackers find new ways to attack companies' critical data and information.

Cyberattacks the 'second pandemic' threatening businesses

After a year in which the Covid-19 pandemic ravaged the world, there's a new cyber-pandemic threatening South African businesses - and the consequences could be just as deadly, as cyber hackers find new ways to attack companies' critical data and information.

King Price and Secura launch emergency response app in South Africa

King Price and Secura have introduced an app-based emergency response service, code red, in South Africa. In an emergency situation, app users can hit the panic button and the nearest armed response or emergency service vehicle will be dispatched.

King Price launches app-based emergency response service

If you feel threatened, or have an emergency, press the panic button, and the nearest armed response or emergency service vehicle will get to you ASAP. That's the promise of code red, an app-based emergency response service launched by insurer King Price in response to South Africa's spiraling crime rates.

How tech can support, and drive, the finance function - CFO South Africa

We live in an era where our organisations have become technology and data companies that just happen to provide some other services as well. Cloud technologies, machine learning, chatbots, AI and data analytics are having a massive impact on the way we make decisions, develop strategies and run our businesses every day.

King Price debuts 'code red' app-based panic button

King Price Insurance has launched its app-based emergency response service, 'code red'. The service is exclusively available to the insurer's clients, for which they have to pay a 'nominal' monthly cost in order to access it.

King Price Partners Secura to Launch Emergency Response App in South Africa

The need for an app-based emergency response service, code red, in South Africa especially in this era of challenging health environment has led to a partnership between King Price and Secura. The new application is such that in an emergency situation, app users can hit the panic button and the nearest armed response or emergency service vehicle will be dispatched.

New automotive industry guidelines can lead to lower premiums

One of the biggest changes is that car owners no longer have to use the dealer service center and parts department to maintain service planning and warranty. They now have the right to repair or service the vehicle with a provider of their choice without revoking the warranty.

AppDate: Secure business transactions by phone

Completing transactions telephonically has always been difficult due to the high risk of fraud and the potential for dispute around terms and conditions.

New motor industry guidelines could lead to lower insurance premiums

The guidelines aim to promote more competition in areas like manufacturing, repairs, insurance, and financing. They could also, in time, lead to lower insurance premiums, King Price says.

Rover SA - Insurance

King Price is more than just a visionary company that's changing the way car insurance is done, 1 decreasing premium at a time. We're a force for good. And, we're a tightknit, fun-loving family.

New motor industry guidelines could lead to lower insurance premiums

The South African motor industry is in for some ground-breaking changes from July, when the Competition Commission's new guidelines kick in. The guidelines aim to promote more competition in areas like manufacturing, repairs, insurance, and financing.

King Price and Secura Launch Emergency Response App in South Africa

King Price and Secura have introduced an app-based emergency response service, code red, in South Africa. In an emergency situation, app users can hit the panic button and the nearest armed response or emergency service vehicle will be dispatched.

If you have a car crash during curfew, will your insurance claim be rejected?

Insurers generally don't honour a claim if you were doing anything illegal at the time of the so-called claimable event - such as driving over the legal alcohol limit or without a valid licence.So what about if you have an accident between 9pm and 6am, when you shouldn't be on the road at all, thanks to the latest Disaster Management Act curfew?

Keeping your vehicle for longer? Here are 14 parts likely to fail on older cars - expert

While vehicle sales in South Africa are on the up, several owners will not be too keen on selling their vehicles due to the trying economic times. Many have lost their jobs because of Covid-19 and the ensuing lockdown, while others had to take a pay-cut and make do with a lot less come month-end.

Insurers will cover curfew accidents

While you are certainly contravening the law if you drive between 10pm and 4am without a permit, your insurer cannot reject your claim if an accident occurs during that time, says Wynand van Vuuren, client experience partner at insurer King Price

Protected: The less you drive, the less you'll pay, with King Price's Chilli Car Insurance

Let's be honest, car insurance is 1 of those monthly expenses we'd all like to save on, and the reality is that many of us spend less time on the road because we're working from home.

The CFO diaries - wisdom from the top

Meeting the challenges of a rapidly changing world is not always comfortable, he says. It means that we not only re-evaluate our own skills and strengths, but also those of our team. There's a certain level of reskilling that comes with moving to new technology and a different way of doing things.

If you have a car crash during curfew, will your insurance claim be rejected?

Insurers generally don't honour a claim if you were doing anything illegal at the time of the so-called claimable event - such as driving over the legal alcohol limit or without a valid licence.

Yes, your car insurance should still pay out, even if you were driving after the curfew

Driving outside government's stipulated curfew hours may be illegal if you are not in possession of a permit, but that shouldn't be the reason why your car insurer doesn't honour your claim should you get involved in an accident.

Spektrum

Die Spektrumspan hou jou op hoogte met die jongste plaaslike en internasionale nuusgebeure.

How to keep your vehicle safe while you're out on the road

If you're planning a road trip, you probably know how dangerous it can be to get stranded on the side of a road in the middle of nowhere.

Does your insurer cover you if your driver or motor licence has expired?

Technically, your claim can be rejected should one of the parties involved in an accident is found to have an expired licence, whether it be for the driver or for the vehicle.

Your accident insurance claims are valid even if car licence expires says expert

With the continued backlog for vehicle and drivers licence renewals never seeming to come to an end, CapeTalk listeners have asked what impact this might have had on insurance claims because technically speaking, claims can be rejected should one of the parties involved in an accident is found to have an expired licence, whether it be for the driver or for the vehicle.

Do lockdown car licence snafus scupper insurance accident claims? Expert says no

If you're planning a road trip, you probably know how dangerous it can be to get stranded on the side of a road in the middle of nowhere.

#BizTrends2021: What's driving short-term insurance in 2021?

Twenty-twenty came in like a wrecking ball. In February, we were still planning our Easter long weekends. Barely a month later, we were in hard lockdown. The Year of the Coronavirus caused havoc in economies, businesses, and the lives of people, across the world.

My driver's licence has expired - Will insurance pay out?

The Department of Transport has announced that learner and drivers' licences which have expired from 26 March 2020 to 31 December 2020 are deemed valid until 30 August 2021.

Floods & cold front warnings: Eloise isn't done yet - How to stay safe

While the tropical cyclone Eloise has weakened significantly after hitting Beira, Mozambique over the weekend, her effects are still being felt in South Africa'