PLAYING A CATCH UP GAME – Can we win the war against vehicle crime?
The latest crime statistics show that a car or motorcycle is stolen every 13 minutes in South Africa.
The scary part is that hijackings have also increased at the same rate.
Are car thieves “Out-innovating” US?
As vehicle technology improves, so do the techniques of the criminals. It is a race between several sectors, for the heart of the car. On the one hand, the protagonist – The guy with a mandate to relieve the owner of her/his vehicle and, on the other hand, the car owner, the motor manufacturer, the insurer and the vehicle security experts (mostly tracking companies).
The big increase in vehicle theft and hijacking numbers have put pressure on insurers to increase premiums and/or include stricter security measures in their minimum requirements, some now requesting a backup tracker for certain “red carded” vehicles.
COVER had a live session to discuss these trends and we publish several articles on the topic in our All things wheels feature this month.
If you would like to know how to protect the risk profile of your motor book and assist your clients to stay safe, we have some content in our March issue that can assist.
Enjoy the read,
View the flipbook version:
Great news for all Brokers!
WITH EVEN GREATER MUSCLE NOW,
RENASA WILL BE ABLE TO REACH A LOT MORE
RENASA – THE BROKERS even better BEST FRIEND