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Nefrids Africa wins Seedstars Tanzania round
Nefrids Africa wins Seedstars Tanzania round

Nefrids Africa has won the Tanzania round of Seedstars World and will represent Tanzania at the Seedstars Summit in Switzerland to compete for up to $1m in equity investments and other prizes...

1 day ago

Pre-NHI forum to take on medical aid graft
Pre-NHI forum to take on medical aid graft

The Special Investigations Unit (SIU) has partnered with the private healthcare industry to create a forum to help prevent corruption for NHI...

19 Jul 2017

2017 Startupbootcamp InsurTech fast-track tour mid-August
2017 Startupbootcamp InsurTech fast-track tour mid-August

Startupbootcamp will be giving young InsurTech startups the opportunity to engage with industry experts at the InsurTech fast-track days...

18 Jul 2017

#StartupStory: eCOIDA
#StartupStory: eCOIDA

eCOIDA is not a 'startup' in the obvious sense of the word. A division of an 18-year-old company, we find out how the Barclays Accelerator is helping it to venture into the short-term insurance industry...

By Ilse van den Berg 6 Jul 2017

New executives at Alexander Forbes
New executives at Alexander Forbes

Alexander Forbes has bolstered its executive team with two new appointments and a newly created role for former human resources boss Thabo Mashaba...

By Moyagabo Maake 5 Jul 2017

The junk status effect on small businesses
The junk status effect on small businesses

Tempted to cut corners in an attempt to save money, don't succumb to the pressure and skimp on your business insurance - being properly covered is critical to long-term survival...

Issued by MiWay 29 Jun 2017

Nic Kohler, CEO: Hollard Insurance Group
Hollard completes Regent deal

The Hollard Insurance Group has completed its R1.8bn acquisition of the Regent Insurance Group from Imperial Holdings...

28 Jun 2017

Closing the underinsurance gap
Closing the underinsurance gap

There's a worrying trend in consumer behaviour which will see the underinsurance gap grow even more over the next few years...

26 Jun 2017

South African Customer Satisfaction Index shows fondness for fast foods
South African Customer Satisfaction Index shows fondness for fast foods

The Consulta 2016 National South African Customer Satisfaction Index (SAcsi) reflects that South Africans are fond of fast food...

22 Jun 2017

Tabech wins Seedstars Mozambique round
Tabech wins Seedstars Mozambique round

Mobile insurance startup Tabech has been selected as the winner of the Mozambique round of Seedstars World for its Móvelcare product. It was also announced that the annual Seedstars Africa Regional Summit will take place in Mozambique...

22 Jun 2017

Brooks Mparutsa, executive director of Hollard's international business.
Hollard partners with Cigna

Insurer Hollard planned "significant acquisitions" on the continent in the next few years...

20 Jun 2017

Photo: Mediclinic
New law crimps cash-back plans

The demarcation regulations clearly distinguish between medical insurance products and medical aid schemes...

By Roland Buys 20 Jun 2017

Iemas now offers a primary healthcare solution to participating employer groups
Iemas now offers a primary healthcare solution to participating employer groups

Iemas Insurance Brokers has announced yet another solution to its current product portfolio in the form of primary healthcare solutions to participating employer groups' employees...

Issued by Iemas Financial Services 19 Jun 2017

A screenshot of the Outsurance Father’s Day ad.
Outsurance responds to its ‘racist' Father's Day ad, blames junior employee

NEWSWATCH: Outsurance's Father's Day advert was ill-conceived by a 'young' staff member and branded as 'racist' for featuring predominantly white fathers...

19 Jun 2017

Intermediaries applaud South Africa's top insurance brands
Intermediaries applaud South Africa's top insurance brands

In a ‘best of the best' celebration held at the Sandton Convention Centre, Johannesburg, on 8 June, the Financial Intermediaries Association of Southern Africa announced the 2017 FIA Awards winners...

Issued by Financial Intermediaries Association 9 Jun 2017

Genesis wins case on accounting for use of medical savings funds
Genesis wins case on accounting for use of medical savings funds

Genesis has won its legal battle with the Council of Medical Schemes over how to account for the funds in members' medical savings accounts...

9 Jun 2017

IFRS 17 will revamp insurance industry
IFRS 17 will revamp insurance industry

The new version of the IFRS is a completely new way of thinking for insurers...

6 Jun 2017

FAIS Fit & Proper e-learning now available with a shopping cart
FAIS Fit & Proper e-learning now available with a shopping cart

The challenges facing the financial services sector and related insurance business unit is ensuring they have suitably qualified FAIS Fit & Proper employees with qualifications aligned to the specific categories of insurance...

Issued by Intelligo Solutions 5 Jun 2017

Raimund Snyders, CEO of Old Mutual Insure
Goodbye Mutual & Federal, hello Old Mutual Insure

As of today, Mutual & Federal will be known as Old Mutual Insure...

5 Jun 2017

Muvhango Lukhaimane, pension funders adjudicator. Photo: PFA
PFA penalises RA fund for breaching duty of care

The Pension Funds Adjudicator has ordered Discovery Retirement Annuity Fund to refund a member R16,740.65 for unlawfully deducting an early exit fee...

2 Jun 2017

Romolo Tavani
Osti reports on 2016

In 2016, the Ombudsman of the Short-term Insurance (Osti) saw major changes in leadership, its approach to work and the impact of the legislative environment...

2 Jun 2017

Reserve Bank considers insuring people's savings
Reserve Bank considers insuring people's savings

SA is considering insuring people's savings in the event of a bank failure...

By Robert Laing 31 May 2017

Gerhard van Emmenis, acting principal officer, Bonitas
Mind the gap

Medical insurance products have got a bad rap, to the extent that the National Treasury stepped in to ensure consumers are safeguarded...

29 May 2017

Discovery, Investec face off
Discovery, Investec face off

It can't be coincidence that just as Discovery prepares to open a bank, Investec has gone into life insurance...

29 May 2017

Deloitte comments on IFRS 17
Deloitte comments on IFRS 17

Today's publication of the International Financial Reporting Standards (IFRS 17) marks a once in a lifetime regulatory change in accounting for insurance policies...

18 May 2017

#NAMPO2017: Appropriate financing needed to unlock agriculture's potential
#NAMPO2017: Appropriate financing needed to unlock agriculture's potential

“Innovation, technology, and economies of scale are critical in today's farming environment to ensure sustainability and competitiveness. These new challenges and complexities highlight the need for appropriate financial support..."

16 May 2017

Ombud recovered R187.7m in long-term insurance complaints in 2016
Ombud recovered R187.7m in long-term insurance complaints in 2016

Ron McLaren, long-term insurance ombudsman, highlights some of the challenges and concerns of the industry, ahead of the release of his office's 2016 annual report...

15 May 2017

Treasury tweaks insurance bill
Treasury tweaks insurance bill

The Treasury has agreed to changes to the insurance bill in a bid to accelerate the transformation of the industry...

11 May 2017

South Africans present new method for financial markets at international conference
South Africans present new method for financial markets at international conference

Two South African academics have pioneered a new numerical method that could help ensure greater efficiency and accuracy when pricing financial derivative instruments in markets worldwide...

9 May 2017

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