Plans can be put in place to mitigate financial losses when belongings are stolen or damaged during a burglary.
Artificial intelligence is playing an increasingly active role in the financial services industry, from risk analysis and mitigation to regulatory compliance and client interaction – machine learning is proving its worth.
The introduction of self-driving cars looks set to change the way people commute in the very near future.
On the 19th of January, President Jacob Zuma signed the new Insurance Bill (now referred to as the Insurance Act) into law to, amongst others, increase low income earners’ accessibility to insurance products, as well as to foster transformation in the sector.
When it comes to financial planning, doing the work to ensure you’re prepared for unexpected emergencies is just as important as ticking off your other goals and New Year’s resolutions.
South Africa’s wide gap of inequality, high unemployment rates, and poor economic growth have pushed more South Africans below the poverty line.
Christmas is probably one of the key events in the year when people are most likely to either purchase or receive expensive gifts. For anyone who’d like to make the most of enjoying these prized items, finding the right insurance cover to ensure they are adequately protected is crucial.
According to Vera Nagtegaal, Executive Head of Hippo.co.za, the proposed demerit system for SA road users, in theory, could significantly reduce road fatalities by imposing punitive action on motorists who do not adhere to the rules of the road.
While there was an overall drop in the crime statistics released by the South African Police Service (SAPS) on Tuesday, there are troubling increases in a number of types of violent crimes.
Some homeowners, particularly those who have secondary homes or are going away over the December period, are turning to short-term rentals, such as Airbnb, as a form of additional revenue to help line their pockets.
The violent storms that have swept South Africa over the past week have left many people with one question on their minds: “I wonder if my insurance will cover the damage?”
According to recent data by Stats SA, 17% or 9.5 million South Africans belonged to a Medical Aid scheme in 2016. That means over 45 million people were without Medical Aid.
This is an ideal time to re-evaluate your finances, track your budget and take note of ways to save in order to have more for spending come holiday time!
There is still a large number of South Africans who lack basic financial literacy, which is also part of the reason that many struggle to get rid of debt, become financially stable and develop a savings culture.
Results from the 2015 South African Social Attitudes Survey (SASAS) indicated a positive relationship between education and budget keeping, as 79% of adult South Africans with a tertiary education reported having a household budget.
June marks National Environment Month, which essentially began in 1972 with World Environment Day
The latest hijacking and theft results by vehicle tracking company, Ctrack, lists the VW Polo as the most hijacked passenger vehicle in South Africa.
The annual Kinsey report by Malcolm Kinsey provides an overview of the South African motor vehicle industry, with a focus on the cost of parts for different vehicle models.
Many South Africans may be anticipating the long-term implications of the country’s sovereign credit rating downgrade to BB+ (junk status) by ratings agencies. find out more.
According to the 2016 Life and Disability Insurance Gap Study, the average South African earner has a Life and Disability Insurance gap of R2.1 million
Running your own small business can be quite a risky affair. Hippo.co.za looks at some of these risks.
Justin Bieber, one of the biggest global superstars, is coming to South Africa in May 2017 for his Purpose World Tour
April 29th marks World Veterinary Day, where people across the globe take a moment to celebrate their pets, and, most importantly, the veterinarians who keep them alive and healthy.
Following a cabinet reshuffle by the President and the country’s subsequent sovereign credit rating downgrade to junk status by ratings agency, Standard & Poor, on 3 April 2017, various organisations are taking to the streets to protest
There have been various reactions to the country’s junk status following the sovereign credit rating downgrade to BB+ by ratings agency, Standard & Poor’s, on 3 April 2017
According to a study by Statistics South Africa released in 2015, most South African households were run by single mothers and only 31% of mothers said they were married.
South African consumers have experienced high inflation rates, increased food prices due to the drought, and take home salaries being under pressure in 2016.
According to the National Association of Automobile Manufacturers of South Africa (NAAMSA), new vehicle sales have seen a year-on-year decline for fourteen months until January 2017.
Stay ahead of the curve by planning your April holiday early. | Press Release Articles | Hippo.co.za
Since the beginning of January wildfires have ravaged various areas in the Western Cape destroying vegetation, wine farms, historic buildings and residential houses.
