A new challenge for SA companies: converging cyber, fraud and AI risks
"What we are increasingly seeing is a convergence of cyber incidents, fraud, governance failures, operational…
"Our research suggests that poor sleep is up to five times more predictive of motor vehicle accident risk than traditional insurance risk factors considered in isolation. That points to a significant blind spot in how driving risk has traditionally been understood, both locally and globally," says Robert…
"What we are increasingly seeing is a convergence of cyber incidents, fraud, governance failures, operational…
"Adverse weather conditions are a recognised contributor to truck accidents globally, with studies indicating…
"Women are increasingly acting as the sole or primary financial anchors for multi-generational households.…
"From renewable energy projects and transport infrastructure to data centres and telecommunications networks,…
As the needs of customers evolve, our approach evolves along with it. In an increasingly competitive market, we believe that Customer Experience is our differentiator and that putting our customers at the centre of everything we do delivers real results.
Life insurance is a vital financial safety net that ensures your family is protected when you’re no longer…
Whether you're just starting your financial journey or looking to sharpen your money management skills,…
"Coface’s global “Power the Core” strategy, places digital technology and data excellence at the heart of our transformation. We’re committed to leveraging technology to enhance risk visibility, improve customer experience, and drive sustainable growth across South Africa and beyond," says Abdul Valley,…
"We offer our people exposure to global expertise, intellectually challenging work, and continuous learning…
"At the heart of everything we do is a commitment to elevating our brokers and our clients experience…
"We invest heavily in culture, talent development and creating an effective workforce. Our culture is…
"A good leader should set a vision for people, so that the employees feel part of something bigger than…
"As medical expense shortfalls become increasingly common, addressing them is becoming part of a financial adviser's responsibility. When recommending or reviewing medical aid, it is not enough to focus only on contributions and benefits," says James White, Director: Sales and Marketing at Turnberry…
"When our savings plans fall short, we often blame ourselves. We assume we lack discipline, don't earn…
"During bereavement, families should not have to worry about delays or complexity in accessing financial…
"Our ongoing drive to deliver ensures our customers can rely on us in their times of need. The public…
"Our members work with massive machinery, scale dangerous heights, and face conditions that most people…
"The biggest impact will once again come from higher petrol prices, following the increase of 143 cents per litre during June. Food inflation should remain fairly moderate, while inflation in most consumer goods is still very subdued, much as we've seen over the past year," says Johann Els, Chief Economist…
"Ultimately, navigating the tension between longevity and legacy requires a behavioural shift. Relying…
"Research from the International Monetary Fund suggests that around 40% of global employment is exposed…
"South Africa is often seen as lacking AI-ready talent, but this diagnosis is inaccurate. The country…
“Operating through a regulated local entity matters because it shapes the environment in which decisions…
"Health-care systems must evolve to manage long-term conditions more effectively. Introducing prevention measures, intervening earlier and bridging public and private sectors can help people stay healthy, productive and financially resilient," says Alison Martin, CEO Life, Health and Bank Distribution.
Munich Re’s Cyber business in Asia-Pacific and Africa has announced a new management team, with Marco…
“I’m delighted to welcome Vitruvian Partners as our new lead investor. Since launch in 2020, ASR has…
"The pre-retirement phase is where the advice gap does the most long-term damage. Members may understand, in theory, that they need to save, preserve and plan; however, they often struggle to convert that awareness into consistent behaviour," says Denisha Subjee, Corporate Relationship Executive at Graviton…
"One of the biggest advantages any successful football team has is a good coach. Even the world's best…
"As South Africa marks National Savings Month, more people are working beyond retirement age. Here are…
"Our approach to facilities management is an extension of our broader operating model, where engineering, infrastructure and client solutions come together to enable the group to serve clients at scale," says Nkosinathi Manzana, Standard Bank Group Head of Real Estate Services.
“By permanently removing an upfront cost barrier like the initiation fee, we are making it easier for…
"A failed banking transaction is one thing; the business impact is another. Businesses don't run on banking…
“Many young journalists are expected to cover complex financial topics without ever having had structured exposure to how the industry actually works. The Business Journalism Exchange is our way of closing that gap," says Celiwe Ross, Group Chief Human Capital and Corporate Affairs Officer at Old Mutual.
“We are delighted to attract external talent with proven expertise and experience to complement our internal…
“The official launch of the IPEC Regulatory Sandbox reflects the Commission’s commitment to creating…
"This judgment makes it unequivocally clear that employers carry the financial and legal risk when contributions…
“SMMEs remain a critical driver of economic activity and job creation in South Africa. At a time when…
“South African industry has known for some time that diesel dependency carries risk. What the current fuel price environment has done is make that risk impossible to ignore. The conversation has shifted from ‘should we consider renewables’ to ‘how quickly can we move,” says Nigel Sun, Head of Sungrow…
"By tackling non-revenue water, we are addressing both a critical environmental challenge and an economic…
"In pursuing our growth agenda for the East Africa region and the African continent, we are focused on…
"Its main purpose is to protect policyholders who may only learn at the claims stage that some funeral policies may not pay out because of the limits that apply when they hold multiple funeral policies with the same insurer," says Christine Rodrigues, Partner, and Shatakane Smela, Candidate legal Practitioner,…
"The COFI Bill introduces enhanced governance standards for retirement fund boards. Trustees and other…
"The decision illustrates a compelling and justified application of the Court's discretion in circumstances…
"But should you keep all your retirement savings together, or split them across more than one product? The answer depends on each person’s circumstances and where they are in their retirement journey. Here are a few things worth considering," says Sino Booi, Momentum Savings' Product Development Lead.
"Workplace culture and the relevance of the benefits offered also influence whether employees use these…
"People are also living longer: Over the past two decades, life expectancy has climbed by 13 years, which…
"Several South African fintech and digital distribution businesses have entered the insurance space via cell captives rather than applying for full insurance licences. By partnering with insurers, they gained speed to market while managing capital exposure," says Kwanele Sibanda, Founder and Editor of…
A significant advantage of cell captives is access to reinsurance markets through the licensed insurer’s…
South Africa is widely recognised as one of the most developed cell captive markets globally, with established…
"In gas markets, Iran is a significant producer, but it is not major exporter of gas. Unlike the oil market, there is little or no spare capacity in global gas markets right now. The big players in the region are Qatar and the UAE whose combined exports comprise around 20% of global liquified natural…
"In gas markets, Iran is a significant producer, but it is not major exporter of gas. Unlike the oil…
"The escalation of the Middle East conflict, now involving fighting against Hezbollah in Southern Lebanon,…
"The escalation of the Middle East conflict, now involving fighting against Hezbollah in Southern Lebanon,…
"Interest rate risk and high breakeven levels combined with concerns that crop and livestock prices could…
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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