"The Forerunners are indeed writing a new playbook – they are taking more control and are no longer willing to be 'passive recipients' of retirement thinking. That makes it incumbent on financial services providers to ensure that marketing programs…
"We are very proud to be championing the TNFD principles in Africa. We have always maintained that Africa's contribution to climate mitigation is the preservation of biodiversity assets given that our continent is the lowest emitter of greenhouse…
"Life insurers displayed significant resilience over the past three years in an unprecedented operating environment marked by the effects of a global pandemic, a struggling economy and consumers under severe financial pressure," says Gareth…
"It is also important to be absolutely honest in your policy application. All medical conditions must be disclosed at the application stage to avoid having to provide additional information at the claim stage, which could delay the process,…
“Women generally live longer, experience unique healthcare risks, need to take time off work during maternity leave, and shoulder a considerable portion of caregiving responsibilities. These factors are a perfect storm, making it challenging…
“We have eliminated bottlenecks and refined payments to healthcare providers and members. Working with our updated CRM system and new machine learning algorithms, our team settles claims faster than ever without compromising the attention each…
“Increasingly, where previously there was a trend of medical scheme members buying down to lower ‘core’ benefit options but ensuring some access to private healthcare, at least for any hospitalisation requirements, we’re now seeing people opting…
“Medical schemes have to be very deliberate and precise in their benefit design to remain relevant, solvent, and able to provide peace of mind to their members that they will continue enjoying reliable cover when they most need it," says Damian…
"Real transformation must produce tangible results both from the top down and from the bottom up. Regarding gender, what this means is that women need to be represented at every level, from senior leadership to entry-level positions," says Dr…
"If the estate doesn't have the liquidity, then the executor will sell off assets, sometimes below their market values as there's a rush to create liquidity. If there's no way an executor can raise sufficient liquidity, then they will normally…
"As our lifestyles, stress, and environmental factors change, more South Africans find themselves prone to diseases that deem them uninsurable, significantly limiting their life insurance options," says Steph Bester, CEO at AllLife.
“Our business model of empowered, accountable business units has demonstrated its resilience and agility, assisting the Group in coping with the multiple headwinds South Africa faced in the last year. Our dividend declaration reflects the continued…
"The surge in mental health conditions presents a new set of underwriting challenges. Accurate risk assessment is paramount, which means understanding the correlation between mental health conditions and their prognosis. By doing so, insurance…
NetcarePlus is committed to enhancing the healthcare landscape in South Africa. This expansion of our product suite demonstrates our dedication to creating affordable solutions that extend private healthcare access to employees," says Teshlin…
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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