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SAIA CEO steps down, joins Fulcrum
SAIA CEO steps down, joins Fulcrum

CEO of SAIA Barry Scott will be leaving SAIA at the end of November 2014. Scott will be joining the Fulcrum Group effective 1 December.

20 Nov 2014 07:21

Importance of effective labour dispute insurance
Importance of effective labour dispute insurance

The staggeringly high case-load at the CCMA highlights the importance of having effective labour dispute insurance in place, says underwriting executive Simon Colman...

12 Nov 2014 10:54

Subrogation entitles insurer to certain rights
Subrogation entitles insurer to certain rights

After your insurer indemnifies you in terms of your policy of insurance, your insurer has certain rights. One of those rights is the right of subrogation, either by common law or in terms of the insurance policy.

By Jayne Cross 21 Oct 2014 07:16

Turning risk to opportunity - RISKAFRICA magazine announces new focus - COSA Media
Turning risk to opportunity - RISKAFRICA magazine announces new focus

Niche magazine title, RISKAFRICA, has expanded its focus to include risk managers amongst its broker and insurance industry readers, offering them news and practice insights from across sub-Saharan Africa's fastest emerging markets...

Issued by COSA Media 17 Oct 2014 11:45

Driverless cars not just science fiction
Driverless cars not just science fiction

A recent survey has indicated that 22% of Americans would buy a car with autonomous capabilities, 53% would consider buying such a car, while 25% said they would never consider a self-driving car.

16 Oct 2014 11:10

Opinions divided over state-sponsored pensions
Opinions divided over state-sponsored pensions

South Africans without a pension or provident fund surprised industry analysts when two thirds said they liked the idea of being auto-enrolled into a pension fund.

By Evan Pickworth 3 Oct 2014 12:03

Acquisition of Brolink will improve Santam's efficiency
Acquisition of Brolink will improve Santam's efficiency

Short-term insurer Santam has consolidated its administration businesses under the Brolink brand from 1 October, with Santam remaining uninvolved in operations in order to ensure independence and parity across insurers.

2 Oct 2014 11:30

FAnews launches Apprentice programme
FAnews launches Apprentice programme

If insurance is not already on students' radar as a career choice, it should be. However, the mere word insurance makes people cringe when it is mentioned as a career pathway, but why?

23 Sep 2014 13:37

Camargue's new e-learning platform an industry first
Camargue's new e-learning platform an industry first

With the objective of enhancing professionalism within the industry, Camargue has launched a free online, IISA-accredited training initiative.

23 Sep 2014 10:00

Arthur Els and Genesis announce merger
Arthur Els and Genesis announce merger

Independent South African actuarial firms Arthur Els & Associates (AE&A) and Genesis Actuarial Solutions merged to form ARGEN Actuarial Solutions - two mid-tier specialist companies coming together to create one of the largest independent actuarial firms in Africa.

17 Sep 2014 08:22

Vehicle theft costs insurance industry billions
Vehicle theft costs insurance industry billions

The majority of the R8.5bn worth of vehicles annually stolen and hijacked in South Africa are taken across the border to neighbouring countries.

8 Sep 2014 13:48

Innovative app revolutionising an industry
Innovative app revolutionising an industry

Every so often, a new development emerges that sets out to revolutionise a particular industry. In this instance, it is an app that is proving to be a game changer when it comes to combating fraud within the insurance industry...

Issued by CustomApp 5 Sep 2014 11:14

Sanlam earnings up 27% in six months to June
Sanlam earnings up 27% in six months to June

Diversified life assurance and asset management group Sanlam lifted first-half headline earnings per share (HEPS) by 27% to 214.8c‚ the group announced.

5 Sep 2014 11:04

Insurance schemes hurt medical aids
Insurance schemes hurt medical aids

Medical aid cover could become far more expensive, Wits Professor and Health Economist Alex van den Heever warned at the Board of Healthcare Funders' conference in Durban.

29 Aug 2014 10:24

Regulatory changes face insurance sector
Regulatory changes face insurance sector

Insurance companies and intermediaries are bracing themselves for rapid, far-reaching regulatory changes that are due to be introduced in 2016.

25 Aug 2014 11:05

Women to the fore!

The CA(SA) is becoming a powerful vehicle for gender transformation in South Africa.

25 Aug 2014 10:39

Clientele's new business up 111%
Clientele's new business up 111%

Financial services company Clientele grew its new business to what it says was a record level of R638.2m for the full year to June‚ in a tough economic climate.

By Gillian Jones 20 Aug 2014 11:53

Insurance companies launch development programme
Insurance companies launch development programme

Hollard Insurance Company and Telesure Investment Holdings, owner of Auto & General Insurance, 1st for Women Insurance, Budget Insurance and Dial Direct Insurance, have launched a pilot development programme for small motor body repairers (MBRs).

20 Aug 2014 10:11

Digitisation should benefit everyone in insurance industry
Digitisation should benefit everyone in insurance industry

The South African insurance sector is advised to approach the digitisation journey incrementally rather than as a radical business transformation.

20 Aug 2014 09:25

Insight for the insurance industry
Insight for the insurance industry

A tidal wave of data is drowning the enterprise. A terabyte, maybe two a few years ago, has grown to several petabytes for the larger entities and most cannot cope with the speed and velocity at which this data is coming at them. Moreover, the vast majority of the data is unstructured, meaning that some 80% of data isn't stored in manageable and easy-to-use databases.

14 Aug 2014 14:27

No truth in rumours over nationalisation of pension funds
No truth in rumours over nationalisation of pension funds

Government has no intention of nationaliseing people's pension (or provident) funds, or preventing them from accessing their money, says the Department of Basic Education.

By More Matshediso 14 Aug 2014 08:03

Insurers expect some earthquake claims
Insurers expect some earthquake claims

Hundreds of insurance claims have flooded in after the earthquake that rocked parts of South Africa this week.

By Adele Shevel 14 Aug 2014 05:50

Insurers identify new markets and take new approaches for growth, 2014 KPMG Insurance Survey - KPMG South Africa
Insurers identify new markets and take new approaches for growth, 2014 KPMG Insurance Survey

The short-term insurance industry in South Africa has performed at significantly lower levels compared to last year. This is according to the 17th annual KPMG Insurance Survey...

Issued by KPMG South Africa 12 Aug 2014 11:08

Liberty's BEE earnings up to 664.7 cents a share
Liberty's BEE earnings up to 664.7 cents a share

Financial services group Liberty Holdings grew its black economic empowerment (BEE) normalised headline earnings per share (HEPS) by 10% to 664.7c for the six months to June.

8 Aug 2014 11:55

Accurate data a valuable aid for insurers
Accurate data a valuable aid for insurers

As the market for insurance grew and price and cost pressures rose, insurers and intermediaries could no longer afford the luxury of so much face time with clients, which resulted in a need for critical risk-related insight.

7 Aug 2014 08:53

MiWay CEO honoured for contribution to insurance industry
MiWay CEO honoured for contribution to insurance industry

René Otto, CEO of MiWay, was recently awarded the 2014 COVER Excellence Award in the category Lifetime Contribution to the Short-term Insurance Industry.

6 Aug 2014 08:24

Transnet faces R80bn claim from pensioners
Transnet faces R80bn claim from pensioners

A South African court on granted two pensioners permission to launch a multi-billion-dollar legal action against state-owned logistics company Transnet, which they accuse of stripping their retirement funds.

1 Aug 2014 10:19

Buying online business insurance: Be careful
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
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
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

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