According to Frost & Sullivan, key automotive manufacturers BMW, Toyota, Volkswagen, and Ford have all expanded their investment in South Africa’s automotive sector.
In 2016, South Africa experienced deteriorating GDP growth caused by various factors including the Rand’s depreciation of R15.51 against the Dollar, severe drought, water shortages, and the rising unemployment rate.
According to the eNatis national driver’s licence population statistics, the number of Code B licensed drivers has increased by 10 631 between December 2016 and January 2017.
Finance Minister Pravin Gordhan has given his National Budget Speech detailing a petrol and road accident fund levy increase totaling 39 cents per litre, increased taxes and the new sugar tax.
Online insurance and financial services website, Hippo.co.za, has won the 2017 Feefo Trusted Service award, an independent seal of excellence that recognises businesses for delivering exceptional experiences, rated by real customers.
Motorists have an early holiday gift this December with the petrol price decreasing by 20 cents, diesel by 32 cents and paraffin by 28 cents on Wednesday, December 14, 2016.
Whilst not all accidents result in fatalities, being involved in an accident is still a traumatic experience and people often do not remember exactly what to do.
When providing consumers with choices, ensure that you do not have too many choices and that you are making the selection process easy for them.
Stay ahead of the curve by planning your April 2017 holiday early. This year, all South African provinces have the same school year calendar.
The holiday season is right around the corner and the open road is calling your name. The South African landscape also makes for beautiful road trip views while you travel to your local holiday destination.
Online insurance and financial quote comparison website, Hippo.co.za, saw an opportunity to aid car dealerships and consumers by launching their new car listings comparison platform.
What better way to let your hair down than with a well-deserved vacation where you are free to enjoy life to the fullest.
These days it is easy to shop around online and find your perfect match when it comes to insurance.
In times of instability, consumers are likely to switch service providers at a higher rate, according to new international research.
According to Microsoft, the average human attention span is eight seconds, 33.3% less compared to the twelve seconds in the year 20001.
The National Association of Automobile Manufacturers of South Africa’s (NAAMSA) latest automotive statistics for sales from January to April in 2016 show a 10% decrease compared to the same period in 2015.
Our pets mean a lot more to us than just providing unconditional love and protection, they are loyal companions and considered as part of the family.
Incidents of civil unrest have been on the rise in South Africa over the past year. Who is liable for damages?
Despite the high costs, consumers still rate the health insurance industry an impressive 74.2% when it comes to client satisfaction.
Very few questions are ever asked about the monetary value or insurance cover of you handbag contents.
South Africans have been forced to tighten their belts as the Rand continues to depreciate.
Millennials graduated into tougher economic times than previous generations and it is common knowledge that they favour experiences over worldly goods.
South African consumers do pay comparatively more than other countries when it comes to cellphone contracts, data and calls
The boys of SABC 3’s popular and entertaining lifestyle show, The Man Cave, are back for a fourth season.
Independent market research conducted by Kaufman Levin Associates on behalf of South Africa’s leading financial comparison website, Hippo.co.za, indicated that the three most common cars on our roads are Volkswagen, Toyota and Hyundai.
In a recent survey, 88% of South Africans said they access the Internet via their smartphones.
Reliable, cost-effective and secure Internet connectivity remains a heavily debated issue in South Africa, from the national government to consumers.
At the end of January, the South African Reserve Bank announced a 10.25% increase in the prime lending rate, the amount consumers are charged by the banks when borrowing money.
Meet Philip. He is a well-educated 30-something year old male from Johannesburg with a love for gadgets, cars and the finer things in life.
January’s up. Interest rates are up. In fact, February is budget month and all eyes are on the Minister of Finance on the 24th to see how it will affect their bottom line.
Online comparison website, Hippo.co.za, recently launched its #ComparisonDonts advertising campaign which aims to encourage more South Africans to shop around for various products from a range of SA insurance and financial providers before they purchase.
