As South Africans become more accustomed to transacting online, coupled with an increase in brand awareness by direct insurers across multiple digital channels, we are noting a marked increase in SME owners purchasing business insurance online.
The Treasury and the Financial Services Board (FSB) have called for more responsible and transparent pricing on consumer credit insurance, and may introduce new regulations for retailers offering credit or businesses providing unsecured loans.
The Treasury published its 2014 budget update on retirement reforms on 14 March but the deadline for the first two policy documents has been missed‚ as a rigorous consultation phase within the industry continues.
Bankmed, the closed medical scheme that services the banking sector, has achieved a significant milestone in the South African market - the celebration of 100 years of looking to their members' health.
Developing customer-facing mobile applications remains the third most important technology priority for insurers. Rhys Collins, Head of African Operations for SSP, says in Africa this would be second or first...
Nadeson Investments has bought a 25.1% stake in Risk Benefit Solutions (RBS), an independent insurance and risk specialist, for an undisclosed sum, in a deal that will raise the broker's empowerment rating.
An innovative joint venture between Hollard Life Botswana and BotswanaPost will bring funeral and parcel insurance products within reach of non-traditional markets and potentially pitch the rapidly-growing insurance group towards securing significant market share within the next year.
We all want to ensure that those we care about are taken care of once we pass on, and not create unnecessary complications. Why then do so many South Africans either have no will or have wills that are invalid?
Hollard Insurance has cleverly grasped a market gap by capitalising on the growing business links between China and southern Africa and establishing a desk exclusively servicing the insurance needs of Chinese companies working in the region.
Bluespec Holdings, a service provider of outsourced procurement solutions for South African Insurance Companies is proud to announce the newest member of the group. An entirely new arm of the business called Auction Nation has been developed to offer salvage buyers a welcoming environment that caters for their salvage needs.