"This year, SMEs should take a proactive approach: identify critical functions, assess vulnerabilities, and secure the insurance cover needed to protect their business. With the right solutions in place, owners can focus on growth, knowing that…
"Today's customers are more empowered than ever. Social media, consumer forums, and online complaints platforms make it easy for clients to voice concerns publicly. This means that an unresolved complaint can quickly escalate – but it also means…
"Life insurance is no longer just about what happens when someone dies. More and more, it's about supporting people while they are still alive – helping them navigate severe illness, disability or income disruption," says Gareth Friedlander,…
"We remain deeply committed to helping our customers live with confidence through savings and investment products and ensuring they are sufficiently healthy to enjoy the rewards of their efforts. We want to embed health solutions as an integral…
"The reality is that lifestyle-related diseases are no longer a future concern. They are here and continue to affect more South Africans every year. The encouraging part, however, is that many of these conditions are preventable and manageable…
"By encouraging proper beneficiary nominations, wills, and estate‑planning structures, a fiduciary mindset helps preserve savings, protect dependents, and ensure assets are transferred according to intention. Placing long‑term interests at the…
“The concept mirrors the way many people already buy airtime, data or electricity – on a prepaid, pay-as-you-go basis – instead of committing to long-term contracts. In the same way, clients can now purchase funeral cover upfront for three,…
"In our claims data, heart attacks, strokes, and cancer are among the leading causes. And what's alarming is how often these conditions now appear in people in their 30s and 40s - not just later in life. This is why it's so important to go for…
“The inevitable result is an erosion in benefits, even though premiums are increasing, which means that members are faced with greater self-funding gaps, especially on lower benefit options due to co-payments, penalty fees, exclusions and shortfalls,"…
"The role of the financial adviser is being reimagined. Automation can quote a premium, but it can’t interpret human emotion or anticipate how life events ripple through a family’s finances. The adviser of 2026 is no longer a salesperson, they’re…
"Fraud not only harms the finances of medical schemes but also undermines affordability, reduces the scope for benefit enhancements, and erodes trust between members and their schemes," says Kevin Aron, Principal Officer at Medshield Medical…
“As South Africa’s urbanisation continues to grow, people are substituting fruits and vegetables for more fast food, sugary drinks, and processed meals which has a huge impact in increasing the risk of prostate cancer,” says Dr Avron Urison,…
“We remain positive about the medium outlook of the emerging and frontier markets where we operate and we are confident in achieving our through-the-cycle targets, as outlined at the Sanlam Capital Markets Day. We expect continued demand for…
“For many households, the cost of medical scheme membership consumes a significant portion of monthly disposable income - yet it remains a non-negotiable given the state of the public healthcare system,” says Martin Rimmer, CEO of Sirago Underwriting…
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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