Sentry expands into insurance

September 2001 News & Events

In a first for the security industry, Sentry Security, recently acquired by ADT Fire and Security, has launched a unique insurance policy that covers its clients for theft during the short time span between alarm activation and the arrival of a Sentry response vehicle.

The 'smash and grab' policy is one of several recent innovations from Sentry Security's Financial Services division, and has been underwritten by Guardrisk Insurance Company.

"The insurance product was developed in response to customers' changing needs and would protect their mainstream insurance premiums or no claim bonuses," said Pierce Butler, Sentry Group Financial Director. "The product has been structured so that there is no excess payable, claims are settled within 48 hours and there is a significant accidental death benefit."

He added that the establishment of Sentry Security Financial Service was a major step forward in their ongoing efforts to add value to their customer base. "Early take-up of the policy has been very encouraging and we expect to see substantial growth in our Financial Services side."

For further information contact René Marx, Manager: Sentry Security Financial Services, on tel: (011) 788 5547.





Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Highest increase in global cyberattacks in two years
Information Security News & Events
Check Point Global Research released new data on Q2 2024 cyber-attack trends, noting a 30% global increase in Q2 2024, with Africa experiencing the highest average weekly per organisation.

Read more...
From the editor's desk: A burning issue
Technews Publishing News & Events
      Welcome to the first publication from SMART Security Solutions devoted to the fire industry. In the BMI report, sponsored by the Elvey Group, released earlier this year, fire was the smallest component ...

Read more...
From the editor's desk: Keeping them out, keeping you aware
News & Events
Alarm, intrusion, and perimeter protection have been part and parcel of South African society for years. Many years ago, a home alarm consisted of wires covering one’s windows, which caused an alarm ...

Read more...
SMARTpod talks to The Risk Management Forum
SMART Security Solutions Editor's Choice News & Events Security Services & Risk Management Videos Training & Education
SMART Security Solutions recently released its first SMARTpod podcast, discussing the upcoming Risk Management Forum Conference 2024, which will be held on 26 September 2024 at the Indaba Conference Centre in Fourways, Johannesburg.

Read more...
New State of Physical Access Control Report from HID
HID Global Editor's Choice Access Control & Identity Management News & Events
HID released the 2024 State of Physical Access Control Report, identifying five key trends shaping access control's future and painting a picture of an industry that has been undergoing considerable transformation.

Read more...
Workforce Consortium to reskill 95 million people
Editor's Choice News & Events AI & Data Analytics
ICT Workforce Consortium of global leaders has come together, committing to train and upskill 95 million people over the next 10 years, as 92% of jobs analysed are expected to undergo either high or moderate transformation due to advancements in AI.

Read more...
Tech Trailblazers seeks the most innovative and diverse investors in enterprise tech
News & Events
This year, the global enterprise tech startup awards, the Tech Trailblazers, is looking for the most innovative and diverse VCs as well as its usual hunt for groundbreaking tech start-ups.

Read more...
ONVIF standards drive growth in physical security market
News & Events
ONVIF has announced that more than 30 000 product models in the $120  billion global physical security market meet the ONVIF conformance requirements for interoperability.

Read more...
Western Digital reveals new solutions
Products & Solutions News & Events Infrastructure
Western Digital unveiled new solutions and technology demonstrations at the Future of Memory and Storage Conference 2024. The innovations cater to diverse market segments, from hyperscale cloud to automotive and consumer storage.

Read more...
Challenges in SMME financing and support
News & Events Financial (Industry)
In a step towards empowering small, medium, and micro enterprises (SMMEs), a recent forum was held in KwaZulu-Natal aimed at developing and growing SMMEs through public-private collaboration.

Read more...