Inflation, the decline of purchasing power, is in the spotlight after Statistics South Africa said last week that annual inflation had accelerated to 6.5% in May, from 5.9% a month prior – the highest level since January 2017. Jaco Prinsloo,…
There will always be a role for brokers in the insurance industry, and if the relationship with brokers is managed effectively, insurers need not suffer too many ‘missed opportunities’, says Charlene Lawrence, General Manager: Brokers at MiWay…
Ours is a culture that is attractive to talented young people in our field, because we are constantly innovating, questioning, and evolving our business practices, products and 'go-to-market' propositions, says Enid Lizamore, Executive Head:…
Client buildings are antiquated and adequate risk management processes for their infrastructure and business activities are not a widespread practice, says Rheinhardt Schnetler, Head of Insurance at VCiB.
There is little doubt that in the last few years insurers have continued to battle increasing risks, some of which are natural causes, says Viviene Pearson, SAIA CEO.
The risk sector in South Africa and around the world is struggling not only to find a way to calibrate the impact of long-term climate change, but also to predict and calculate the immediate costs of short-term weather volatility, says Ronald…
To service professional clients adequately, we need to have an understanding of who they are and what their unique needs and challenges are. Also, intermediaries that get it right could cultivate lucrative relationships with these clients from…
Santam spokesperson, Andrew Coutts offers steps for brokers to monetise their advice offering, to embrace the role of risk adviser and many more.
According to Anet Ahern, CEO at PSG Asset Management, “what is required when fundamental shifts are afoot, is a sober assessment of the beliefs that underpin the portfolio construction process. Letting go of a long-cherished security blanket…
An important point to note is that gap cover is not a substitute for medical aid, so one can’t take the lowest level medical aid cover and expect gap cover to cover any financial shortfall, says Michael Emery, Ambledown Financial Services Marketing…
Lizé Lambrechts, Group CEO of Santam Insurance looks at the role played by insurers in making the business environment more resilient by providing them cover which helps them to bounce back when things go wrong.
Philip Saunders, Co-Head of Multi-Asset Growth discusses the dramatic policy shift towards defence and energy spending in Europe and explains why the conflict may mark a turning point in the world’s reliance on the US currency.
The Covid-19 crisis had already revealed the strong interdependencies that had built up in many sectors, including the healthcare industry, says Marie-Suzanne Mazelier, Chief Investment Officer, SCOR Investment Partners.
Too often, just one small mistake like compromised client login details or one employee forgetting to exercise caution with sensitive information can lead to an easy way in for criminals, and difficult consequences, says Richard Rattue, Managing…
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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