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Life & Health Insurance

 

Life & Health Insurance / 06-12-21 / By Duty Editor

Sanlam concludes agreements with Alexander Forbes

These transactions support Sanlam’s strategy to strengthen our position in South Africa, and will build on the acquisition of Alexander Forbes’ Group Risk business announced earlier this year, says Sanlam Group CEO, Mr Paul Hanratty.

Life & Health Insurance / 24-11-21 / By Duty Editor

Five 'must-have' soft skills for intermediaries in 2022

For intermediaries, soft skills are the bed rock of their profession and how they adapt those skills to the world as it is now will determine their success in acquiring new clients and retaining existing ones, says Thuthuka Gumede, Regional…

Life & Health Insurance / 29-10-21 / By Staff Writer

How client segmenting can bring more value

Below, Jacques Coetzer, General Manager: Strategy and Transformation at SanlamConnect discusses the importance of client segmentation.

Life & Health Insurance / 13-10-21 / Staff Writer

Spike in claims for 2020 ‘highlights importance of income protection’

Life insurer FMI, a division of Bidvest Life Ltd, saw the highest number of claims in its 26-year history in 2020, with claim volumes increasing by 17% compared to the previous year due to a sharp increase in temporary income protection claims…

Life & Health Insurance / 05-10-21 / Staff Writer

It is time IFAs put income protection at the top of the agenda

Income protection should be the priority when it comes to life insurance for every income-earning South African

Life & Health Insurance / 27-09-21 / By Staff Writer

FMI appoints first female CEO, Lulu Rasebotsa

Life insurer FMI, a division of Bidvest Life, has appointed financial services industry leader Lulu Rasebotsa as its new chief executive, effective 6 October 2021.

Life & Health Insurance / 23-09-21 / By Staff Writer

Where there is a 'Will' there is a way

It is only when someone passes that many people find how unprepared they are for the event. Where is the will, what are the bank account numbers, where are the insurance policies, car registration documents? The list goes on and on,

Life & Health Insurance / 16-09-21 / By Robin Wagner

Accelerated digital transformation means quick wins for insurers

Across the globe, digitally transformed insurers are weathering the pandemic more successfully than those relying more on in-person intermediation. Robin Wagner, Senior Vice President International Insurance at TransUnion, explains why — and…

Life & Health Insurance / 15-09-21 / By Duty Editor

Despite unprecedented claims, life insurers remain well capitalised

Despite the unprecedented claims and benefit payments made to policyholders and beneficiaries as a result of the Covid-19 pandemic, the life industry remains in robust financial health.

Life & Health Insurance / 15-09-21 / Staff Writer

Here’s why it’s vital that you have a valid will

Every year, tens of thousands of South Africans die without a valid will. The effects on their families and loved ones can be devastating, as they are often left without access to funds while the estate is being wound up – a process that can…

Life & Health Insurance / 10-09-21 / Staff Writer

Understanding the roles of the nominees in your will

Estate planning means making a plan for taking care of your nearest and dearest and dealing with everything you own and owe when you pass away.

Life & Health Insurance / 09-09-21 / Staff Writer

Sanlam reports strong 2021 interim results

Africa’s largest insurance company, Sanlam today reported strong interim financial results for the six months ended 30 June 2021. The Group said its performance reflected the strength of each of its businesses and underlined the Group’s continued…

Life & Health Insurance / 08-09-21 / Staff Writer

Life insurance: know what you signed up for

Let’s face it: many of us don’t understand the details and terms of our life insurance policies. Apart from the fact that you could be insuring the wrong risks, the bigger problem with not understanding your cover is that you could end up being…

Life & Health Insurance / 08-09-21 / Staff Writer

MMH results show record sales, highest ever death claims

Momentum Metropolitan Holdings has reported its financial year-end results today for the year ended 30 June 2021 (F2021), which it says was a year of extremes.