“AIE 2025 brings together not only the brightest minds in insurance, but also a powerful community of professionals who are passionate about the future of our industry. This year’s line-up reflects the diversity, dynamism and depth of expertise…
“In response to these emerging risks, the insurance market is starting to develop new frameworks and products. While some exposures may be absorbed into existing lines such as Cyber, Tech E&O and Product Liability, there is a growing need for…
“Insurance feels like a luxury for many South Africans, but the risk of being underinsured or uninsured entirely is far more costly in the long run. One incorrect calculation or overlooked item could mean a reduced payout, an inability to replace…
“Young people need insurance because it provides a way to bounce back from the financial shock of losing a key asset. This could be a phone, laptop, handbag, or if you’re more fortunate, a car,” says Leruo Malumo, Head of Product at Santam,…
"I am excited to be part of HDI Global and further drive the company's offering of International Programmes. The African continent is often undergoing transformation, be it in political, economic, social or environmental terms. At the same time,…
"IFRS 17 represents more than just an accounting shift; it’s a strategic transformation. While much of the attention has focused on large insurers, brokers, UMAs, and smaller players must also take note. The ripple effects are real, and no one…
“Retroactive cover ensures that professionals remain protected for work done before the start of their current policy, while claims-made policies dictate that coverage applies only if both the claim and the incident occur within an active policy…
"In 2021, Discovery Insure launched Discovery Pothole Patrol to support the JRA and CoJ in their vital work of repairing potholes and making roads safer for all users. Avis joined the project in 2023, bringing significant support and awareness.…
“Many of our clients ask us how much liability cover is adequate. Our answer is always to consider the number and kind of activities that you offer, which could increase the risk of injury. Also, who are your clientele?" says Paula Harvey, Business…
“Each of these sub-brands has carved out a distinct space in the market. They are known for their technical expertise, deep client insight and specialist focus. Their success, however, was not achieved alone. It was built on a strong partnership…
''Recent reports have shown increases in fire-related incidents and insurance claims. This underscores the urgent need for South African households, communities, and businesses to unite and collaborate to prevent winter fire incidents," says…
"The degradation of natural resources is undeniable. The United Nations 2030 Agenda is an inspiring and unifying message to build strong resilience around a transformative project that will further strengthen ecosystem interdependence for a…
"South African consumers are returning to the vehicle market with a clear focus on value and flexibility. We're seeing a continued shift away from traditional premium segments in favour of more accessible alternatives that meet evolving needs…
"Now is the time to conduct a thorough cyber risk assessment, review the limitations of existing cover, and ensure your business has dedicated cyber insurance in place. The cost of protection is minimal compared to the cost of recovery.," says…
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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