“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…
“We are confident that SanlamAllianz will create significant value for clients, shareholders and other stakeholders. The combined expertise and resources of our respective companies will enable us to provide innovative solutions and services…
"This is an extremely proud moment for us. Being acknowledged by our industry and partners is hugely affirming that we're delivering on our promise to empower more South Africans to be financially confident, secure and prosperous," says Jean…
"Nearly 43% of every household in South Africa is single-handedly being raised by a woman. They are breadwinners, and at the same time, they are caretakers of these families. Furthermore, global statistics show that women are three times more…
Noting the return of heart disease as first amongst the 'Big Five' causes of Sanlam claims for the year, Sanlam Chief Medical Officer Dr Marion Morkel, says renewed awareness of health and lifestyle realities with a commitment to prioritise…
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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