Poovan Perumal, Head of Product and Sales Enablement at Hollard Life Solutions outlines planning financial security for an unknown future; how Covid-19 has changed the consumer perception of insurance cover; the increased level of digitisation;…
"According to Statistics South Africa, 38% of South African households are single-handedly headed by women. So, it is clear that South African women need to protect themselves with the correct financial products," says Kashmeera Kanji, Discovery…
Life insurer Bidvest Life has announced the appointment of Titi Ngubane as its new Chief Information Officer and Bianca Rohan as its new Chief Human Resources Officer to support the next phase of the company’s growth.
The unclaimed assets were held in 77 790 risk policies, savings and investment policies, annuity polices and accounts in Collective Investment Scheme (CIS) portfolios, says Rosemary Lightbody, senior policy advisor at ASISA.
As the number of serious falls reported worldwide surges and already accounts for an estimated 684,000 deaths annually, insurers search for health and wellness solutions that can benefit aging policyholders.
It’ll take time to fully appreciate what Covid-19 did – and did not – impact directly. For example, deaths resulting from cancer and heart conditions increased somewhat between 2020 and 2021, says Petrie Marx, product actuary at Sanlam Individual…
When you take out a funeral policy, remember to determine how much cover you need and how much cover you already have through other policies, and also make sure that you understand the benefits on offer, as well as any inclusions and exclusions,…
The volume and wide variety of claims as well as value returned to clients for healthy behaviour reveals an all-round positive impact on the lives of clients, says Riaan van Reenen CEO of Discovery Life.
"Through LifeCheq, holistic, personalised financial advice can be made accessible to previously underserved South Africans. LifeCheq is empowering people to take charge of their finances – improving their financial well-being and inclusion in…
Megan Govender, convenor of the ASISA Forensics Standing Committee, attributes the surge in exposed fraudulent and dishonest claims to the deployment of sophisticated detection mechanisms by the long-term insurance industry to stop fraud and…
Significant shifts are still occurring, the latest being the invasion by Russia of Ukraine and flooding in KZN, impacting not only the economy but environmental and social conditions, says Alsue du Preez, PwC Africa Insurance Leader.
We are delighted to have Allianz as partners and believe their expertise and financial strength will add tremendous value to our businesses, says Sanlam Group CEO Paul Hanratty.
Steve Piper, Chief Distribution Officer at life insurer Bidvest Life says technology has the potential to bring significant innovation to the insurance industry.
As Bidvest Life, with the backing of our shareholder, we are building a brand in the market that makes our life insurance solutions accessible to all South Africans; and we will continue to provide cover that is easy to understand and talks…
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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