Insurance body shows support for new motor industry guidelines
By Motoring Staff
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JOHANNESBURG - The South African Insurance Association (SAIA), as a representative body for the non-life insurance industry, says it supports the objectives of the Competition Commission Guidelines as they relate to the non-life insurance industry and the adoption of proactive measures that promote competition and transformation in the South African automotive aftermarket.
Being a key stakeholder in the Automotive Aftermarket, SAIA welcomed the extensive consultation approach that was adopted by the Competition Commission during this process and hopes that the commission will remain open to engaging with relevant parties where appropriate, during the implementation phase.