The festive season only comes around once a year. It’s December, the family is finally on holiday and it’s a special time for everybody to get together and share gifts and memories. Unfortunately many South Africans lose sight of their budgets over the festive season and inevitably end up overspending. In the panic to make sure they have enough money to buy the latest gadgets for their children or pay for an out-of-country trip, people may feel tempted to loan money from untrustworthy sources without investigating the pros and cons first, and could end up in financial trouble.
Uber. Airbnb. Facebook. Skype. Technology is creating transparency. And online businesses are pushing the innovation barrier. Head of Hippo.co.za, Derek Wilson provides insights into online comparison platforms in South Africa.
It’s that glorious time of the year again, vacay time! But before you pack the kids, the sunhats, the board games, the dogs and hook up your caravan for the long haul down to the seaside, make sure to safe proof your home.
In recent market research* for South Africa’s leading insurance and financial services comparison website Hippo.co.za, some interesting insights were presented regarding which cars are the cheapest to insure in Gauteng.
Online financial services can unlock significant economic value that can be passed directly along to consumers, but how exactly is the industry tracking in terms of technology? “In terms of how South Africa is tracking against the rest of the world, we see a huge gap where technology can play a role in championing the consumer,” says Derek Wilson, Head of the online insurance and financial comparison website, Hippo.co.za.
With crime on the rise in South Africa, should vehicle insurance be made compulsory? With the reality of limited budgets and high living costs, how does one budget for insurance? And more importantly, can one afford not to?
The festive season only comes around once a year. It’s December, the family is finally on holiday and it’s a special time for everybody to get together and share gifts and memories. Unfortunately, many South Africans lose sight of their budgets over the festive season and inevitably end up overspending. In the panic to make sure they have enough money to buy the latest gadgets for their children or pay for an overseas trip, people may feel tempted to loan money from untrustworthy sources without investigating the pros and cons first, and could end up in financial trouble.
The recent public debate and nationwide student protests that transpired as a direct result of impending price hikes of tertiary education fees, has set in motion the scrutiny of the price – and ultimately the value – of many things. Because not only does unattainable price hikes affect individuals who can afford to pay for their tertiary education in cash, it also increases the financial burden of those with study loans even further.
It’s that time of the year again: you’ve worked hard every day, battled the traffic to and from work, saved as much money as possible at the end of every month… and now you can finally go on a much deserved and much anticipated trip overseas. But before you pack your bags and hop on a plane, there are some things you should take into account that could potentially save you heaps of cash while at the same time keeping you safe and protected.
Hippo.co.za, Zomato, Trivago and Groupon are some of the most popular online comparison websites currently used by South Africans. These websites can be used to compare products and providers, ranging from insurance to restaurants, and hotels to travel. A recent international study shows that 71% of consumers take to the online space before buying insurance. But where are we standing in terms of online comparisons in South Africa?
Many of us rely heavily on financial brokers to make decisions for us when it comes to our financial portfolios. We trust these men and women to guide us with sound advice and to help us achieve our financial goals in the here and now, and also in the future when we retire. But in the end, what is the real cost of giving money to the middleman, and are we perhaps allowing someone else to make decisions for us that we could easily be making for ourselves?
It is no secret that men generally pay more for car insurance than women. According to statistics the reason behind this is mainly due to men instinctively taking more risks, such as speeding and driving higher performance vehicles, which result in them having higher accident risk profiles.
Buying a house is probably one of the biggest financial commitments you will make as an adult, and for this reason it is important that you do your research before you commit.
In December 2014, Stats SA released its “Marriages and Divorces” report, which is based on data gathered in 2012. According to the report, there were 161,112 civil marriages in 2012, while there were 21 998 divorces registered over the same period – meaning 13.65% of divorces in South Africa.
Deputy President Cyril Ramaphosa recently announced that road users will not receive their licence disks when renewing their vehicle licence if they have not paid their e-toll fees. Many road users were concerned with the impact this may have on their insurance cover.
Recent research conducted by Hippo.co.za shows that 60% of South Africans have changed insurers, 51% of whom have done so in the last two years.
Motorists not only have to deal with e-tolls, increased fuel levies and the general price increases due to inflation, but also a further financial blow in increased petrol costs.
