Stay updated with the latest business insurance news, tips, and how-tos from Bi-me South Africa's 1st Digital Business Insurance Platform.
Your bakkie is back on the road. Maybe it carries tools to a client in Pretoria. Maybe it drops stock at a shop in Durban. Maybe it collects materials for a job in Cape Town. If that vehicle earns money for your business, your insurance must match the way you use it, not just the badge on the bonnet. Many …
You're probably doing what most sole traders do. Chasing invoices, answering WhatsApps, buying stock, loading tools, and trying to keep customers happy. Whether you're a plumber heading to a call-out, a freelance consultant joining a client meeting, or a market trader opening your stall before sunrise, insurance usually sits in the “I'll sort it out later” pile. That works until …
An excess is the amount your business pays first when you claim. If that amount is too high for your cash flow, a cheap insurance quote can become an expensive problem very quickly. For South African SMEs, the excess on a policy is not a side note. It affects whether you can repair a work bakkie, replace stolen tools, or …
Official metrics released by South African Banking Risk Information Centre (SABRIC) reported that South Africa suffered financial crime and fraud losses amounting to approximately R3.3 billion for the 2023 period, and around R2.7 billion for 2024. For one person, that can start with a fake bank message, then move to a stolen password, then end with a drained account and …
You've booked the golf day, lined up sponsors, and decided a headline prize will get people talking. A cash prize or vehicle for a hole-in-one can absolutely lift interest in the event. It can also create a nasty problem for a small business if someone sinks the shot and you have to fund the prize yourself. That's where Hole in …
Public liability insurance in South Africa can cost from R200 to R500 a month for small businesses and from R600 to R2,500+ for medium to large enterprises. Your final premium depends on your business's actual risk, not just the name of your industry. If you're reading this, there's a good chance a client, landlord, venue, or municipality has asked for …
You’ve been asked for proof of Professional Indemnity cover in a tender. Or a client has sent over a contract with an insurance clause you didn’t expect. Or you’re trying to work out whether this is one of those policies that sounds important but doesn’t really apply to your business. That confusion is common. Many South African business owners hear …
Professional services firms compete on expertise and trust. Learn how to improve your positioning, website, SEO, referrals, content and lead generation in South Africa. Marketing a professional services business is different from marketing an ordinary consumer product. Clients are not simply buying a defined product. They are placing their trust in an accountant, attorney, architect, engineer, consultant or other professional …
Planning an event in South Africa? Whether it’s an fun run, corporate conference, or large music festival, one critical question stands out: How much event liability insurance do you actually need? The typical range for event liability insurance (also called public liability for events) in South Africa is R2 million to R20 million or more, depending on event size, venue …
Event liability insurance, public liability insurance, and event cancellation insurance are often confused, but they cover very different risks. In South Africa, choosing the wrong type of cover can leave you exposed, even if you believe you are insured. The key difference is simple: event liability protects you against third-party claims, while cancellation insurance protects your financial loss if the …
Being a Quantity Surveyor (QS) is more than just crunching numbers and calculating costs. You’re the financial backbone of construction projects – ensuring they stay within budget, comply with regulations, and run smoothly from start to finish. But with responsibility comes risk. A single mistake, oversight, or client dispute can have serious financial and legal consequences. That’s why the right …
Being a consultant in South Africa takes more than just expertise, it takes guts, grit, and a game plan. Whether you’re advising on finances, marketing, HR, engineering, or compliance, your advice carries weight and risk. One mistake, misunderstanding, or misstep could lead to a costly legal battle, even if you didn’t do anything wrong. That’s where professional indemnity insurance comes …
