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Buying online business insurance: Be careful

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.

By John Kerby 22 Jul 2014 06:35

Bikers for Mandela Day dedicated to survivors of gender-based violence

Zelda la Grange, DJ Fresh, Saint Seseli, Angie Khumalo, Anele Mdoda, Alex Caige, Clint Cunningham and Johrne van Huyssteen recently donned helmets to take part in 1st for Women's annual biking event.

18 Jul 2014 12:30

New pension fund rules cause confusion for administrators

Most companies are in the dark on how to amend payrolls to accommodate the retirement fund and tax reforms coming in March next year‚ according to experts at a "Do or Die" pensions conference.

By Evan Pickworth 15 Jul 2014 11:36

Helping South Africans quit the killer

Quitting your smoking habit is good news for your health and your pocket.

10 Jul 2014 11:02

Treasury, FSB examines credit insurance sector

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.

By Phakamisa Ndzamela 5 Jul 2014 08:47

MMI now focusing on client needs

Insurance company MMI Holdings had overhauled its business structure to help change it from a product-driven organisation to one more responsive to client needs, Chief Executive Nicolaas Kruger said.

By Gillian Jones 3 Jul 2014 11:38

Deadlines missed but retirement debate continues

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.

By Evan Pickworth 1 Jul 2014 10:37

Banking on the future

How does a medical scheme that has just celebrated its 100th birthday continually remain relevant to its members? By using the past to predict, plan and strategise for the future.

Issued by Bankmed 30 Jun 2014 13:40

A healthy 100 years old

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.

Issued by Bankmed 27 Jun 2014 13:40

Pension funds may finance public infrastructure

South African asset managers are turning to infrastructure investments as pension funds at last develop an appetite for funding public infrastructure.

By Carol Paton 27 Jun 2014 10:00

Forty percent of insurance apps could be abandoned

Developing customer-facing mobile applications remains the third most important technology priority for insurers.

26 Jun 2014 14:27

Should African insurers review their mobile strategies?

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...

26 Jun 2014 11:10

MTN joins forces with Hollard to innovate in insurance

Hollard Life Zambia has partnered with MTN Zambia to bring an innovative new insurance product to the Zambian market, building on both groups' reputations for customer-focused innovation.

Issued by Hollard Insurance 25 Jun 2014 15:30

MMI buys CareCross group

Insurer MMI Holdings has bought the CareCross Health Group for an undisclosed sum‚ which it says will allow it to reduce healthcare costs.

20 Jun 2014 10:28

Nadeson buys stake in Risk Benefit Solutions

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.

19 Jun 2014 09:13

SA's people under-insured by R24trn

Insurance company Liberty plans to capture more uninsured young people by issuing free cover for a year in the hope that the clients will understand the importance of insurance.

18 Jun 2014 11:18

Sanlam looking to invest in Africa, South-East Asia

Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.

By Phakamisa Ndzamela 6 Jun 2014 11:02

Sanlam acquires majority share in Rwanda's Soras Group

Sanlam Emerging Markets (SEM) has acquired a 63% interest in Soras Group Limited, Rwanda's largest life and non-life insurance company for $24.3m (or approximately R254m at current exchange rates).

5 Jun 2014 12:24

Medical aid reforms needed now, say experts

Reforms planned years ago will have to be implemented soon if medical aid schemes are to be affordable.

3 Jun 2014 05:46

Hollard Life and BotswanaPost innovatively reaching the market

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.

Issued by Hollard Insurance 30 May 2014 12:48

[Money Matters] How to avoid that penalty on your RA

We invest in a retirement annuity to ensure we can live comfortably in retirement - but what happens when a penalty promises to take a massive chunk out of your savings?

By Graham Turnbull 29 May 2014 06:46

Is your family protected?

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?

Issued by Meredith Harington 28 May 2014 14:42

Home insurance without excessive premiums

With the increasing cost of living and utilities, many homeowners may be relooking at their financial situation and deciding where they can save money or cut costs.

28 May 2014 11:57

Brokers offer tailor-made client solutions

By focusing on the price sensitive market segment and reducing the cost for that specific segment, direct insurance marketing has gained market share and changed the short-term insurance landscape.

28 May 2014 11:01

Hollard looks to ride the dragon

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.

Issued by Hollard Insurance 22 May 2014 13:54

Government and private sector after 20 years of democracy

We are enjoying 20 years of democracy so it is a good time to take an objective look at transformation as a partnership between government and the private sector.

By Brett Bowes 22 May 2014 13:21

Old Mutual gross sales up 24% to €6.2bn

London and JSE-listed insurer Old Mutual reported a 24% increase in first-quarter gross sales to €6.2bn on a constant currency basis.

20 May 2014 11:47

South Africans are underinsured for disability

According to the 2013 Gap Analysis of the Association for Savings and Investments South Africa (ASISA) more than two-thirds of the country's working population are underinsured for disability.

19 May 2014 13:06

Astrapak diluted loss per share of 32.9c

Plastic packaging group Astrapak reported a diluted loss per share of 32.9c for the year ended February from headline earnings per share of 10c in the previous year.

14 May 2014 12:51

Auction Nation takes savage out of Salvage

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.

8 May 2014 11:24

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