Beleaguerd South African residents will have to budget for additional rate increases such as an 8% increase in refuse collection, 12,19% increase in electricity costs, and 14% rise in water and sewerage in certain areas from 1 July 2015.
More and more people are starting to use online comparison websites to compare not only prices, but also the benefits of the products and services.
Why are people often reluctant to change especially when it comes to service providers?
Winter is creeping up and so are unexpected costs that come with keeping warm during the cold months.
World Telecomunications and Information Society Day (WTISD) was celebrated on 17 May 2015. The purpose of WTISD day is to highlight the importance of communication in society and to create awareness around the benefits of communication and information technologies to the people who use them.
Many think that life insurance is an unneccesary expense as the person paying for it will never benefit from the pay out of a claim. Life insurance is however inportant to have for those with dependents or businesses. When it comes to life insurance, there are various things to consider.
Online platforms have allowed for people to access and compare from different brands and products in order to get the best deal. People are becoming increasingly aware of shopping around online.
South Africans have varying relationships with their pets. Some use pets as an added security measure, but most consider pets to be much more valuable. According to statistics 85% of South African pet owners consider their pets part of the the family, 57% of pet owners regard their pets as their best friend and 81% of pet owners feel that pets are companions that prevent them from feeling lonely.
Winter is around the corner and the colder months usually mean an increase in energy consumption by South Africans. With a 13% increase in Eskom electricity tariffs from the 1st of July 2015 as approved by the National Energy Regulator of South Africa (NERSA) as well as the price of petrol rising to up to R12.83 for 95 octane petrol inland on the 1st of April 2015, South Africans will need to look at ways of saving this winter.
With increasing pressure on consumer finances with increasing electricity costs and petrol prices more an more consumers are looking to switch their provider of car and home insurance, their credit card or cell phone company. The insurance industry like most that provide financial quotations require your consumer personal details. But why is it necessary to provide your identity number to insurers?
Although a competitive market poses the threat of decreasing prices, specifically in the South African insurance industry, there are positive factors as illustrated by Salisbury University’s Journal of Business and Economics Research*, says Derek Wilson, Head of the online insurance aggregator, Hippo.co.za.
South Africa has been gripped by the #CapeFires with homes destroyed, as well as a well-known hotel. Planned evacuations saw to it that there was no loss of human life, but what if you are caught unawares?
Access to digital media and telecommunications services allow consumers to investigate a multitude of products, brands and competitors. Consumers therefore have the power at their fingertips to compare and switch from one brand to the next.
More people experience the consequences of overspending during the holiday season. According to Year End Holiday Survey consumer trends indicated a cut on leisure and holiday expenses amongst South African households during the 2014 festive season. The survey further indicated that 66% of consumers prioritised essential household expenses such as groceries and electricity bills.
The holidays are a time to reconnect with friends and family, take time out to relax and recuperate, and for many to visit new and exciting destinations. These destinations often come with added health risks such as becoming infected with yellow fever, malaria, typhoid and hepatitis A.
President Jacob Zuma’s speech at SONA 2015 touched on issues that directly affect consumers’ pockets such as the unstable electricity grid, rising fuel prices, and rising inflation rates.
According to Tom Tom South Africa, many South African road-users experience the frustration of spending extra time stuck in traffic. More time in daily traffic puts you at a higher risk of being involved in an accident. Luckily the cost of repairs is aleviated for those with vehicle insurance. Or is it? Have you or anyone you know experienced loss where the insurer did not pay out?
A new year brings with it new resolutions, new beginnings and new possibilities. But it can also carry old baggage such as debt, high bills and other financial setbacks. In 2014, South African Banks have written off or planned to write off over R100 billion in debt.
Saving more money is a common New Year resolution and a good practice to maintain throughout the year. With increasing petrol prices and tolls, and the issue of traffic congestion, carpooling could be an economical and less stressful way of getting to work.
People all over South Africa are affected by the recent power cuts since the implementation of stage three load shedding after the collapse of one of Eskom’s silos in Mpumalanga.
The December holiday is a special time for making new memories with friends and family. It is also a crucial time to be alert and safe on South Africa’s roads. Transport Minister, Dipuo Peters, announced 1 376 fatalities caused by road accidents during the 2013 festive season, with the highest number of fatalities in Gauteng and Kwazulu-Natal.
