TRUCK & PLANT ON-DEMAND
A Global InsurTech First For Commercial Vehicles, Plant Machinery and Agricultural Equipment
Have full control of your insurance, start insuring on your command whether it is for your vehicle, plant, or agricultural equipment.
Never waste another insurance premium on cover you don’t need. Switch to our innovative on-demand insurance cover uniquely designed for the civil, construction and transport industries.
Truck & Plant On-Demand allows you to only pay for cover when you need it and to change your cover based on your business operations at any given time. It’s all in your control.
Whether you’re an owner-run small business, a construction company, or one of the biggest fleet operators on the road, we offer cover tailored to your needs.
HOW IT WORKS
With Truck & Plant On-Demand you have full control of your insurance cover. You choose what you want to insure, when you want to insure it, and how you want to insure it. We understand your industry and need for cover to change as your business needs do.
Our offering was created on the simple premise that you shouldn’t have to pay the same premium every month, when the cover you need isn’t always the same.
HOW IT WORKS
With Truck & Plant On-Demand you have full control of your insurance cover. You choose what you want to insure, when you want to insure it, and how you want to insure it. We understand your industry and need for cover to change as your business needs do.
Our offering was created on the simple premise that you shouldn’t have to pay the same premium every month, when the cover you need isn’t always the same.
WHAT WE COVER
COMMERCIAL VEHICLE INSURANCE
We offer the full spectrum insurance including heavy commercial vehicles (HCVs), trucks and trailers, as well as light duty vehicles (LDVs) commonly referred to as ‘bakkies’. Our cover includes recovery, non-accident towing, windscreen damage, and roadside assistance.
OTHER AVAILABLE INSURANCE PRODUCTS
Goods in Transit
Environmental spillage & clean-up
Excess Buy down & Downtime,
Contactors All Risk Liability,
Machinery Breakdown,
Consequential Losses,
Employment Practice Liability,
General Liability,
Directors & Offices Liability,
Professional Indemnity
AGRICULTURAL INSURANCE
We provide a bespoke solutions for South African farmers. Farmers require a unique business solution addressing the challenges, risk and threats. Our commitment has an emphasis of availability, affordability and peach of mind.
PLANT ALL RISK INSURANCE
Covers for loss of, or damage to, construction plant and equipment whilst in storage, transit, on the contract site or when in use as a tool of trade.
TOOLS INSURANCE
Tools out on hire, Small Tools hired-in requires a rapid insurance commitment. We covers the cost of replacing if they’re lost or damaged, 24/7/365 and go the extra mile, offering consequential losses too.
TERRITORIES CONSIDERING OUR INSURTECH
SIMPLE CLAIMS PROCESS
We’ve made our claims process as simple as possible. Our top priority is to keep down time to a minimum to reduce the impact on your business. We do our best to authorise repairs within 48 hours of receiving all necessary documentation and/or the assessor’s report.
Claims are lodged directly on our web portal and a Claims Assistant will be assigned to guide you through the process and give you the support you need to have your claim speedily resolved.
DO YOU NEED A BROKER?
The short answer is ‘yes’. Whether you’re a florist with a bakkie, a sand and stone transporter, a civil contractor, or have a whole fleet of heavy commercial vehicles, we are required to appoint an insurance broker. You want to protect your business against the unexpected and a broker acts in your best interest and only to your advantage.
Insurance brokers are invaluable in the personal support of client – often after hours. By working together with a broker, as an insurer, we’re able to more effectively process claims from beginning to end – which is to everyone’s advantage.
GET THE RIGHT COVER FOR YOU
Insurance is a grudge purchase, we all know it. But in the moment when you need it, having the right cover affords immense relief and peace of mind. The guidance of a broker is vital in assisting you to get the right protection for the assets that are most important to you and your business.
WHY USE A BROKER
Get objective insurance expertise and benefit from their depth of experience.
They understand and assess your risk, then look for the best options suited to your needs.
They take the time to build long-term relationships and fully understand your business.
They’re highly qualified and will provide you with excellent advice.
You can stay focused on your business while they take care of your insurance needs.
They’re always on your side.
FREQUENTLY ASKED QUESTIONS
New, modern outlook on Insurance
There is a growing reliance on smartphones, mobile apps and social media. This has impacted both the insurance industry and the consumer. Tech-savvy consumers and particularly the Millennials and peers thereafter are the new generation of buyers. Catering for the latter necessitates Social Media Optimisation (SMO) and Search Engine Optimisation (SMO) like never before. Consequently, we need to accommodate the new need without fail.
Our solution
With the assistance of InsurTech and going beyond by adding On-demand as the most modern vessel to insure, the consumer will bring the premium closer to your actual losses encountered, creating a Disruptor of note. In the presence of smartphone technology the consumer need not insure like old. The aforesaid technology will define the fluctuating risk and effect the end of flat rated policies.
What is “InsurTech”?
