Why Santam is ditching pandemic insurance

Consumers can kiss contingent business interruption insurance goodbye, as major insurers review contract wording. Two of SA’s biggest insurance groups, Santam and Momentum Metropolitan Holdings, have both told the FM that contingent business interruption (CBI) insurance for pandemics is likely to go the way of the dodo. 

Why Santam is ditching pandemic insurance

Two of SA’s biggest insurance groups, Santam and Momentum Metropolitan Holdings, have both told the FM that contingent business interruption (CBI) insurance for pandemics is likely to go the way of the dodo.