"Each business is unique and their cover should be unique to their business, the business size, the business type, the business premises etc, all will be uniquely different and will need bespoke solutions to cover their risk of financial loss…
"While there are many benefits to using ChatGPT, there are also a number of limitations, even risks, that businesses should keep in mind in order to ensure that they are indeed making the most of this exceptional technology," says Professor…
Bernard Jarvis, Financing Manager at iMasFinance Belville, unpacks some of these changes that will help consumers cope with the current economic pressures.
Iain Cunningham, Co-Head of Multi-Asset Growth at Ninety One, discusses how the failure of SVB Financial is a consequence of something much bigger - and how we might be facing the start, rather than the end, of a broader cycle of delinquency,…
"AI can also help an insurance company to reduce claims wastage by identifying prospects or policyholders that are more likely to claim. This can help the insurer to price premiums more appropriately for high-risk customers," says Bryan McLachlan,…
"Mental health exists on a spectrum where you feel confident and happy with your mental state, to feeling out of control and completely unable to live a meaningful life. For each of the possible causes of mental health, we may feel like we are…
"Insurance is a critical component in building a resilient financial ecosystem, as it offers income protection to consumers, covers business risks and facilitates exports and imports to attract foreign investments.", says Thando Sompeta, Chief…
"With a positive view on South African government bonds being largely a consensus trade in early 2022 in the local fund management industry, most would have been disappointed with the outcome – an underperformance of cash markets and significant…
"One of the best ways to survive tough economic times is to keep costs as low as possible, however, the common measures such as laying off staff and cutting overheads is not always the best way to achieve this. Working smarter and sourcing the…
"Insurance is an important risk management tool. Agricultural insurance can protect farmers in the agricultural sector by covering losses from adverse weather events. This can help farmers to maintain their income level and to continue farming…
Insurance-Linked Securities' performance is driven by events in the natural world, and, as such, Beat Holliger, Head of Product Management, ILS at global asset manager Schroders says: "This diversification benefit is a key reason that investors…
The days before the end of the personal tax year ends are rapidly disappearing, and if you are looking to save more for retirement, while paying less tax, now is the time to do it. Rita Cool, certified financial planner at Alexforbes, has advice…
"The insurance industry is in prime position to drive innovation, owing to the impact of the pandemic on its business and operations. Increased digitisation, which is precipitated by increased access to the internet, is fundamentally changing…
"According to the South African Treasury, only 6 out of every 100 South Africans will be able to retire comfortably. A recent BusinessTech poll shows more than a third (35%) of middle-class South Africans aren’t putting any money at all away…
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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