Across the Globe clients are seeking to secure cost-saving initiatives. Technology innovations by means of InsurTech initiatives are successfully addressing the request, designed to squeeze out savings and efficiency from the current insurance industry model.
The word “InsurTech” refers to “insurance” and “technology” thus understanding it embraces innovations not developed prior the 4th Industrial Revolution, we are encountering now. Insurtech is the use of technology innovations which ensures insurance products are priced more competitively and therefore designed to make the current insurance model more effective.
The insurance industry is ripe for innovation, Pay-as-you-go is here to stay.
What is “On-demand”?
Historically the insurance fraternity has been collecting a premium, irrespective of a fluctuating risk. On-demand insurance allows the customer to be in control, choosing the when and what to insure, undisputedly delivering in flexible affordability. No other technology can ensure a response request like a smartphone hence the boom of the Mobile App industry.
C-19 was a mere catalyst, the world of insurance was leaning towards a tech-enabled innovations enabling the client to be in control. Millennials are used to using their smartphones to book flights, to watch movies and even to organise their love lives, so why should buying insurance be any different?
On-demand insurance delivers because:
It’s easy,
It is quick,
Cost-saving, cost-effective,
Allows instant peace of mind,
Enable the client to be in control and
Many rewarding a referral, unlike ever before.
What is a Disruptor?
We are experiencing the 4th Industrial Revolution now due to an ever-changing industry adopting technology. C-19 did not bring about the change or the altered manner in marketing insurance but can surely be deemed the catalyst that sparked it.
By understanding the definition you will realise the urgency of your call, it reads: Someone (you) or something (InsurTech), that interrupts an activity (Insurance Industry) or process (rattling the old manner) by causing a disturbance (challenging you to change your mind-set).
Are you a Disruptor, have you adopted technology? Are you replying with a “No”, don’t think it is too late, were are there to assist. Be concerned if you don’t respond!
Other “Buzzwords” of late
Artificial Intelligence
Accurate information allows for more efficient underwriting and instantaneous delivery of risk exposure, limits waste of revenue. Insurance is all about risk thus migrating the exposure to predictive and scientific underwriting. Thus the more the more information that an insurance company has about the consumer, the easier it is to make accurate predictions.
The insurance industry is turning to Artificial Intelligence, machines / computers which are capable of analysing data and situations, instantaneously to providing a more accurate analysis. Artificial Intelligence helps in enhancing customer experience and customization.
IoT, Internet of things:
Due to the newly adopted inherent, unquenchable quest for accurate data, non-traditional devices are connected to the internet. InsurTech is taking advantage of the “Internet of Things”, collecting data for insurance companies to use it in their algorithms. Many aspects of insurance is changing as “IoT” feeds the companies with real-time online data, improving risk and safeguarding the end user.
Claims process are streamlined, potential fraud is identified and timeously eliminated but more real-time online data becomes more onerous. It is forcing the Insurers to become more scientific in their underwriting but so too enforces insurance companies to strengthen their cybersecurity and improve their overall digital privacy hygiene safeguarding the risk of data breaches.
Blockchain
Securing the storing of data has never been as significant. As for insurance, Blockchain is highly effective in eliminating risks due to human error and assist in dealing with data breach attempts facilitating maximum security.
The insurance industry deals with much personal data and therefore the participating parties need to ensure the client’s data in their possession is secure. The technology goes further, it ensures that the data can be trusted because the technology employs various methods to ensure data accuracy. Data can move directly move from one party to the other further enhancing transparency and eliminating human error.
It is to date the most secure technology and since its inception, irrespective of numerous attempts, no one has successfully managed to hack a Blockchain based application.
Chatbot
Conversational Artificial Intelligence Agents also known as a “Chatbot” provide a wonderfully interactive way for businesses to interact with both current and prospective customers. But there are several pitfalls that corporations may want to avoid to ensure maximum efficiency.
Artificial Conversational Agents are quickly becoming an essential service in the customer service industry. Many companies, from banking to insurance, have increasingly begun to use digital agents as a fun and efficient way of interacting with new and existing customers.
The benefits are pretty obvious. Conversational agents can simulate conversations with customers in normal language via text or even text-to-speech, thereby enabling interaction between customers and companies on a host of channels.
FREQUENTLY ASKED QUESTIONS
New, modern outlook on Insurance
There is a growing reliance on smartphones, mobile apps and social media. This has impacted both the insurance industry and the consumer. Tech-savvy consumers and particularly the Millennials and peers thereafter are the new generation of buyers. Catering for the latter necessitates Social Media Optimisation (SMO) and Search Engine Optimisation (SMO) like never before. Consequently, we need to accommodate the new need without fail.
Our solution
With the assistance of InsurTech and going beyond by adding On-demand as the most modern vessel to insure, the consumer will bring the premium closer to your actual losses encountered, creating a Disruptor of note. In the presence of smartphone technology the consumer need not insure like old. The aforesaid technology will define the fluctuating risk and effect the end of flat rated policies.