This coming Valentine’s Day you can look at less costly ways to celebrate the love. Valentine’s Day need not comprise of expensive gifts and moments of granduer.There are various ways in which you can share special moments with your partner whilst still going easy on your pocket.
The Financial Service Board (FSB) released the Retail Distribution Review (RDR)* on November 7th, 2014. The review is based on the framework of Treating Customers Fairly (TCF) and proposes 55 policy decisions in order to alleviate issues such as poor customer outcomes and mis-selling of financial products.
Student life, executive life, retrenched life. We could go on, and each stage has a need that online comparison site Hippo.co.za can assist with. Hippo.co.za has shared the report on adult life stages as illustrated by Nicholas W. Weiler and Stephen C. Schoonover, M.D.
Summer flings. Summer fun. Hot dates with new flames. Time to show off that expensive handbag, new cellphone or new designer watch to impress the date. What happens when the fun gets out of hand and one loses or causes damage to any of the valuables?
The much needed holiday season is approaching and those with travel plans are busy finalising the last of their arrangements. Planning and going on holiday in an exotic destination is fun, but are you also prepared for the worst?
Most people are aware of insurance cover if they own a car, house, and business, or have a family to consider in the case of life and funeral cover. There are many South African insurance and financial providers who offer benefits that cover loss or damages to property or provide financial support in case of death or disability of the main breadwinner.
Many South Africans consider buying property to rent as an investment. However, Business Day reports that residential rental performance across the board has worsened since last year. This is due to people not being able to manage their credit agreements once an increase in the interest rate takes its toll. Renters and property owners experience this issue, and in many cases, those who consider buying will opt to wait until the interest rate starts to fall again.
You can now compare motor warranties from a range of South African service providers on Hippo.co.za. When it comes to unforeseen damages to your vehicle such as those caused by accidents or bad weather conditions, vehicle insurance usually covers the repair costs. Other damages such as mechanical failure or electrical failures are however not covered by insurance. For these damages, you would need a motor warranty plan.
South Africans are often faced with circumstances that require medical care and private medical care is often preferred over public medical facilities. Many South Africans have access to private medical care through their medical aid schemes, which can be very costly.
Online and social media platforms as well as reality television shows are filled with videos of freak accidents that resemble scenes from Hollywood horror movies. Strange and unusual accidents can occur to anyone at any moment, and can involve damages to cars, houses and other types of property.
Updating your cell phone every two years, or sometimes sooner, has become a norm for everyone. Updating your laptop, camera and even your game consoles also happen more regularly than say, updating your couch or one of your kitchen appliances. No one wants to be left behind in this digital savvy world we live in.
In South Africa, there are different rainy seasons for different provinces during the year, but each province has their own hazards during these times from Polokwane to Durban, Johannesburg to Cape Town.
We know brand loyalty is dwindling - but what impact has the digital world had on the growing traction of “the switching economy?” A lot according to Derek Wilson, Head of Hippo.co.za, SA’s leading insurance and financial comparison website.
Spring-cleaning season is here! The flowers are blooming, heaters and blankets will be no more, and it is time to declutter. Declutter your policies while you are at it, and make sure you have the best protection in place for what is arguably your most expensive asset.
The majority of South Africans are aware of the various risks associated with driving and the signifcant number of deaths on our roads. News24.com* reported over 1 370 fatal road accidents on South African roads between 1 December 2013 and 7 January 2014”.
Last year, Hippo.co.za launched an intensive interactive media campaign, which won gold at the 2013 annual Assegai Awards.
Most people are aware of what insurance is and the nature of the type of insurance they are taking when insuring their car, home contents or cellular phone.
Whether you are a homeowner or tenant, home insurance is essential to have, but there is a difference in the type of home insurance required.
With prices going up, everyone’s piggybanks are feeling it too. As a result, people compare price differences more accurately, especially online.
More than 5 900 crimes are reported by the over 1 118 police stations in South Africa every day. According to 2013’s crime statistics, Gauteng is the leader when it comes to crime in South Africa, with Cape Town and Kwazulu-Natal close on its tail.
