“Our environment is marked by manifold challenges – value loss due to inflation, sluggish economic development, as well as sustainability agendas that are critically reviewed in some sectors and countries. At Allianz, we remain steadfast in…
"There are three key strategies that modern farmers typically evaluate during the decision-making process: reduce the probability of the occurrence of a possible contingency, transfer the risk utilising insurance, or mitigate the impact of production…
"The challenge clients face is while it may be economically more sensible to pay a claim versus engaging the services of a legal team, a single payout for a slip-and-fall incident can set a precedent. Should a settlement become public knowledge,…
"South Africa lacks a reliable system for recording vehicle accident history, and less than 30% of vehicles are insured, meaning the quality and safety of many vehicles on the market – and the roads – are also worrying. This unfortunate trend…
"Given the increasing complexity and volatility of these risks, structuring an insurance programme that adequately mitigates exposure requires specialist broking expertise and access to both local and international insurance markets," says Georgina…
“Sherry brings a dynamic mix of leadership, industry expertise, and a real passion for delivering great customer experiences. She understands the evolving needs of policyholders and has a track record of driving meaningful change. We’re thrilled…
"Apart from combatting the boredom of being stuck in traffic and decreasing your carbon footprint, apps such as JustGo and Ugomyway help you to share a ride with people who are travelling the same way as you are so you can offset some of your…
"The VAT changes will necessitate additional communication to insurance buyers over the next 2 years (as the increase is staggered) notifying them of the price increase and that sums insured need to be adjusted, which may be confusing.," says…
"Upgraded infrastructure would reduce the cost of vehicle upkeep, lessen fuel consumption, and decrease wear and tear on trucks and other vehicles, leading to lower operational expenses for businesses. These benefits could enhance profitability…
“The first point to consider is whether the solar installer is qualified, experienced and reputable. We recommend that consumers conduct online searches of each installer and assess reviews of their services by previous clients before turning…
"The insurance sector is at a critical juncture, where embracing the digital transformation is no longer optional but imperative for ensuring long-term viability and relevance. At INSETA, we believe that an industry-driven curriculum overhaul,…
“Technological innovation is a key driver of this transformation, but new advancements also bring new risks, exposures and the need for tailored risk management strategies. Many renewable energy developers are adopting emerging technologies…
“We’re a digitally-driven business, constantly innovating to make processes more efficient for all stakeholders – customers, brokers and mobile service teams. This efficiency reduces the cost of claims, and boosts customer satisfaction,” says…
"As an insurer, our strategic approach extends beyond financial protection to actively mitigating risks and creating tangible value for our customers. Partnerships like these align with our core business objectives of understanding and reducing…
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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