What is “InsurTech”?
Across the Globe clients are seeking to secure cost-saving initiatives. Technology innovations by means of InsurTech initiatives are successfully addressing the request, designed to squeeze out savings and efficiency from the current insurance industry model.
The word “InsurTech” refers to “insurance” and “technology” thus understanding it embraces innovations not developed prior the 4th Industrial Revolution, we are encountering now. Insurtech is the use of technology innovations which ensures insurance products are priced more competitively and therefore designed to make the current insurance model more effective.
The insurance industry is ripe for innovation, Pay-as-you-go is here to stay.
What is “On-demand”?
Historically the insurance fraternity has been collecting a premium, irrespective of a fluctuating risk. On-demand insurance allows the customer to be in control, choosing the when and what to insure, undisputedly delivering in flexible affordability. No other technology can ensure a response request like a smartphone hence the boom of the Mobile App industry.
C-19 was a mere catalyst, the world of insurance was leaning towards a tech-enabled innovations enabling the client to be in control. Millennials are used to using their smartphones to book flights, to watch movies and even to organise their love lives, so why should buying insurance be any different?
On-demand insurance delivers because:
It’s easy,
It is quick,
Cost-saving, cost-effective,
Allows instant peace of mind,
Enable the client to be in control and
Many rewarding a referral, unlike ever before.
What is a Disruptor?
We are experiencing the 4th Industrial Revolution now due to an ever-changing industry adopting technology. C-19 did not bring about the change or the altered manner in marketing insurance but can surely be deemed the catalyst that sparked it.
By understanding the definition you will realise the urgency of your call, it reads: Someone (you) or something (InsurTech), that interrupts an activity (Insurance Industry) or process (rattling the old manner) by causing a disturbance (challenging you to change your mind-set).
Are you a Disruptor, have you adopted technology? Are you replying with a “No”, don’t think it is too late, were are there to assist. Be concerned if you don’t respond!
Other “Buzzwords” of late
Artificial Intelligence
Accurate information allows for more efficient underwriting and instantaneous delivery of risk exposure, limits waste of revenue. Insurance is all about risk thus migrating the exposure to predictive and scientific underwriting. Thus the more the more information that an insurance company has about the consumer, the easier it is to make accurate predictions.
The insurance industry is turning to Artificial Intelligence, machines / computers which are capable of analysing data and situations, instantaneously to providing a more accurate analysis. Artificial Intelligence helps in enhancing customer experience and customization.
IoT, Internet of things:
Due to the newly adopted inherent, unquenchable quest for accurate data, non-traditional devices are connected to the internet. InsurTech is taking advantage of the “Internet of Things”, collecting data for insurance companies to use it in their algorithms. Many aspects of insurance is changing as “IoT” feeds the companies with real-time online data, improving risk and safeguarding the end user.
Claims process are streamlined, potential fraud is identified and timeously eliminated but more real-time online data becomes more onerous. It is forcing the Insurers to become more scientific in their underwriting but so too enforces insurance companies to strengthen their cybersecurity and improve their overall digital privacy hygiene safeguarding the risk of data breaches.
Blockchain
Securing the storing of data has never been as significant. As for insurance, Blockchain is highly effective in eliminating risks due to human error and assist in dealing with data breach attempts facilitating maximum security.
The insurance industry deals with much personal data and therefore the participating parties need to ensure the client’s data in their possession is secure. The technology goes further, it ensures that the data can be trusted because the technology employs various methods to ensure data accuracy. Data can move directly move from one party to the other further enhancing transparency and eliminating human error.
It is to date the most secure technology and since its inception, irrespective of numerous attempts, no one has successfully managed to hack a Blockchain based application.
Chatbot
Conversational Artificial Intelligence Agents also known as a “Chatbot” provide a wonderfully interactive way for businesses to interact with both current and prospective customers. But there are several pitfalls that corporations may want to avoid to ensure maximum efficiency.
Artificial Conversational Agents are quickly becoming an essential service in the customer service industry. Many companies, from banking to insurance, have increasingly begun to use digital agents as a fun and efficient way of interacting with new and existing customers.
The benefits are pretty obvious. Conversational agents can simulate conversations with customers in normal language via text or even text-to-speech, thereby enabling interaction between customers and companies on a host of channels.
Situated in Cape Town, Stay Sure Insurance Brokers provides a wide range of customised insurance solutions to private and commercial clients nationally and throughout Africa.
We subscribe to the office of the Ombudsman for Short-Term Insurance, and are subject to the jurisdiction of the FAIS Ombud.
Stay Sure Insurance Brokers (Pty) Ltd (Reg No. 9512577/07) | Authorised Financial Services Provider | Member of the Financial Intermediaries Association (FIA) | Member of United Global Brokers | Financial Sector Conduct Authority (FSCA) License No. 2635
+27 (0)861 086 000
+27 (0)21 975 1100