“I want to congratulate Prabashini on her well-deserved appointment. I am confident that Prabashini will bring the clarity, energy, and accountability needed to lead her team and create value across these business units," says Old Mutual Group…
"Accident cover plays a critical role for individuals who need an affordable way to access quality care. But it's important to know what you're getting and what may be missing before you buy," says Aleesha Reddy, GM for Product Development…
"Millennials are carrying the weight of unsecured credit, rising living costs, and delayed asset acquisition like home ownership. The encouraging sign is that this group is actively seeking support - they're not shying away from their financial…
“The 2024 Standard Bank Flexible Funeral Plan data shows that 10% of policyholders have coverage below R15,000 - an amount unlikely to cover even basic funeral expenses. These individuals face financial vulnerability, with many relying on emergency…
"We're seeing people make life-altering financial decisions without the information, support or advice they need. But the right intervention at the right moment can shift outcomes. The opportunity is there – we just need to scale it," says Kanyisa…
“Behind every claim is a promise honoured. We exist to pay claims, but we do so responsibly, supported by robust underwriting and ongoing product innovation that keeps pace with our clients’ evolving needs," says Joretha Bothma, Head of Product…
"At BrightRock, we've always believed life insurance should evolve with people's needs, because in life, change is inevitable. Our purpose is to help people navigate change in their lives and the Change Science Institute is a natural extension…
"As a financial adviser, you understand how complex the claims process can be - this is when your clients rely on you to provide them with support as they navigate a challenging moment in their lives. Clients have many questions and concerns…
"Our involvement in the B20 and G20 is well aligned with our Group's commitment to financial inclusion, digital transformation and the expansion of insurance markets across Africa. We believe that hosting the events on African soil will bring…
“Cancer claims under the Severe Illness category rose by 30% year-on-year – prostate claims doubled in men and breast cancer claims rose 33% in women. These increases, while concerning, are partly the result of the knock-on effect of the Covid-19…
"Young South Africans carry a deep sense of responsibility, not just for themselves, but for older generations. For many, funeral cover is a way to support family and earn respect. It's become a rite of passage into adulthood - a way of saying,…
“Insights like these point to a need for more comprehensive lifestyle protection cover, as death and unexpected medical diagnoses are not the only risks that can have a significant effect on your family and lifestyle. Unexpected life events,…
"If you wait until 40 to get one, you could be less fit and healthy, and even have a pre-existing condition like high blood pressure or raised cholesterol, which could make it harder or more expensive to get the same protection," says Sean Hanlon,…
"Today’s regulatory and competitive environment emphasises the importance of ongoing client engagement. Brokers must regularly revisit and reassess their clients’ needs to ensure advice remains relevant amidst life changes, such as shifts in…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
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