Subscribe to industry newsletters

BizTrends 2017


Download the complete BizTrends 2017 PDFs with over 100 trends contributors across 18 industry sectors.

Download PDF | Order printed book
Bizcommunity has over 400 industry contributors and we always welcome further contributions and contributors.
What junk status means for car owners
What junk status means for car owners

South Africa has been downgraded to junk status by Standard & Poor's and Fitch Ratings. The long-term effects of being downgraded will lead to higher interest rates...

13 Apr 2017

S&P downgrades four listed insurers
S&P downgrades four listed insurers

S&P Global Ratings' axe has now fallen on four listed insurers following its recent decision to cut the government's foreign-currency rating to non-investment grade...

12 Apr 2017

Millennials disrupting the insurance industry
Millennials disrupting the insurance industry

The millennial market, along with the rapid development of technology, is forcing insurers to explore new ways of connecting and engaging with their customers...

6 Apr 2017

Henk Meintjes, head of risk product development, Liberty
Cancer still tops insurance claims list

An increase in cancer-related insurance claims might not necessarily be a bad thing...

By Nicci Botha 3 Apr 2017

Judge Ron McLaren, long-term insurance ombudsman
Insurance company penalised for "lackadaisical" handling of claim

A long-term insurance company has been ordered by the industry's watchdog to pay compensation for its shoddy handling of a claim...

30 Mar 2017

Here's to rolling on a budget...
Here's to rolling on a budget...

It's that time of the year when may you find yourself with more month at the end of your money...

Issued by MiWay 24 Mar 2017

Demarcation regulations: In whose best interests?
Demarcation regulations: In whose best interests?

Are the demarcation regulations a means to erode the private healthcare system ahead of NHI?...

22 Mar 2017

Fraud, waste and abuse - why healthcare is so expensive
Fraud, waste and abuse - why healthcare is so expensive

Some of the most significant contributors to soaring healthcare costs are fraud, waste and abuse...

15 Mar 2017

Disability claims hit assurers
Disability claims hit assurers

A spike in disability claims has hit the profits of all SA's life assurers hard over the past year, because of the economic downturn and a change to tax rules...

14 Mar 2017

Insurance rivals go head-to-head in aid of charity
Insurance rivals go head-to-head in aid of charity

The King Price family arrived to work this morning to find an empty throne – their king (mascot) has been abducted by one of its (green with envy) competitors over the weekend...

13 Mar 2017

Stephen Morrison/AusAID via
Insurance vital, but no magic bullet to fight drought in Africa

More developing countries urgently need insurance to cushion their farmers against weather extremes that can worsen poverty, but it is no magic bullet to ward off the escalating impacts of climate change, experts say...

By Alex Whiting 10 Mar 2017

What homeowners need to know about insurance
What homeowners need to know about insurance

Understanding the ins and outs of home insurance is crucial. Here's what you need to know to safeguard your home against any unexpected loss or damage...

Issued by Private Property 9 Mar 2017

Marine insurance is a risky business
Marine insurance is a risky business

Today marine insurance covers all forms of cargo, across all modes of transport be it ocean vessels, ferries, barges, road, rail and even courier services...

By Adriaan Bester, 7 Mar 2017

Introducing Iemas Insurance Brokers (Pty) Ltd
Introducing Iemas Insurance Brokers (Pty) Ltd

In line with Iemas' continued commitment to improve operational efficiency and long-term sustainability, a decision was approved to transfer the Short-term Insurance (STI) and Financial Advisory Services (FAS) business of Iemas to a subsidiary company that will be wholly (100%) owned by Iemas...

Issued by Iemas Financial Services 7 Mar 2017

FSB to stop insurers spamming mobile numbers
FSB to stop insurers spamming mobile numbers

A draft replacement of the Financial Services Board (FSB) Policyholder Protection Rules (PPRs) will enable consumers to opt-out of unwanted SMS communication...

1 Mar 2017

Risky business travel: how can companies avoid pitfalls when travelling abroad?
Risky business travel: how can companies avoid pitfalls when travelling abroad?

If a business traveller extends their trip for pleasure and the leisure portion comprises more than half the time they are away, they should be aware that they need to purchase additional travel insurance cover...

24 Feb 2017

Insuring your property
Insuring your property

For most of us, our homes are the largest and most valuable assets we will ever have. That it might be damaged or destroyed is an inevitable risk, and one that we need to guard against. For this reason, getting the right insurance is a facet of the property business than can never be overemphasised...

By Richard Gray 17 Feb 2017

Santam expects earnings to plunge 44%-49%
Santam expects earnings to plunge 44%-49%

Santam expected headline earnings per share in the year to December to decline up to 49% from a year-ago period, the short-term insurer said

15 Feb 2017

Dixon appointed to top position at IAIS
Dixon appointed to top position at IAIS

Jonathan Dixon, the long-time deputy executive officer for insurance at the Financial Services Board, has been named the next secretary-general for the International Association of Insurance Supervisors...

By Hanna Ziady 14 Feb 2017

StockSnap via
Why recreational drone users need training to be insurable

South Africa's drone operation regulations have had significant licensing cost implications for businesses, but consumers may be at the highest risk for financial cost...

14 Feb 2017

Outsurance in new push with digital experts
Outsurance in new push with digital experts

In its latest push to diversify beyond insurance, Outsurance has hired a team of digital financial services experts from Take Your Money Everywhere (Tyme), the mobile payment provider...

By Hanna Ziady 13 Feb 2017

Budget 2017/2018: what will this do to my pocket?
Budget 2017/2018: what will this do to my pocket?

Given that South Africa, as a country, is still struggling financially, we can be confident that there will be more innovative taxes included in what is tabled...

By Cathie Webb 13 Feb 2017

#DesignMonth: Sanlam launches instant insurance app
#DesignMonth: Sanlam launches instant insurance app

A new app by Sanlam allows South Africans and tourists to now have access to instant accident cover on demand via their smart phones...

6 Feb 2017

Insurance's evolution through tech
Insurance's evolution through tech

We are seeing a very clear shift away from traditional insurance to more evolved cover tools...

By Jaqueline van Eeden 24 Jan 2017

Fintech reinvents the insurance industry
Fintech reinvents the insurance industry

Life insurers are beginning to re-evaluate their business models as connected customers demand a more seamless experience and fintech introduces innovative technologies...

23 Jan 2017

Mutual & Federal annual results hit by big claims
Mutual & Federal annual results hit by big claims

Short-term insurers, including Mutual & Federal, would post strained underwriting results for the 2016 financial year following a number of large claims...

20 Jan 2017

Insurance policies require review amid continued wildfire fears
Insurance policies require review amid continued wildfire fears

In the past three weeks, fires throughout the Western Cape have destroyed several historical buildings, residential properties, businesses and farms...

20 Jan 2017

Shehnaz Somers, head of commercial underwriting at Santam
Mitigating risk in South Africa's wine industry

With a number of wine farms being adversely affected by the recent spate of fires in the winelands of the Western Cape, the issue of risk in this sector has once again been brought to the fore...

20 Jan 2017

Hollard's Imperial deal cracks nod
Hollard's Imperial deal cracks nod

Insurer Hollard's R2.3bn bid for Imperial's Regent group of companies advanced in December after the African leg of the deal (excluding SA) obtained the required regulatory approvals, Imperial said on Tuesday...

By Moyagabo Maake 18 Jan 2017

Show more