Many people get anxious when thinking about dental appointments.
Hippo.co.za, the online insurance and financial comparison website, recently donated their billboards to the animal shelter, Kitty and Puppy Haven in Midrand.
Planning a trip for the December holidays needs to be done well in advance in order to secure accommodation before resorts and hotels are fully booked, as well as save on flights which become more expensive closer to the holiday period
Load-shedding is nothing new for South African citizens. But load shedding is one thing, power outages are another. Online consumer champion, Hippo.co.za urges you to protect your household items and save on costs.
Hippo.co.za have just launched the Hippo App, which will allow the consumer champion to extend its reach to South Africans with smartphones who want to compare, buy and save.
Online consumer champion, Hippo.co.za the comparison website which urges consumers to compare, buy and save found the perfect fit by sponsoring the popular Chicago Fire TV series on MNet.
The online quote and benefits comparison website, Hippo.co.za, is launching a new advertising campaign around the features and benefits of online comparison.
Buying funeral insurance cover can be a reality check. Plan for the unexpected and save your family the unpleasant reality of high funeral costs.
Car insurance is still seen by many in South Africa as an unnecessary expense. Those who consider car insurance as a ‘grudge purchase’ quickly realize its importance when they experience damage or loss to their car.
Many people are aware of the importance of regular annual check-ups with their dentists, GP’s, gynaecologists and optometrists. But what about regular insurance policy and product check-ups?
Hippo.co.za, South Africa’s leading comparison website for insurance and other personal products has just launched a new online comparison service to help consumers find the best value insurance for their domestic worker.
It is now possible for business owners to compare and buy insurance from multiple SME business insurers online. Carl Louw, Chief Marketing Officer for hippo.co.za says, “It is important that small and medium enterprises implement sustainable growth strate
South Africans have made their mark and voted for their party of choice, but have they thought about how to take control of their finances? Carl Louw, Chief Marketing Officer for hippo.co.za says, “Online comparisons are enabling consumers to take control
South Africans, especially Gauteng residents, have experienced unseasonably high rainfall this year, and what followed has been well documented
As with most special events, holidays require adequate planning and budget reviewing to ensure that you, your family and friends get the most out of your trip.
Due to the proliferation of digital media and consumers making use of the Internet to air their views and complaints, it comes as no surprise that the world is stepping into a culture of switching brands and services.
Motorists not only have to deal with e-tolls, increased fuel levies and the general price increases due to inflation, but also a further financial blow in increased petrol costs.
As with most daily expenses, taking care of your pets does not get any cheaper.
As with any insurance cover, medical aid and other health insurance products and services are available in various shapes, forms, sizes and prices.
Waiting long hours for a flight at OR Tambo airport got a little more interesting recently.
The first school term has almost ended and the April holidays will soon be here. So, will you take a family road trip to Mpumalanga, a weekend away to visit the grandparents in sunny Durban or a couple’s R&R?
First Sun International announced retrenchments, then Naspers said they were shutting down some divisions, followed by Edcon’s retrenchment announcements.
Over the past six years, the Hippo character has firmly established his presence in the South African advertising landscape with adventurous quote-finding excursions and even an ’80s rock anthem explaining why you need his services.
In January, Upstream Advertising, hippo.co.za's marketing and advertising division, approached their above-the-line agency, human.kind, as well as social media and experiential activations agency, NATIVE, to create a campaign that focused on bringing the character behind the hippo.co.za product offering to life.
DE AAR resident takes to the sky
When it comes to getting the best deal on insurance and getting a solution that fits your needs, you have to shop around.
If you own a pet, a visit to the vet is inevitable because pets, just like children, get sick and get into incidents which result in them injuring themselves.
When it comes to getting the best deal on insurance and getting a solution that fits your needs, you have to shop around.
“Aggregators are becoming increasingly significant as a purchasing channel for consumers and as a marketing and selling channel for insurers. We believe that aggregators, which make the process of sourcing and comparing online insurance quotes quicker and easier, will also play a key role in driving acceptance of the internet as a purchasing route and in increasing online insurance sales in South Africa, just as they have in the UK,” concludes Thomas.