fbpx
  • The Project
  • Advertise
  • Flights
  • Hotels
  • Tours
  • Donate
  • E-Store
Wednesday, January 27, 2021
No Result
View All Result
Nomad Africa Magazine | Celebrating the world's richest continent
Advertisement
SUBSCRIBE
  • Home
  • Tourism News
  • Features
  • Top Destinations
  • Culture & Existence
  • Showcase
  • Spotlight
  • Watch
  • COVID19 Updates
  • Login
  • Home
  • Tourism News
  • Features
  • Top Destinations
  • Culture & Existence
  • Showcase
  • Spotlight
  • Watch
  • COVID19 Updates
  • Login
No Result
View All Result
Nomad Africa Magazine | Celebrating the world's richest continent
No Result
View All Result

Unacceptable delay tactics by Insurers will further hurt hospitality sector – Fedhasa

Press Room by Press Room
November 23, 2020
in News
Reading Time: 2min read
0
Unacceptable delay tactics by Insurers will further hurt hospitality sector – Fedhasa
Share on FacebookShare on Twitter

Fedhasa has condemned Santam’s decision to appeal the unanimous decision by a full bench of the Western Cape High Court requiring the Insurer to pay full Business Interruption losses to the plaintiff, Ma-Afrika Hotels.

Insurers’ refusal to settle Business Interruption insurance claims for losses incurred by the hospitality sector has left owners and operators of accommodation establishments and restaurants reeling and further forced many businesses to retrench staff or close down.

Their decision to appeal indicates that Insurers had no intention to settle claims even once their stated requirement for legal certainty had been obtained. It also further delays the outcome at a time when the tourism and hospitality sector remains massively impacted by the lasting impact of the COVID-19 lockdown on travel.

“The hospitality sector is unlikely to forget the mistreatment it has endured from the insurance industry, aside from a few exceptions, when it is precisely for this kind of event that we faithfully pay our expensive Business Interruption insurance extension premiums in the first place,” says Rosemary Anderson, Fedhasa chairperson. 

“When the pandemic hit, our members believed that these policy pay outs would be the much-needed lifeline they had planned for, only to discover that their insurers walked away from their legal obligations.

“In addition to failing to provide business interruption cover, Insurers have subjected their hospitality customers to months of delay tactics, making them re-submit information repeatedly, some of it wholly unreasonable, only to revert with a blanket refusal to pay. And now this – legal certainty has been provided and yet they continue to delay.”

Fedhasa believes the insurance sector failed in its duty to Treat Customers Fairly, contributing directly to further job losses in the sector that was worst hit by the pandemic.

“COVID has wreaked havoc in the hospitality industry, with hundreds of businesses and jobs lost. Although borders have been reopened and travel to South Africa and within South Africa is allowed, it would be naïve to believe that it’s back to business as usual for our hospitality businesses.

“As many of our source markets remain closed to international travel, and with UIF TERS ending on 15 October, the payment of these claims would have had the ability to save jobs and livelihoods. We are acutely aware that if businesses are no longer in business their claim lapses.” According to Anderson, these delay tactics are unacceptable. She concludes:  “Fedhasa urges Insurers to do the right thing and stem the devastating losses the hospitality sector will still incur as it gets back on its feet, by paying what is rightfully due.”

Previous Post

Stone sculpture beckons the connoisseur as Zimbabwe’s tourism returns

Next Post

Driving into a green future with automotive batteries

Press Room

Press Room

Nomad Africa celebrates life on the African continent. Covering stories from all countries and all cultures, it strives to include unique tourist attractions, business development, technology and investment opportunities as well as looking at the continent's cultural heritage.

