Insurance companies to speedily deal with Knysna fire claims

Residents of Knysna have been left in total devastation after their homes were destroyed by wild fires fanned by gale-force winds over the past few days.

According to the Western Cape Disaster Management center, the wild fires are estimated to have destroyed property in 20 suburbs, going as far west as George in the Western Cape and as far east as Port Elizabeth in the Eastern Cape.

Insurance companies have been bombarded with claims from customers who lost their homes to the fire.

Managing director of Insurance at Alexander Forbes, Mpumi Tyikwe, described the ordeal as one that usually happens once in a thirty-year cycle. He says most insurance companies plan for incidents like this once in hundred years.

Read: Death toll rises to seven in Garden Route fires

This is the time where as an industry we need to stand and serve the needs of our customers, this is the time when our customer need us the most.

Mpumi Tyikwe, Managing Director of Insurance at Alexander Forbes

Tyikwe says because they are aware of the extent of the damage, an immediate sum of R50 000 - R100 000 is deposited into their customers bank account to help them find a place to stay while their claims are being processed.

Also read: How to get help for wounded wildlife and other animals #KnysnaFire

That's what we here for and we will entertain those claims...

Mpumi Tyikwe, Managing Director of Insurance at Alexander Forbes

To hear more from managing director of Insurance at Alexander Forbes, listen below:


This article first appeared on CapeTalk : Insurance companies to speedily deal with Knysna fire claims


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Death toll rises to seven in Garden Route fires

Death toll rises to seven in Garden Route fires

Seven people have died in the runaway fires that have caused destruction in various towns, including Knysna and Plettenberg Bay.

NSRI renders assistance as firefighting efforts continue in Knysna

NSRI renders assistance as firefighting efforts continue in Knysna

Emergency and rescue crews are continuing to assist firefighters battling a wildfire that has wreaked havoc in parts of the Southern Cape.

Firefighters battle to put out #KnysnaFire

Firefighters battle to put out #KnysnaFire

At one stage aerial firefighting operations had to be suspended as wind speeds exceeded 97 kilometres per hour.

Operation SA to continue assisting #KnysnaFire victims

Operation SA to continue assisting #KnysnaFire victims

Many people have been left destitute due to the raging fires, which have claimed seven lives and burnt hundreds of houses and shacks to the ground.

#KnysnaFire: Wildfire wreaks havoc in Southern Cape

#KnysnaFire: Wildfire wreaks havoc in Southern Cape

The blaze has rapidly spread from Knysna to surrounding areas and has claimed five lives.

Strong winds fan fire near PE, N2 closed

Strong winds fan fire near PE, N2 closed

Strong winds continue to fan a fire in the Nelson Mandela Bay forcing the municipality to shut down the N2 to traffic.

#KnysnaFire: Residents, animals evacuated from Buffalo Bay area

#KnysnaFire: Residents, animals evacuated from Buffalo Bay area

Runaway fires erupted along the mountain slopes surrounding the area on Friday night.

Concern over gale force winds predicted for Saturday in Knysna region

Concern over gale force winds predicted for Saturday in Knysna region

While the fires are being contained in Knysna predicted winds could add further damage.

Popular articles
Former Nedbank Chair Reuel Khoza opens up about money, farming and music

Former Nedbank Chair Reuel Khoza opens up about money, farming and music

The Money Show’s Bruce Whitfield interviews Khoza about his attitude and beliefs about money (plus successes and failures, etc.)

Everything you know about success is (mostly) wrong

Everything you know about success is (mostly) wrong

Allon Raiz on “Barking up the Wrong Tree: The Surprising Science behind Why Everything You Know about Success Is (Mostly) Wrong”.

[LISTEN] Father shares how he shot the man who raped his daughter

[LISTEN] Father shares how he shot the man who raped his daughter

Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.

Bokke can become a world-beating squad - Ashwin Willemse

Bokke can become a world-beating squad - Ashwin Willemse

The former Springbok and current rugby commentator gives his perspective on Saturday's game against the All Blacks.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Competition Commission investigates five companies to stamp out price-fixing

Competition Commission investigates five companies to stamp out price-fixing

Commission says investigation into food and agro processing companies is important because of high levels of inequality in SA.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?