CAPITAL CORP. SYDNEY

73 Ocean Street, New South Wales 2000, SYDNEY

Contact Person: Callum S Ansell
E: callum.aus@capital.com
P: (02) 8252 5319

WILD KEY CAPITAL

22 Guild Street, NW8 2UP,
LONDON

Contact Person: Matilda O Dunn
E: matilda.uk@capital.com
P: 070 8652 7276

LECHMERE CAPITAL

Genslerstraße 9, Berlin Schöneberg 10829, BERLIN

Contact Person: Thorsten S Kohl
E: thorsten.bl@capital.com
P: 030 62 91 92

Legacy Chronicle – June 2018

Question: 
How do I download the MY POLICY APP?

Answer:
1. Go to the app Store or Google Play Store on your smartphone.

2. Select the MY POLICY APP and click on “Get” or “Install”.

3. Once the MY POLICY APP has opened on you smart phone, you can log in.

Question:
How do I log in to the MY POLICY APP?

Answer:
You can log into the app by using your username and password. Your username is your policy number and the password is your ID number. Once you have registered, you will be able to change your password.

Voila! Enjoy your MY POLICY APP …

Legacy is proud to be a business partner of Santam and would like to congratulate them on their 100thyear celebration.

On 28 March 1918 the South African National Trust and Assurance Company Limited and Suid‑Afrikaanse Nasionale Trust- en Assuransiemaatskappij Beperk was registered, and has become the household name known as Santam.

A small group of Afrikaners and a Scotsman got together in the Royal Hotel in Cape Town.  With a shared dream, to found an insurance company that would give South Africans access to the economy. Santam opened its doors for business on 1 May 1918 at 10 Burg Street in the Cape Town CBD.

100 Years later Santam grew into South Africa’s largest short-term insurer and one of the country’s top-performing listed companies that has investments and clients in 33 countries outside South Africa, including Namibia, Zimbabwe, Morocco, India and Malaysia.

As from Legacy’s existence in 2003, we decided to sign a partnership with Santam as our values and visions of how we do business are the same – with integrity, passion, humanity, innovation and excellence.

Legacy would like to review some interesting facts of Santam’s achievements over 100 years;

  • 1918: Sanlam is registered as a full affiliate of Santam and takes over African Homes Trust.
  • 1924: Declares its first dividend of 7,5%.
  • 1935: Disposes of Homes Trust, selling all its shares to Sanlam for £148 843.
  • 1948: Starts doing business in Rhodesia – first in Salisbury and later in Lusaka.
  • 1958: Pays out £10 000 to a farmer from Grootfontein in South West Africa who had lost an eye, probably one of the largest amounts ever to be paid out, for losing an eye. In the same year Santam Trust’s letterhead wins first prize in the SA Art Industry exhibition.
  • 1968: Chairman Dr CR Louw steps down after 50 years as board member andthe company posts a record net profit.
  • 1972: The head office in Main Road, Port Elizabeth, received a bronze medal as the best piece of architecture in the Eastern Cape.
  • 1978: Sanlam becomes the majority shareholder in Santam.
  • 1989: Elida Meintjies start working as advocate at Santam and making them the first short-term insurer to have an advocate in its service.
  • 1998: A 24 hour fraud-reporting phone line was introduced.
  • 2006: Santam is rated the top primary insurance company on the African
  • 2010: Sanlam sold their 68.75% stake in MiWay to Santam
  • 2012: Santam is voted the FIA’s Insurer of the year for Personal Lines and Commercial insurance and received local and international recognition.
  • 2015: FIA votes Santam as the best short-term insurer and receives a number of Loeries for advertising. The first female Chief Executive to be appointed at Santam was Lize Lampbrechts.
  • 2016: Voted top Personal and Business insurer in the Sunday Times Top Brands Survey and is certified as one of the top employers.
  • 2017: Leading short-term insurer in South African in both corporate and personal insurance categories.
  • 2018: Celebrating its centenary.

Santam is praised for always being available in times of need – some of the major events where they were involved include;

  • 1981:  Laingsburg flood where 184 homes were destroyed.
  • 1988:  Flooding that hit the Orange Free State and Northern Cape and was the country’s most severe to date.
  • 1996: A massive cloudburst hit Pretoria on 19 January.
  • 2002:  Heavy rains between Mossel Bay and East Londen results in millions of rands damage.
  • 2015: Table Mountain Fires between February and April almost destroyed 7 000 hectares of land.
  • 2017:  Gauteng and Durban were battered by storms and were there major losses and the Knysna Fire that destroyed hundreds of homes and more than 10 000 people had to be evacuated.

