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Life & Health Insurance

 

Life & Health Insurance / 08-02-24 / Tommy Jackson

Discovery Health data shows over R3.2bn paid for cancer treatment in 2023

"A Lancet Oncology Commission report titled 'European Groundshot – Addressing Europe's Cancer Research Challenges' estimated that due to 100 million screenings that were missed in Europe during the COVID-19 pandemic, one million European citizens…

Life & Health Insurance / 08-02-24 / Kwanele Sibanda

Acquisition | Sanlam Limited acquires Assupol Holdings

"This acquisition by Sanlam will not only strengthen Assupol's position in the market but also enhances our ability to continue providing exceptional value to our clients. We are excited about this new chapter and look forward to the benefits…

Life & Health Insurance / 08-02-24 / Tommy Jackson

ASISA announces appointment of Adrian Burke as acting CEO

"The ASISA Board is prioritising the recruitment of a new CEO, but we expect that finding the candidate may take a couple of months. We have therefore decided to appoint Adrian Burke as acting CEO until a permanent appointment can be made,"…

Life & Health Insurance / 02-02-24 / Mark Neil

Mark Neil | Life insurance trends to watch in 2024

"Income protection has come to the fore as a product that continues to unlock value for financial advisers as a means of catering for affordability challenges and superior claims processes for their clients," says Mark Neil, Chief Distribution…

Life & Health Insurance / 23-01-24 / Sisanda Ndlovu

Unlocking the true value of life cover: overcoming the misconceptions

“The reality for many South Africans is that the idea of life cover remains entangled with reluctance and is often perceived as a grudge purchase despite the undeniable financial benefits that come with a comprehensive policy,” says Vhutshilo…

Life & Health Insurance / 22-01-24 / Sisanda Ndlovu

An analysis of gap claims indicative of the erosion of medical scheme benefits

"Total gap insurance claims paid between January and November 2023 by Sirago amounted to over R106 million that policyholders would have to foot from their own pockets had they not had gap insurance in place,” explains Martin Rimmer, CEO of…

Life & Health Insurance / 17-01-24 / Velmah Nzembela

Velmah Nzembela | Time for an insurance policy review in the new year

"Long-term insurance, encompassing life, disability, and income protection policies, forms the backbone of financial security, and regularly reviewing these policies is paramount, given life's dynamic nature," says Velmah Nzembela, Chief Marketing…

Life & Health Insurance / 15-01-24 / Tau kaVodloza

New year, new financial commitments: developing new financial habits in 2024

"Life cover isn’t merely for long-term financial security; it's a means of leaving a legacy behind upon which your family can build a better future, and also ensures that your loved ones aren't burdened with financial strain, preserving the…

Life & Health Insurance / 20-12-23 / Chris Smit

Sanlam Fintech hires globally competitive exco team

"We have carefully listened to the needs of the market and are responding in a way that positions us to serve both today's clients and those of the future. Our vision for Sanlam Fintech is to be the best, most cost-effective means of offering…

Life & Health Insurance / 13-12-23 / Tau kaVodloza

Rise in life insurance fraud - stay sharp and protected

The fact that insurance fraud isn't a victimless crime has been highlighted by the startling case of a 49-year-old woman in Mmabatho who was arrested a few weeks ago for the murder of family members, including her husband and three children,…

Life & Health Insurance / 13-12-23 / Shelly Nxumalo

The silent struggle: Mental health stigma among young professionals

"There is also a prevailing misconception that acknowledging mental health challenges equates to weakness or incompetence perpetuates the stigma,” says Dr. Marion Borcherds, Senior Manager and Head of Wellbeing at AfroCentric, a subsidiary company…

Life & Health Insurance / 08-12-23 / Tommy Jackson

State of South Africa’s mental well-being a cause for concern

“Workforce resilience matters because businesses that put their people first are more likely to thrive. By creating a workplace environment that provides security, motivation and belonging, employees and colleagues are better able to weather…

Life & Health Insurance / 08-12-23 / Chris Smit

Creating an inclusive workplace for every ability remains key

"Diversity is a cornerstone of society, it becomes even more pertinent for companies to adopt a human-first approach, addressing the holistic needs of individuals. An example of this approach is evident in our commitment to thinking human first,…

Life & Health Insurance / 08-12-23 / Shelly Nxumalo

Doves Group announces strategic partnership with African Unity Life

“This partnership with African Unity Life is not just a business strategy; it is a leap into a future where we see our company not only recovering from the loss of 3ixty Life but also thriving. Our combined efforts will focus on selling both…