Related Posts

Harvard’s Center for Middle Eastern Studies extends commitment to its Tunisia Office for six years
News

Harvard’s Center for Middle Eastern Studies extends commitment to its Tunisia Office for six years

January 27, 2021
Businesses Gain Unparalleled Collaboration and Productivity with Motorola Solutions’ New Smart Radio
News

Businesses Gain Unparalleled Collaboration and Productivity with Motorola Solutions’ New Smart Radio

January 26, 2021
Self-catering: one of your safest bets during a pandemic
News

Self-catering: one of your safest bets during a pandemic

January 26, 2021
Next Post
Driving into a green future with automotive batteries

Driving into a green future with automotive batteries

Please login to join discussion
ADVERTISEMENT
ADVERTISEMENT
GallivantPlus GallivantPlus GallivantPlus
ADVERTISEMENT

Follow Nomad Africa Mag on Twitter

Tweets by @NomadAfricaMag

Recent Posts

  • Harvard’s Center for Middle Eastern Studies extends commitment to its Tunisia Office for six years
  • Businesses Gain Unparalleled Collaboration and Productivity with Motorola Solutions’ New Smart Radio
  • Self-catering: one of your safest bets during a pandemic
  • Africa Travel Week unveils 2021 road travel and tourism in Africa
  • Corporate Travel: Growing demand for technology?
  • 46% of Middle East Luxury Travellers Plan to Holiday Abroad in 2021
  • Five ways data can shape your corporate travel programme in 2021
  • How to stand out in South Africa’s competitive job market

Trending on NomadTV

https://www.youtube.com/watch?v=e2bhBUqVHDw&t=3s
https://www.youtube.com/watch?v=fLCy9F-47as&t=19s

Tags

#POATE2020 #PearlofAfrica #VisitUganda Africa African Development Bank Africa Travel Angola Cape Town China Dubai East Africa Egypt Ghana Hotels Investment Johannesburg Kenya Kigali Limpopo Marrakech Marriott Mauritius Morocco Mozambique Nairobi Nigeria Nomad Africa Radisson Hotel Group Religious Tourism Rwanda RwandAir Senegal Seychelles South Africa South African Tourism Industry Tanzania Tourism Travel Travel News Uganda Venda VISA Wesgro Western Cape WTM Africa Zambia Zimbabwe
Book Now
ADVERTISEMENT

About Nomad Africa

Nomad Africa celebrates life on the African continent. Covering stories from all countries and all cultures, it strives to include unique tourist attractions, business development, technology and investment opportunities as well as looking at the continent's cultural heritage.

We Are Social

Recent Posts

  • Harvard’s Center for Middle Eastern Studies extends commitment to its Tunisia Office for six years
  • Businesses Gain Unparalleled Collaboration and Productivity with Motorola Solutions’ New Smart Radio
  • Self-catering: one of your safest bets during a pandemic
  • Africa Travel Week unveils 2021 road travel and tourism in Africa
  • Corporate Travel: Growing demand for technology?

Recent Comments

  • Hassan Tongun on The Karo Tribe: Ethiopia’s Indigenous Group That Excels in Body Painting and Scarification
  • Teferi Adem on The Karo Tribe: Ethiopia’s Indigenous Group That Excels in Body Painting and Scarification

Get In Touch

2414 Publishing (Pty) Ltd,
135, Daisy Street, Off Grayston Drive, Sandowns, Sandton, Johannesburg, South Africa.
Tel: +27.[0]10.590.6264, +27.[0]11.052.4597
Cell:+27.719.130.776, +27.610.817.489
Email: info@nomadafricamag.com

Please send all press releases to editor@nomadafricamag.com.

  • About Us
  • Advertise
  • Cookie Policy
  • Privacy Policy
  • Get In Touch

© 2021 All Rights Reserved 2414 Publishing (Pty) Ltd. Designed & Developed by: CreativeMagic Group.

No Result
View All Result
  • Home
  • Tourism News
  • Features
  • Top Destinations
  • Beliefs & Existence
  • Spotlight
  • Showcase
  • Watch
  • COVID19 Updates
  • Subscribe
  • Login

© 2021 All Rights Reserved 2414 Publishing (Pty) Ltd. Designed & Developed by: CreativeMagic Group.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkNo, thanks.Read Cookie Policy