Santam’s commitment to their clients is what separates them from the others.

They are always there if things go wrong.

Have you checked your insurance renewal this year?

  1. Have you checked if your insurance contract is still up to date and relevant? Avoid being caught empty handed.
  2. Remember it is your duty to insure your items for their correct values. Avoid being under insured. Make sure that you read your policy on under-insurance and the application of average.
  3. Having an accident is extremely stressful. Keep your insurer’s & roadside assistance numbers on you at all times. They can help you when you need it most.
  4. You will need to prove the existence and value of any item you claim. Keep invoices, valuation certificate and receipts in a safe place.

Legacy would like to congratulate Thea Prinsloo (left) and Elize van der Merwe (right) for their 10 years of excellent and committed service.

Did you know that Hollard not only specialises in Commercial and Personal insurance, they also have a wide range of niche products available!

Here is a quick reminder of a few special types of products that can also be placed with them.

An expert team with engineering and insurance backgrounds, able to handle projects of any size. Thanks to their significant level of specialist expertise, Hollard-Scintilla is the construction insurer of choice for many insurance intermediaries and is well-respected both locally and internationally.

Unique, specialist insurance for appreciating assets, art, antiques and collectables. Hollard have years of experience dealing with private and corporate collectors, antique dealers, fine art dealers, auction houses, museums, exhibitions, restorers, artists, specialist packers and shippers.

Insurance products covering risks associated with the movement of cargo by ship, road, rail, air and post. Our cover extends to stock throughput risks and project cargo (ALOP/DSU). Hollard’s cover also offer hull and specialist liability insurance, such as Charterer’s Liability, Stevedore’s Liability and Ship Repairer’s Liability.

A niche range covering against the risks experienced in the agricultural sector. Their products are as unique as the individual needs of the farmer, covering risks pertaining to cooperative and estate wine cellars, fresh produce packaging and cooling plants, liability, exports, products guarantee, plastic tunnels, poultry, warehouse liability and personal lines requirements of the farmer etc.

We are very proud to announce that we have teamed up with Hollard, South Africa’s largest privately-owned insurance group to provide a superb product and facility where the broker can place unsupported motor business. According to the South African Insurance Association 2017 Annual review, motor insurance remains the largest short-term insurance business class, accounting for approximately 45% of short-term insurance business. Thus we have secured a product to facilitate the broker to capture this market with the assistance of Legacy Underwriting Managers.

This product will officially launch on the 1st of July 2018 and we encourage all of our brokers to start quoting and placing business without delay on this new Product.  We will facilitate and assist with all the necessary queries about the product offering and underwriting criteria applicable, to all our broker partners shortly.

Not to let the cat out the bag; but watch this space for other big things to come from our unsupported motor facilities.

The latest addition to our growing Art Collection:

“Indian Street Festival” 
Robert Gwelo Goodman (1871-1939)

Medium: Oil on Canvas
Size: 36cm x 50cm

Many Indian states and regions have local festivals prevalent from religious and linguistic culture and traditions. Gwelo enthusiastically captured the zeal and energy of such a festival.  As can be seen in this painting, titled “Indian Street Festival”, Gwelo portrayed his surroundings with great sincerity and meticulous detail.

The composition consists of four distinct horizontal planes. The foreground is mostly covered in the shade of surrounding trees, with a play of the sun’s rays trickling through the leaves onto the street’s surface. Here it can already be appreciated why the artist was later described by many writers as a master of sunshine. The centre of attention, is the busy and energetic scene of the festival that looks as though it is being celebrated with joy and enthusiasm.  A large gathering of people is loosely and informally strung across a horizontal rectangle in the middle of the composition. The women are wearing traditional colourful Sari’s, each one being unique, elaborately decorating the ornamental street scene. In the background of the crowd, an Indian elephant is making its way through the crowd with two passengers on its back. The street plane that extends beyond the frame of the picture, is enclosed within the parameters of a great city wall depicting a staircase ascending to a rising temple that fill the view of the horizon. Above the skyline of the city wall an intensely luminous azure blue sky is juxtaposed against the sandstone coloured walls, creating a striking impression.  The large Bodhi tree in the far right of the composition gracefully tower towards the sky. The horizontal shapes that are formed with the street plane and city wall communicates peace and passiveness, creating a masterful contrast with the excitement and energy brought on by the opulent colours and textures of the street festival.

If your clients encounter unfortunate incidents during the year, please remember that
The Legacy Call Center will always be ready to gladly assist you in need.

You can call Legacy on 086 124 3648

– The Legacy Team

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